MAKE A DIFFERENCE at Island School How You Can Give
There are many ways to give to Island School. Gifts fall into two main categories: Outright Giving and Planned Giving.
Outright Gifts
The majority of gifts to Island School are made in cash, or cash equivalents, as outright gifts to meet the school’s immediate financial needs. The following gifts can be donated outright or incorporated into an estate plan: Cash or cash equivalents: Transactions are simple and afford immediate and direct tax benefits. Cash, checks, and credit card gifts may be sent to the school. Credit cards may be used for quick and convenient online giving at www. ischool.org/giving or may be called into the Institutional Advancement Office at (808) 246-0233. Securities: Gifts of appreciated securities or bonds allow you to make donations to the school with tax benefits that include market value tax deductions and avoidance of capital gains’ liabilities. For transfer instructions, call the Business Office at (808) 246-0233. Matching Gifts: Many companies support their employees donations by matching the funds donated to charities of an employee’s choosing. Please check with your company to see if there is a matching program that can increase the impact of your gift. Tribute Gifts: Gifts may be made in honor or memory of a family member, alumni, classmate, teacher or 6 Voyager
loved one. Gifts are sometimes made to recognize life’s milestones such as weddings, birthdays, or graduations. Providing the school with contact information for the person or family to whom you’ve chosen to pay tribute will allow Island School to send an advisory note of your gift. Life Insurance Policies: Paid-up whole life insurance policies that you may no longer need can offer an immediate tax deduction for you while providing significant benefit to the school. Your gift credit would be the cash surrender value of the policy upon transfer. Gifts In-Kind: These gifts include property, other than cash or securities, ranging from real estate to classroom supplies. Donors are required to determine the fair market value of their donation for tax purposes. Island School will issue an acknowledgment letter with a description of the donated property and recognize donors without referencing a specific dollar amount.
Planned Gifts
Planned giving offers you the opportunity to leave a legacy at the school while protecting your financial future. Planned giving can offer sizable tax benefits and can also provide income relief to help you now or help your heirs in the future. Planned gifts often allow you to make larger gifts to the school than would otherwise be possible, adding to Island School’s long-term financial strength and meeting your philanthropic goal. Gifts could be made during your lifetime or through estate planning and can range from a simple bequest to a deferred or gift annuity. Your donation can also be designated through a charitable remainder trust or lead trust naming the school as a beneficiary. Please contact your legal and tax advisors to begin your planning. Once you have decided to include Island School in your estate plans, please call the Institutional Advancement Office at (808) 246-0233 to advise of your gift intentions.
