Methods of Giving
Please provide your relationship or affiliation to the school with your donation. If you are a student, alumni, parent, sibling or other related family member, please provide the student name and class year where possible. The Maplebrook Annual Fund calendar runs from July 1st to June 30th each year.
Cash & Credit Cards
Cash gifts are the most common form of support to Maplebrook. Checks should be made payable to Maplebrook School Foundation and sent directly to 5142 Rte. 22, Amenia, New York. All major credit cards are accepted and may be used for making your contribution to the School. Your gift will be credited the day you give us your credit card number and expiration date. Please contact the School by telephone, mail or e-mail as noted below.
Pledges
Donors who wish to contribute to Maplebrook School, but do not wish to make an immediate payment may make a pledge of support. A pledge is a promise to make a specified payment or payments within a defined period of time. If you would like to make a pledge to the Annual Fund or for another purpose, mail notification of your pledge directly to the Development Office or e-mail your intentions to Development at (e-mail link listed below). Your pledge will be recorded upon receipt. You will receive an acknowledgement of your pledge, and pledge reminders will be mailed to you periodically. All annual fund pledges must be paid by June 30th in order to be credited in the current fund year.
Securities
Gifts of highly appreciated stock or securities benefit the donor and the School. This type of gift is a tax-deductible contribution and the donor may avoid paying capital gains tax on the appreciated stock or security. Stock may be donated electronically via the phone or stock certificates may be signed over to Maplebrook School Inc. Your financial advisor and the Development Office can provide information and assistance for this type of giving. You may transfer gifts of securities into the School's account. Please contact the Business Office at (845)-373-9511, Ext. 221 for the necessary information to make such a transfer.
Please Note: It is extremely important that the donor notify the school when transferring securities into the School's account. Securities cannot be sold until the donor has been identified. Additionally, your name and address are required for tax deduction and acknowledgement purposes.
Corporate Matching Gifts
Many corporations offer matching gift programs to their employees and their families. Matching gift support often doubles or triples your gift, and all matching support is credited to you. Please obtain a matching gift form from your company's human resource office, complete the necessary information, and mail it to the Development Office as noted to the left. We will then certify the receipt of the gift and return the form to your company.
Gifts-in-Kind
Items and collections of value may be contributed directly to Maplebrook. The contribution of these items may provide the donor with a tax deduction when the value of the gift has been clearly determined. Items with an estimated value of $5,000 or more require an appraisal by a qualified appraiser, the cost of the appraisal to be borne by the donor. Items of lesser value do not require an appraisal but written authentication of the value is necessary. Maplebrook and the donor may jointly agree that the donated item or items will remain with the school but, in some instances, the gift will be sold by the school. Maplebrook School welcomes gifts-in-kind, but reserves the right to refuse such gifts.
Memorial and Honor Gifts
Each year Maplebrook receives many gifts in memory of alumni, students, faculty, parents, etc. Gifts may also be made to honor living individuals. These gifts will be printed in the Annual Report and notification of individuals and relatives will be made by the Development Office.
Planned Giving
Planned gifts are sometimes referred to as deferred gifts. Planned giving enables you to arrange charitable contributions in a manner that maximizes your personal objectives while minimizing the after-tax cost. Bequests, gifts of real estate, tangible personal property, and gifts in trust which produce interest income are of great value to the School and may provide many advantages to the donor. You are urged to consult with your tax and legal advisors for a full discussion of the tax implications of particular gift plans.
Bequests
Gifts by will bequest build the School’s endowment and provide a stream of operating income for future years. Charitable bequests may specify a dollar amount or a percentage of your residual estate. In each case, the amount of the gift is excluded from the valuation of your estate for estate tax or inheritance tax purposes.
Life Income Gifts
In making a significant gift to Maplebrook School, you may commit to the gift now but may delay the School’s possession and use of the gift until your death or that of the final beneficiary. Charitable Remainder Unit Trusts and Charitable Annuity Trusts offer the satisfaction of making a gift to Maplebrook while retaining income from the principal for your personal use. These irrevocable trusts qualify for special tax consideration.
Life Insurance
You can name Maplebrook as the primary beneficiary of a life insurance policy. This would enable you to retain ownership of the policy and have access to the policy’s cash value. This type of gift can reduce your estate tax liability.
Should you wish a more immediate tax benefit, you may elect to name Maplebrook as the owner of the policy. This would be an irrevocable assignment of all rights in the insurance policy to Maplebrook. You would be allowed an immediate federal income tax charitable deduction.
Charitable IRA Rollover
IRA ROLLOVER GIFTS ARE BACK:
Popular giving option allows charitable gifts from often overlooked retirement plans with no tax liability
Congress reinstated direct gifts from IRA accounts to non-profits as part of year-end tax bill
If you’re age 70 1/2 or older, you may be able to take advantage of an important incentive for charitable giving this year.
As part of the year-end tax package, Congress re-authorized the provision that allows individuals to make gifts of up to $100,000 per year from their IRA accounts to one or more charities, without incurring income tax on the withdrawal.
This means that you can direct that amount to the Maplebrook School Foundation with no federal income tax liability. The IRA Rollover may provide you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remains in your estate. Please consult your accountant/attorney for further information.
If you’d like to make an IRA rollover gift for 2013, please don’t hesitate to contact Lori Hale at lhale@maplebrookschool.org or 845-373-9511 Ext. 256.
Charitable Lead Trust
This type of trust provides for a gift of payments from the trust property to Maplebrook School for a term of years, after which the property reverts to you or passes to a non-charitable beneficiary designated by you. The charitable lead trust, depending upon the manner in which it is structured, can significantly reduce or even eliminate either the gift or estate tax.
Residence or Farm
You may give a personal residence or farm to Maplebrook School while retaining the right to occupy the residence or operate the farm. This type of gift provides an income-tax charitable deduction that frees up tax dollars into spendable income without causing any disruption to your lifestyle. It also permits you to escape any potential capital-gain tax on the built-in appreciation.
A single-family dwelling, condominium, vacation home, or stock owned by you as a tenant-stockholder in a cooperative housing corporation qualifies as a personal residence if used each year by you.
CONTACT DEVELOPMENT / ADVANCEMENT
To learn more about ways of giving to Maplebrook School
Director of Development/Advancement
Lori Hale
Maplebrook School
5142 Route 22
Amenia, New York 12501
Phone: (845) 373 - 9511 extension 256
Fax: (845) 373 - 7754
E-mail: development@maplebrookschool.org
