Ways of Giving
• Annual Fund
• Checks, cash, credit cards, pledges
• Matching Gifts
• Memorial Gifts/Gifts in Honor
• Gifts of securities/appreciated property
(stocks, bonds, mutual fund shares, insurance policies)
• Gifts of real estate
• Estate and Planned Gifts
Checks, cash, credit cards, and pledges
If you decide to make a cash or check gift to The School, you will receive a charitable contribution deduction for income tax purposes in the year that you make the gift.
Mail gifts to:
The Child School/Legacy High School
Attn: Development Department
587 Main Street
Roosevelt Island, NY 10044
Fax: (212) 223-5031
To make a credit card donation over the phone, call us directly at (212) 223-5055 and ask to speak to the Development Department.
Yearly pledges can be made with payments made in small monthly installments. Many banks will now set up an automatic transfer making this option even easier. To give a gift in this way, please call us directly at (212) 223-5055 and ask to speak to the Development Department.
Matching Gifts
Ask your employer’s human resources department whether your employer has a Matching Charitable Gifts program. A matching gift occurs when an employer matches the employee’s charitable contribution. Often these benefits are extended to retired employees as well. The employee should get a matching gift form from the employer’s human resources department. The School certifies on the form that it has received the gift and meets the employer’s guidelines for receiving a matching gift. The School then returns the form to the employer. The employer verifies eligibility of the employee and sends a check to The School matching the employee’s contribution deduction.
Honorary & Memorial Gifts
A gift to The Child School is a wonderful way to recognize someone of importance in your life. By making an honorary and a memorial gift, you honor a family member or friend by supporting The School’s academic advancement of students.
• Recognition
• Retirement
• Personal Memorial
• Birthday
• Graduation Celebration
• Holiday
• Anniversary
• Congratulations
Gifts of stocks, bonds, mutual fund shares, insurance policies
The Child School accepts gifts of appreciated property, such as stocks, bonds, mutual fund shares, real estate and insurance policies. You can receive a charitable contribution deduction for income tax purposes for the full fair market value of the stock at the time of transfer. To give a gift in this way, please call us directly at (212) 223-5055 and ask to speak to the Development Department.
Gifts of Real Estate
One of the important benefits of donating real estate property to a charity is that unrealized capital gains won’t be taxed and that the value of the property along with any future appreciation is excluded from your taxable estate.
By making a contribution to The School you can deduct the full fair market value of the donated property. Your gift is usually effective when a properly executed and notarized deed, suitable for recording, is delivered. The amount of your deduction for a gift of real estate (if it is more than $5,000) must be substantiated by a qualified appraisal of its fair market value.
Bequest of Real Estate Property
You may also want to consider transferring a real estate property to The School through your will. Because the transfer becomes effective upon your death, you will not be able to take an income tax deduction upon including the transfer in your testamentary disposition. However, your estate will receive an unlimited estate tax charitable contribution deduction. If you wish, you can provide in your will that another person shall have the right to use the property for his or her lifetime before its unrestricted ownership passes to The School. Alternatively, you can bequeath full title to an individual if that person survives you, with The School as the contingent recipient.
For a more detailed discussion of these planning strategies see the Smith Barney’s Charitable Plan Guide.
