Use your business to multiply your giving

Only a select group of business owners ever gets to sell a successful company for a sizeable gain. Many of these owners want to give charitably but don’t know that NCF can receive and liquidate gifts of business interest.

Our team can work with you and your advisors to donate an interest in your business before a potential sale. This timing makes all the difference in your charitable impact.

Here are the benefits of giving business interests:

• Maximize charitable impact
• Retain cash by gifting assets from your balance sheet
• Reduce income taxes with a fair market value deduction
• Move more dollars to charity by avoiding capital gains taxes on the gifted portion

The numbers make it clear. On a 10% interest in a $25M LLC, giving the interest before a sale instead of gifting cash afterward could send $490,000 more to charity. Talk with your NCF team to see how this strategy might work for your business.