Gifts of Business Interests

Closely held stock

How it works

	You give shares of closely-held stock to Kentucky Baptist Foundation.
	offers the stock back to your company for redemption or re-purchase and uses the proceeds to fund or add to an existing endowment for one or more charitable causes.

Benefits

• You receive gift credit and an immediate income tax deduction for the appraised value of your shares, even if their original value was close to zero.
• You pay no capital gains tax on any appreciation that has taken place in the shares.
• Under certain conditions, you may be able to use closely-held shares to fund a life-income arrangement, such as a FLIP Unitrust.
• You can have the satisfaction of making a significant gift that benefits both you and charitable causes important to you during your lifetime.

For more information

Email us, complete the personal illustration form, or call us at so that we can assist you through every step of the process.

Kentucky Baptist Foundation
Attn: Laurie Valentine
P.O. Box 436389
Louisville, KY 40253-6389
502-489-3533 | Fax: 502-489-3564 | Toll Free: 1-866-489-3533 (Kentucky Only) E-mail: laurie.valentine@kybaptist.org