Your Support Makes The Difference
In addition to enhancing our annual fund, donations from alumni, parents, and friends of the school make our long-term goals and planned capital advancements possible. Your gift is an investment in the founding mission of Trevose Day School: to guide young minds toward a life of intellectual creativity, social responsibility and mutual respect.
Gifts can be made in a number of ways (outlined below) and are all tax deductible. To decide which charitable giving option is best for you, we suggest you consult with a certified financial planner. If you have any questions, please do not hesitate to call our school office.
Gifts of Cash
A gift to Trevose Day School in the form of cash entitles a donor to the most generous federal income tax deduction for charitable donations. Up to 50% of your adjusted gross income may be deducted for gifts of cash and apply to the year in which the gift is made; any amount over that 50% may be carried forward for up to five additional years. To make a cash donation, please make your check(s) payable to Trevose Day School and mail to the address below. Pledge envelopes are available from our school office.
Mail to: Trevose Day School
Attn: Development Office 4951 Central Ave. Trevose, PA 19053
Gifts of Marketable Securities
A gift of marketable securities that you have held for more than one year is typically the most economic way to give. The donor will be eligible to take a federal income tax deduction equal to the fair market value of the stock or other capital asset on the date of the transfer. With this donation method, capital gains tax would not apply for the donor or the school. Donors may also be eligible for a deductible loss if they donate to the School the proceeds from the sale of any depreciated securities.To make a stock gift, please contact us at email@example.com or 215-355-4373. You will need to indicate the name of the stock and number of shares you are gifting to the school. Please supply the broker handling the transfer with the following information:
- DTC Number
- Account Number
Corporate Matching Gifts
Many companies and foundations offer matching gift programs to their employees, retirees, board members, and/or their families. You can double or triple your gift if you, your spouse, or your partner work for a company with a matching gift program. Please inquire with your employer’s Human Resources Department or contact our school office at firstname.lastname@example.org or 215-355-4373 for more information.
Planned Giving can be an attractive option for those wishing to invest in the long-term future of Trevose Day School, while at the same time realizing the immediate personal financial benefits of capital gains tax savings, increased income, and income tax savings.
There are a variety of ways to contribute by Planned Giving. To decide which option is best for you, we suggest you consult with a certified financial planner. If you have any questions, please do not hesitate to call our school office.
Planned Giving Options
Bequests are charitable gifts assigned through wills. This type of gift decreases a donor’s taxable estate, which may situate it within a lower tax bracket. In order to give a gift to our school by bequest, simply include the following in your will:
“I give Trevose Day School the sum of $_____(or a description of the specific asset) for the benefit and advancement of the School.”
Residual Interest Gifts are gifts of personal property (private real estate, art work, books, musical instruments, and other tangible assets) in which the donor retains the right to remain in and/or maintain the property for life while receiving an immediate income tax charitable deduction.
Gifts from IRA’s and Pension Funds can entitle a donor to savings in both income and estate taxes if Trevose Day School is designated as a full or partial beneficiary. For this type of gift, the School can also be a secondary beneficiary, with the lifetime income first being paid to a family member at the time of the donor’s passing.
Insurance Gifts can be given in a number of ways. With an existing life insurance policy, a donor can either transfer ownership to Trevose Day School or name the School as a beneficiary. Alternatively, a donor can purchase a new policy designating Trevose Day School as the owner and beneficiary.
Charitable Remainder Trusts are gifts made by irrevocably transferring assets (money, securities, bonds, or mutual funds) into a trust that names the interest income beneficiary (the donor or another chosen individual), and names Trevose Day School as the remainder beneficiary. Among other tax benefits, the donor receives a receipt based on the net present value of the remainder interest when the gift is made.