Ways to Give

You have the power to make a difference

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: 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.

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/support-us or may be called into the Development Office at (808) 246-0233.

Securities 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.

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) 2460233. Crypto Currency

We can accept larger donations in widely recognized and marketable crypto currencies such as Bitcoin and Ethereum.

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 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.

Planned Gifts

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 Development Office at (808) 246-0233 to advise of your gift intentions.

Where You Can Give

There are four basic areas where you can direct your giving: the Voyager Fund, Financial Aid, the Endowment, or Special Project Funds.

Voyager Fund

Unrestricted giving to the Voyager Fund supports our most pressing needs. Success of the Voyager Fund is crucial to limiting tuition increases and is directly applied to the operating budget to support teacher salaries, professional development, course development, classroom instructional materials, facility maintenance, and more.

Financial Aid

A donation to our financial aid fund provides tuition assistance directly to our students and families. Many of the families in our Island School ‘ohana are facing unexpected change and challenges. Currently 53% of our Voyagers receive financial aid. Help us ensure that 100% of our Voyagers can continue their Island School education!

Endowment

Endowment gifts remain intact in perpetuity and are invested to grow and secure the financial future of the school. Endowment earnings create steady streams of income for the school. Named, commemorative endowments can be established for gifts of $10,000 or greater to honor individuals and create legacies for them at Island School.

Restricted Endowments are established to benefit financial assistance or specific program or facility needs that are of interest to you. Earnings are only spent for designated purposes.

Unrestricted Endowments provide income into the future for Island School to be used in areas of greatest need as determined by the Board of Directors.

Special Projects Funds

Gifts may also be restricted for special purposes that meet school needs. From clubs and travel opportunities, to capital improvements, restricted gifts that are not endowed are expended on the designated purpose until fully exhausted.

9 Spring Edition