Gifts of Business Interests

Building Your Business, Building Your Community

Good business decisions can do great things for your community. Foundation For The Carolinas helps business owners like you make a positive impact on your bottom line and on the causes you value most.

By gifting interests in LLCs, limited partnerships or closely held corporations to Community Investments Foundation, a subsidiary of Foundation For The Carolinas, you retain control of your business and can:

  • Increase support for your favorite philanthropic interests
  • Maximize your income tax deduction at 30% of adjusted gross income (AGI)
  • Avoid or reduce capital gains and avoid excise taxes
  • Avoid or reduce future estate tax
  • Leverage business continuity opportunities

Tax efficient and easy to establish, gifts to Community Investments Foundation amplify your investments in business and philanthropy. You have built a successful business. Let us help you build a stronger community.

 

1. Make the Gift
- Due diligence process & gift acceptance
- Income tax deduction maximized

 

 

2. Gift Held & Liquidated
- Capital gains avoided or reduced
- No payout requirement
- Income Tax liability minimized
- Flexible timeline for liquidation

 

3. Achieve Philanthropic Goals
- Proceeds from liquidation transferred to gift fund at FFTC
- Grants distributed by the donor to any qualified nonprofit in the U.S.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For more information, contact the Philanthropic Advancement team at 704.973.4500. Click here to download a printable version of this information.