Welcome
Ways To Give
Cash
Direct cash gifts are the most common form of giving and can be unrestricted or designated for a specific project or program. Gifts of cash may be made outright or used to fund a planned gift (see below) and they are tax deductible to the full extent permitted by law. Checks should be made payable to “The Rashi School.”
Securities / Stocks
Stocks and bonds are, next to cash, the most popular way of making a gift. Gifts of securities can be one of the most advantageous ways of giving. If your gift of stock is one you have owned for more than a year, you may qualify to deduct the full market value of the stock as a charitable contribution, while bypassing capital gains taxes.
For additional information, contact Fran Kantor at 617-969-7300 x 258 or fkantor@rashi.org.
Real Estate
Residences, including vacation homes and farms, can provide a gift that allows the donor to realize a tax deduction, avoid capital gains taxes, retain lifetime occupancy for herself or himself and/or another person, and provide support for Rashi. Contact the Rashi Advancement Office for details.
Endowed Gifts
An endowed fund is established in perpetuity and has a continuing impact on the life of the Rashi School. Endowed funds may be established to provide financial assistance to a deserving student, or help underwrite a faculty member’s professional development, or many other initiatives. Rashi invests endowments carefully to achieve a healthy rate of return that provides for both current needs and long-term growth. If you establish an endowed fund, Rashi will provide you with periodic financial updates and reports.
Planned Gifts and Bequests
A “planned gift” can be created to fulfill a long-desired philanthropic interest and may also allow you to increase your personal income, save on taxes, and make a legacy gift to Rashi that might not otherwise be possible.
Charitable Gift Annuities are a fixed-income plan that pays the donor or another person (or both) a guaranteed annual income for life. The rate of payout is determined by the beneficiary's age.
Charitable Remainder Trusts are flexible financial instruments that enable you to claim a tax deduction the year the gift is made, provide a stream of income you (or a designated individual, such as a spouse, during their lifetime,) and ultimately leave a significant gift to the Rashi School. You may fund a trust with a gift of cash, appreciated securities, real estate, or other non-cash assets.
Life Insurance can be a convenient and cost effective way of making a substantial gift to Rashi. Perhaps you have a paid-up policy with the original reason for purchasing the policy no longer a consideration. Gift opportunities range from naming Rashi as owner and beneficiary of a life insurance policy to using a new life insurance policy to replace assets given to the school. Under the latter arrangement, you may make a significant gift to Rashi and use the tax savings to purchase a life insurance policy. The policy will replace the contributed funds for the future benefit of your family.
A bequest is the result of careful planning for the best philanthropic use of assets that have taken a lifetime of work, care, and stewardship to build or preserve. The bequest may be a specific sum or a percentage of an estate that may provide a very significant gift to the Rashi School for a purpose that you designate.
For more information, contact the Advancement Office at 617-969-7300 x235.
