Gifts of cash are certainly the easiest and most popular. Make sure the check is dated by December 31st, which guarantees that the gift is deductible this year.
★ This can be a fully deductible gift.
Whether you give cash or securities, some employers have Matching Gifts programs which increase the value of your gift to the School, although they do not increase your charitable deduction. Complete and return your company’s matching gift form with your check.
A gift of appreciated securities can bring the donor greater tax savings than gifts of cash by offering the donor two significant advantages:
★ The gift must be postmarked by December 31st, or your broker can arrange for a gift of stock from your account by that date.
★ Gifts of appreciated securities arefully deductible up to generally a maximum of 30% of your adjusted gross income.
Anything more can usually be carried forward and deducted over a maximum of five subsequent years, subject to certain limitations.
Whether you give cash or securities, some employers have Matching Gifts programs which increase the value of your gift to the School, although they do not increase your charitable deduction. Complete and return your company’s matching gift form with your check.
The end of the year may be a time when you wish to make your donation(s) in someone else’s name. Gifts may be pledged in memory of an individual who has passed away or specified to honor a member of your family or the School’s family.
Including the School in your will is an effective way to make a gift which might not be possible during your lifetime. A bequest is a gift of property made through a donor’s will and is the simplest and most common form of planned gift. The advantages of making a gift through a bequest are that the donor does not have to part with any property until after death. Gift and estate taxes are reduced or avoided.
★ Distribution can be made either as a specific dollar amount or as a percentage of the estate.
A life insurance policy is a good way to make a gift which will provide significant results at a future date. Premium payments are full tax deductible.
★ In order to deduct the premium, the School must be designated as both owner and beneficiary of the policy.
We will provide substantiation asrequired by the IRS for cash and non-cash gifts of $250 or more.
NAME__________________________________________________________________________________
ADDRESS_______________________________________________________________________________
CITY,STATE,ZIP_________________________________________________________________________
PHONE_________________________________________________________________________________
Email Address____________________________________________________________________________
Amount of Donation__________________________________
SIGNATURE ______________________________________________________________________________