Outright Gifts

Gifts of Closely Held Stock

        If you are a business owner and you contribute closely held stock, you may
take a charitable deduction for the stock's appraised fair market value.  Besides
increasing your cash flow, you also avoid the potential capital gains tax on the
appreciated value of the stock.

        For record purposes, the date of a gift of closely held stock is considered to
be the date the stock is transferred.

Advantages:
* Opportunity to make a substantial gift to the Church
* Charitable income tax deduction
* Avoid capital gains taxes
* Positive impact on cash flow
* Estate tax and probate savings
* Excellent estate planning opportunity for yourself and your heirs