Your donation supports Catholic education through student scholarships, innovation and leadership grants for the professional development of elementary school teachers, and other education-based initiatives.
Following are a few tax-efficient ways to give:
• Donate Appreciated Stock: By donating stocks that have increased in value, you avoid paying capital gains tax and can deduct the stock’s fair market value. This allows you to give
more while reducing taxes on your gains.
• Qualified Charitable Distributions (QCDs): If you’re 70½ or older, you can donate up to $105,000 directly from your IRA to a charity. This counts toward your required minimum
distribution but is not included in your taxable income, helping you lower your tax burden.
• Donor-Advised Funds: Contributing to a donor-advised fund allows you to take an immediate tax deduction while giving to charities over time, offering flexibility and financial
benefits.
Please consult your tax advisor for your specific situation. Generally, using these tax-smart strategies, you can maximize
the impact of your donations and your tax savings!
Your gift is an investment in the future of Catholic education. Through your generosity, you help transform lives and help build strong communities. Join us today and your tax-deductible gift will provide a scholarship to a student in need. Transforming lives and building strong communities truly begins with you.
Make Checks Payable to:
Foundations in Education
Mail to:
Foundations in Education
238 Jewett Avenue
Bridgeport, CT 06606
Gifts of stocks and mutual funds are an extremely tax-efficient gifting option.
A gift of highly-appreciated securities offers you two-fold tax savings by avoiding the capital gains tax you’d owe if you sold the stock and then made the gift.
Making a gift of appreciated stock allows you to take an income tax deduction for the full fair market value of the stock at the time of the gift, regardless of how much you paid for the shares when you bought them. (Stock should be owned for more than one year to qualify for the tax advantages.)
Gifts of long-term capital gain stock are deductible up to a maximum of 30% of your adjusted gross income.
Please consult your tax advisor for specifics.
Download our Stock Transfer forms.
If you wish to make an ACH or wire transfer, kindly contact Holly at 203.416.1642.
One of the most effective ways you can ensure that our youth continue to receive a high quality, value-based Catholic education for the long term is by leaving a bequest in your will. While often thought of as a “planned gift”, it is much more than that. You can leave a lasting legacy and help Foundations in Education support students, families and schools well into the future.
If you are “willing” to commit, it is important that you take action now to ensure a lasting legacy to the organizations you care about most, and we hope you will consider including Foundations in Education in your will. It is simple to do. Talk with your family and financial advisors, and then let us know of your intent. Please contact Holly Doherty-Lemoine at holly@foundationsineducation.org.
A Donor Advised Fund (DAF) is a strategic way to give that makes it easy for you to support Foundations in Education’s programs including tuition assistance for low-income students and innovation and leadership grants for teachers. It’s a convenient, flexible, and cost-effective way to manage your charitable giving.
Your support will go to work right away to help provide an excellent Catholic education and transform the lives of students or to support innovation and leadership in the classroom.
How to recommend a gift/grant to Foundations in Education
You may also designate Foundations in Education as a beneficiary for your Donor Advised Fund.
Foundations in Education receives direct ACH transfers from many DAF sponsors.
Alternatively, your DAF sponsor may mail your grant directly to us.
Make Checks Payable to: Foundations in Education
Mailing Instructions:
Foundations in Education
238 Jewett Avenue
Bridgeport, CT 06606
For more information, contact Holly Doherty-Lemoine at holly@foundationsineducation.org.
Qualified Charitable Distributions (QCDs), also known as IRA Charitable Rollovers, allow individuals age 70.5 or older to use their IRAs to maximize their charitable impact.
A QCD can help you reach your Required Minimum Distribution (RMD) without having to pay income taxes on the amount of your donation. You save on your taxes and help Foundations in Education.
The Qualified Charitable Distribution is an excellent way to show your support for Foundations in Education and receive tax benefits in return. Whether you are planning your required minimum distribution (RMD) or seeking a new vehicle for giving, consider making a gift from your qualified IRA to make the most of your charitable giving.
It’s important to consult with your financial advisor and consider your unique tax situation before deciding whether to make a charitable contribution from your IRA.
To Qualify
Tax Benefits
If you wish to learn more, please contact Holly Doherty-Lemoine at holly@foundationsineducation.org.
