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Old 06-06-2006, 06:28 PM   #1058
baltassoc
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Join Date: Mar 2003
Location: The City That Reads
Posts: 2,385
Quote:
Originally posted by Sexual Harassment Panda
Well, yes I agree that would make sense to do it that way, if one were a corporation. But I get solicitations all the time and I'm no corporation, and mostly I hand out cold hard ducats. It feels like you're correct, but I was curious about a source to confirm it.
You're not old enough. My university hits up the geezers for gifts of stock pretty hard, because the university won't have to pay the tax that an individual will. My grand uncle (rest in peace) gave a sizable amount of stock in a large car manufacturer that he had accumulated via a profit sharing plan to his alma mater instead of cash for that reason.
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