Cash or check
mail to: The Development Office, Staten Island
Academy, 715 Todt Hill Road, Staten Island, NY 10304
Online
Gifts of cash, through checks and credit cards, benefit the Academy
for the current academic year and provide tax benefits in the year of
your gift.
Securities
A gift of securities may offer a substantial tax savings by transferring appreciated stock or property. By making an appreciated security gift to the school, donors may completely avoid paying capital gains tax and receive a tax deduction for the gift’s full market value. For information regarding making a gift of securities to Staten Island Academy, please contact Gerry Tannucilli in the Development Office at 718-303-7812 or gtannucilli@statenislandacademy.org.
The Dongan Hall Society
Members of the Dongan Hall Society have remembered the Academy through
a will, bequest, or gift of property. These planned gifts provide a
legacy that ensures the school’s future. Planned gifts reduce estate
taxes, and in the case of a property gift, allow the donor lifetime
use.
Endowment Gifts
Endowment income supports the Academy’s mission. Endowments are permanent. Endowment fund principal is preserved, a portion of the
annual earnings is reinvested, and the remaining earnings support
the school’s programs. An endowment gift increases over time and lasts
forever.
Charitable Gift Annuities
Charitable Gift Annuities benefit the Academy while paying the donor a
fixed annual income for life. Donors receive a charitable deduction
and full credit for the fair market value of the gift on the date
made.
Charitable Remainder Trusts
These trusts are individually designed to pay beneficiaries either
fixed or variable income payments for life or a designated number of
years. If funded with appreciated securities, the donor pays no
capital gains tax, and s/he also receives a charitable deduction based
on the size and length of the trust.
The information contained on this website is not meant to replace the
professional advice of your tax planner, accountant or attorney.
Please consult your tax advisor for information specific to you and
your family.
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