Gifts to Princeton Montessori Society can be made in a variety of ways. All gifts provide immediate benefits to the School and are tax deductible to the full extent of the law.
Annual “Wants-n-Wishes” Telethon
Help us kick off this year’s Annual Campaign! Tuesday, December 1, 2015 • 7:30 – 9:00 PM
Call 609-924-4594 or donate online
Gifts of Cash
A cash gift entitles the donor to an income cash deduction in the year in which the gift is made. Please make checks payable to Princeton Montessori Society. Pledge envelopes are available from the Main Office. Mail to: Princeton Montessori School, 487 Cherry Valley Road, Princeton, NJ 08540, Attn: Development Office
Gifts of Securities
Princeton Montessori Society will accept a gift of marketable securities in any amount. Appreciable tax savings may be realized by making your gift via stocks or other capital assets. If you donate appreciated, marketable securities that you have owned for more than a year and one day, you may receive a charitable deduction for the full market value on the date of transfer. Neither you nor Princeton Montessori Society will be required to pay any capital gains tax on this type of gift. If you have securities that have decreased in value, you may be able to take a deductible loss when you sell the stocks and donate the proceeds.
To donate securities, please instruct your broker to hold the stock for Princeton Montessori Society and contact the school’s business office for further instructions. The School will give you credit for the value of the securities on the date of the gift. For more details on making a gift of stock or securities, please contact Kathy Marmion at firstname.lastname@example.org or 609-924-4594 x239.
Corporate Matching Gifts
Does your (or your spouse’s) employer have a matching gifts program? You may be able to double your gift by taking advantage of your or your spouse’s corporate matching gift program. Check with the Human Resource Department of your employer or contact at email@example.com or 609-924-4594 x239 to find out if your company participates in a Matching Gifts program.
Planned Giving is an effective and mutually beneficial way of giving to Princeton Montessori Society. By making a planned gift, you assist Princeton Montessori Society in its mission, while enjoying the benefits of capital gains tax savings, increased income, and income tax savings. A planned gift is one way of giving to Princeton Montessori School in the future, while realizing financial benefits today.
There are a number of options for planned giving:
Bequests are charitable gifts made through wills. A gift by bequest removes assets from the donor’s taxable estate, potentially placing that estate in a lower tax bracket. Unlike charitable income tax deductions, there are no percentage limitations on gifts by bequest. A gift by bequest may be incorporated into a will when it is written or added to an existing will as a codicil. Providing this type of benefit to Princeton Montessori Society is simple by including the following language in your will or other bequest:
“I give Princeton Montessori Society the sum of $______ (or a description of the specific asset), for the benefit of the Society and in furtherance of its mission.”
Gifts of Residual Interest refer to an arrangement under which property is deeded to Princeton Montessori Society, but the donor retains use of her/his property for life or a term of years.
Benefits from IRA’s and Pension Funds Your estate could save both income taxes and estate taxes if you designate Princeton Montessori Society as a beneficiary of all or part of your individual retirement account or other retirement savings plan. You may also arrange for lifetime income to be paid to a family member after your death, with the school’s benefit coming later. You could eliminate estate taxes on the designated amount.
Gifts of Insurance offer a number of possibilities. A life insurance policy may be contributed to Princeton Montessori Society by transferring ownership of an existing policy to Princeton Montessori Society, naming Princeton Montessori Society as beneficiary of an existing policy, or purchasing a new policy naming Princeton Montessori Society as owner and beneficiary.
Charitable Gift Annuities allow the donor to secure a guaranteed income for life while supporting Princeton Montessori Society. The size of the annuity payments will depend upon the age at the time of the contribution. A sizable portion of the annuity income will be paid out tax-free.
Charitable Remainder Trusts allow Princeton Montessori Society to be named as the beneficiary of the trust. There are several tax advantages to such a gift, including a tax receipt at the time the gift is made.
Each of these charitable giving methods should be undertaken in consultation with a Certified Financial Planner to make sure that they are appropriate for the donor’s unique situation