Ways to Give
There are many opportunities to give financial resources to Lawrence Academy. Whether making a gift to the Annual Fund, the Senior Parent Capital Gift, or a capital project, the support you provide is valuable in many different ways. The focus of the most recent Breaking New Ground campaign was on capital building projects, increasing the endowment for financial aid and faculty support, and, of course, on strengthening the ongoing base of support to the Annual Fund. Most of the giving methods listed below have specific advantages to both the donors and to the school.
- Pledges — You may wish to make a pledge to the Annual Fund and spread the payments over two tax years. Extending payments over time may enable you to make a larger contribution than would be possible in just one year.
- Cash — Gifts of cash are fully deductible—up to a maximum of 50% of your adjusted gross income. For example, if your adjusted gross income is $50,000, up to $25,000 of charitable gifts may be deducted. Any excess can typically be carried forward and deducted over as many as five subsequent years.
- Stock — If you own stock, it is almost always more tax wise to contribute stock as cash. Donors who give appreciated securities, which have been held for one year or more, receive a charitable deduction for the current value of the securities without incurring any capital gains tax. If you wish to make a gift of stock to Lawrence Academy, you should direct your broker to deliever the stock to DTC #5198 for further credit to the gift account of Lawrence Academy, Merrill Lynch #818-04B03. It is important that you notify Chris Margraf (978-448-1585) or Geoff Harlan (978-448-1566) at the time of transmission of the gift to convey your intentions and details of the transfer.
- Planned Giving Opportunities - Gifts That Give Back - Please call 978-448-1565 for information.