A gift of appreciated stock generally offers a two-fold tax saving: avoiding capital gains tax on the increase in value of the stock and providing an income tax deduction for the full market value of the stock at the time of the gift. Gifts of stock are valued at the median price on the date of transfer to The Cathedral School. To donate appreciated securities please download the Stock Transfer Form here, fill it out, scan it, and send it to Daniel Hrdlickaat email@example.com.
If you have a Vanguard Account and would like to donate Vanguard mutual fund shares, please contact Daniel Hrdlicka at firstname.lastname@example.org for further instructions.
Matching Corporate Gifts
Many employers will match employees’ donations. This opportunity presents an additional source of income for The Cathedral School and an easy way to leverage your gift into a larger donation. To find out if your company participates in a matching gift program, check with your Human Resources Department or log on to www.matchinggifts.com/cathedralnyc.
Donors must initiate the Matching Gift process, so be sure to secure the proper forms to forward with your gift to the school. Donors to Cathedral are given credit for both their original gift and any matching gift they secure.
Items such as computers, software, professional services, and athletic equipment that provide operational savings and meet specific needs may be donated to The Cathedral School. The school does not assign a dollar value to gifts-in-kind.
Donors may consider giving through such means as life insurance, bequests, or charitable trusts. Gift planning can be a way to reduce or avoid estate and inheritance taxes. We encourage you to speak with your financial planned when considering any type of planned gift.
The school is pleased to provide you, your attorney, accountant, or tax advisor with additional information and assistance. Keep in mind that this information is general in nature. Always contact your professional tax advisor to learn how this general information relates to your individual circumstances. We are most grateful for your philanthropic support.
The Cathedral School gladly accepts and facilitates wire transfers. For more information, please contact Daniel Hrdlicka, Annual Giving Manager, at 212-316-7568 or email@example.com.
Please note that the Coronavirus Aid, Relief and Economic Security (CARES) Act has introduced new opportunities for charitable contributions to nonprofit institutions. The CARES rule allows donors who itemize deductions to deduct 100% of cash charitable gifts in 2020 (up to the full amount of your 2020 adjusted gross income). For individuals who take the standard deduction (rather than itemizing), the bill makes a new deduction available as well; up to $300 in annual charitable contributions (cash or stock) may be directly subtracted from your gross income.
The school is pleased to provide you, your attorney, accountant, or tax advisor with additional information and assistance. Keep in mind that this information is general in nature. Always contact your professional tax advisor to learn how this general information relates to your individual circumstances.
We are most grateful for your philanthropic support.
1047 Amsterdam Avenue | New York, NY 10025 | P: 212-316-7500 | F: 212-316-7558