Due to technical difficulties, the New York Philharmonic Customer Relations department phone lines are temporarily down. Please email customerservice@nyphil.org and a representative will be happy to contact you.

We apologize for any inconvenience.

The New York Philharmonic

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Closely Held Business Stock

Closely Held Business Stock Diagram

How It Works

  1. You make a gift of your closely held stock to the Philharmonic and get a qualified appraisal to determine its value
  2. You receive a charitable income-tax deduction for the full fair-market value of the stock
  3. The Philharmonic may keep the stock or offer to sell it back to your company

Benefits

  • You receive an income-tax deduction for the fair-market value of stock
  • You pay no capital-gain tax on any appreciation
  • Your company may repurchase the stock, thereby keeping your ownership interest intact
  • The Philharmonic receives a significant gift

More Information

Contact Us

Russell Jones
Director, Major Gifts
212-875-5688
jonesr@nyphil.org

 
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