WAYS OF GIVING TO THE WATERFORD SCHOOL
| There are many ways to make a charitable contribution to The Waterford School and each type of gift has potential tax benefits to the donor who itemizes deductions. The descriptions below are intended to inform of the different options available. This information is not intended to provide specific financial or tax advice. Individuals should seek advice from their personal financial advisors. |
|
| The majority of gifts to Waterford are cash contributions, for which donors may receive tax benefits. Cash gifts may be put to immediate use by the school for programs, endowment and projects. Gifts may be made by cash, check, charge card, monthly payment plans utilizing Electronic Fund Transfers or through Waterford’s secure website. |
|
| Many donors may realize substantial tax advantages by transferring gifts of appreciated stock to the school. Gifts of securities are valued at the median price on the date of transfer to Waterford. Capital gains on the amount of appreciation may be avoided and, depending on the donor’s personal tax situation, he or she may receive a tax deduction for the full market value of the stock. For details on how to make a gift of securities to Waterford, please contact the Development Office. |
|
| More than one thousand companies match donations made by their employees to independent secondary schools. The matching gift process is initiated by the donor by contacting his or her company’s human resources department or corporate foundation for program information and required forms. Matching gifts allow donors to double and sometimes triple the value of their gift to Waterford. |
|
| A gift of tangible property to Waterford may result in a tax deduction for the donor, with the amount of the deduction determined by whether or not the gift meets the “related use” test. Gifts-in-kind are items such as works of art, equipment, furniture, antiques, real estate and similar non-monetary contributions. |
|
| Deferred Gifts and Bequests |
|
| Many individuals discover that they can make a substantial gift to Waterford through a bequest provision, a life income gift or a trust. The Development Office can provide details about the planned giving vehicles that are available. There are tax advantages associated with each type of gift and individuals should seek the advice of their own financial advisory before creating or revising an estate plan. |
