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Gwynne Shotwell pledges $300 million to Trump Accounts

Original: Gwynne Shotwell’s $300M Trump Accounts pledge shows tax-smart way to donate own company’s stock

SpaceX president Gwynne Shotwell has pledged $300 million to Trump Accounts, the new investment accounts for children created under recent US legislation. Commentary is focusing not just on the size of the gift but on its structure: donating stock from her own company, a move described as a tax-smart way to give that lets appreciated shares avoid capital gains while qualifying for deductions.

Why now: The pledge is being discussed as both a major philanthropic gift and a template for tax-efficient stock donations.

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Evidence

• Gwynne Shotwell’s $300M Trump Accounts pledge shows tax-smart way to donate own company’s stock · Fortune

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