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Ways of Giving
Making a gift is a wonderful way to show your generous support for The Hewitt School. Donating to the Annual Fund creates new opportunities for Hewitt students.
Gifts can be made in a variety of ways. Please select the one that best suits your needs.
Gifts of Cash |
Matching Gifts | Life
Income Gifts | Gifts of Tangible Property/Gifts-in-Kind
| More Information
Gifts of Cash
By far the easiest form of donation, a cash gift entitles you to a charitable
deduction against your income in the same year it is made. Cash gifts are
accepted as one time contributions toward the Annual Fund, and over several
years as a pledge toward the Capital Campaign. And, if the amount you choose to
donate exceeds 50% of your gross income, you may carry the excess of your
contribution for as many as five years.
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Matching Gifts
Many companies today will match donations toward independent schools if they
are initiated by their employees. Consult your current employer and see if they
will help you double or triple your gift.
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Gifts of Appreciated Securities
Giving the gift of securities entitles you to several benefits. First, the charitable deduction equal to the fair market value of securities (and none of the appreciation in the security) is taxable to the donor. Secondly, your federal income tax deduction is limited to 30% of your adjusted gross income for the year you make the gift. However, you may carry forward any excess amount as a charitable contribution for up to five years, subject to the 30% rule.
Donations of this type can be electronically transferred to Hewitt’s Seaport Securities account. Please contact the development office if you are interested in transferring securities.
Stock Transfer Instructions
Broker Name: Seaport Securities
Seaport’s DTC #: 0158
Official Account Name: The Hewitt School
Account Number: 500-27565-17
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Life Income Gifts
A life income gift has its own set of advantages. This type of gift will allow
you and/or your beneficiary to retain income from the assets donated, as well
as take a federal income tax deduction for a portion of the value (depending on
the terms of the gift), while also eliminating the capital gains tax on gifts
of appreciated securities or real estate. Charitable remainder trusts, gift
annuities and other life income gifts must be arranged between you, the school
and your legal and financial advisors to ensure an arrangement that is tailored
to your financial circumstances.
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Gifts of Tangible Property/Gifts-in-Kind
This gift can take many forms and in most cases provides a deduction equal to
the fair market value of the property. If you have an item you no longer have
use for, and believe it would be useful to us, please consider this type of
gift. If the donation is accepted and used by the Hewitt School in the
educational process, you are entitled to a deduction equal to the full fair
market value. However, if the donation is not used in our educational programs,
your charitable deduction will be limited to your cost basis in the property.
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For more information about making a gift, please contact:
Alexandra M. Eising
Director of Development
The Hewitt School
45 East 75th Street
New York, NY 10021
Phone: (212) 994-2553
Fax: (212) 439-9099
Email:AEising@hewittschool.org
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