Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'non-publicly traded securities'

Donations of Non-Publicly Traded Securities: Private Foundations versus Public Charities

December 9th, 2011 · Comments Off on Donations of Non-Publicly Traded Securities: Private Foundations versus Public Charities · charitable contributions, Federal Income Taxes, Private foundations

Donors face a very basic tax question when donating non-publicly traded securities to charity.  Which recipient generates a “better” tax deduction:   a private nonoperating charitable foundation or a public charity?   A public charity would include, for example a church or synagogue. Assume that the security is not held as inventory in the hands […]

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