Gifts of Cash: The simplest method of giving is a contribution of cash. Tax deduction is taken in the year the gift is made. You can mail a check to the school or donate online now.
Corporate Matching Gift: Some corporations match employee gifts dollar-for dollar, and sometimes by as much as two or three dollars for every dollar given.
Gifts of Stock and Appreciated Securities: Donor avoids capital gains on appreciation of the stock and receives an immediate tax deduction. Or, for gifts of appreciated long-term securities, deduction is equal to the fair market value of the securities on the date the donor relinquishes assets to Saint Anthony High School.
Gifts of Life Insurance: Using life insurance to make a major gift is an option for donors who no longer need policies purchased some years ago. Donors may choose to assign their policies irrevocably to Saint Anthony High School. This method affords the donor an immediate tax deduction in the amount of the policy’s current value. The proceeds are not subject to estate tax.
Gifts by Bequest: Bequests, large or small, contribute to the financial good health of any nonprofit. Bequests reduce the estate tax and preserve more of the asset for the intended beneficiary. The following language is suggested for attorneys:
- I give and bequeath to Saint Anthony High School, a registered, nonprofit high school in Jersey City, New Jersey, located at 175 Eighth Street, Jersey City, New Jersey 07302 the sum of ____ dollars and/or ‘x’ shares of ‘Y’ stock/securities to be used for (1) its general purposes, or (2) a specific program or purpose
Charitable Trusts: Charitable trusts are particularly beneficial for those who hold highly appreciated low yield investments from which a higher return is desired. A tax deduction is allowed at the time the charitable trust is created. The size of the deduction depends on the donor’s age, payment percentage and other factors.
Charitable Lead Trusts: Donors can make a gift by investing in a simple trust. Donors specify the percentage of the total annual value that Saint Anthony High School is to receive. At the end of a designated period, the property is returned to the donor or to the non-charitable beneficiaries the donor had named. Such trusts will allow immediate tax advantages and will allow the corpus to remain in the donor’s family.
In all cases, donors should consult with their tax advisor to determine specific tax advantages and/or the planned giving opportunity which best fits their particular need.
For more information:
Saint Anthony High School Development Office 175 Eighth Street Jersey City, NJ 07302



