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Donations of cash or in-kind gifts
Donations of cash or in-kind gifts to the Lincoln-Way High School District 210 Foundation for Educational Excellence make a difference in the lives of Lincoln-Way students throughout our District. Gifts of cash are fully deductible up to a maximum of 50% of your adjusted gross income. Consult your professional tax advisor or accountant for specific details. Click here to donate Cash
Gifts of Stock
Gifts of Stock are almost always more tax-wise to contribute stock rather than cash. A gift of appreciated stock generally offers a two-fold tax savings with regard to capital gains and a charitable tax deduction for the full fair market value of the stock at the time of the gift. Make sure you have owned stock for more than one year in order to qualify for significant tax advantages. Your stock broker or trust officer can arrange for a year-end gift of stock from your account.
Gifts of appreciated stock are tax deductible. Consult your professional tax advisor or accountant for specific details. Click here to donate Stock
Gifts of Real Estate:
Gifts of Real Estate of a residence, vacation home, farm, acreage, or vacant lot may allow you to avoid capital gains tax, and at the same time, receive a charitable deduction for the full fair market value of your property. Consult your professional tax advisor or accountant for specific details. Click here to donate Real Estate
Gifts of Life Insurance
Gifts of Life Insurance can provide a significant charitable deduction. You could purchase a new policy or donate a policy that you currently own but no longer need. To receive a deduction, designate the Lincoln-Way High School District 210 Foundation as both the owner and beneficiary of the life insurance policy. Check with your insurance agent for the details. Click here to donate Life Insurance
Lincoln-Way High School District 210 Foundation for Educational Excellence can be named a beneficiary in your will in any one of a number of simple ways. An outright gift, either a designated dollar amount or percentage of your estate, could be specified. Lincoln-Way Foundation could also be named as a remainder beneficiary to receive funds only after specific sums have been paid to individual beneficiaries. Click here to name the Lincoln-Way Foundation as a beneficiary
Not all of the available methods of giving could be included on this site, and not all of the tax ramifications of each form of gift could be explained. Check with your accountant or professional tax advisors for additional information on how these general rules apply to your situation.
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