Donors can support The Shipley School in numerous ways, each of which provides the School with financial support while enabling the donor to realize immediate tax savings and, in some cases, a larger income than before the gift. Recent tax legislation may make one gift vehicle more or less advantageous to you than another. Please call Christopher Farr, Associate Director of External Relations, at 610-581-4650 or email him at cfarr@shipleyschool.org if you would like to discuss any of these options as they relate to Shipley and its objectives. Shipley suggests that final gift decisions be made in consultation with your own financial advisor.

The following are some of the ways of giving to Shipley. You can visit the topic which interests you or scroll through the entire document. Contacts for further information are provided in each section.

Gifts of Cash

Appreciated Securities

Corporate Matching Gifts

Foundation Gifts

Life Income Gifts

Gifts of Real Estate

Other Gifts of Tangible Personal Property

Other Assets

Life Insurance

Online Credit Card Giving

Gifts of Cash
A cash gift entitles the donor to a charitable deduction against income. The deduction is taken in the year in which the cash is given. If the amount of your gift exceeds 50 percent of adjusted gross income, you may carry over the excess of the contribution for up to five years. To make an outright gift, you may make your gift on-line or send a money order or a check payable to The Shipley School to:

The Shipley School
External Relations Office
814 Yarrow Street
Bryn Mawr, PA 19010

Please attach a note indicating the fund to which the gift should be allocated (for example the Annual Giving Fund, the Endowment Fund, a 25th or 50th reunion fund, or a particular Capital Campaign or previously named fund). For further information, please call or email Christopher Farr at 610-581-4650 or cfarr@shipleyschool.org.

Appreciated Securities
A gift of long-term, appreciated securities is advantageous to the donor in two ways: income taxes are reduced because of the charitable donation, and the capital gains tax that would have applied had you sold the shares yourself is avoided. Gifts of appreciated securities may also allow the donor to make a larger gift to Shipley than might have been possible with cash. If you have owned the appreciated securities for more than 12 months, you can claim as an income tax deduction up to 30 percent of your adjusted gross income in the year of the gift. Unused deductions can be applied to as many as five future tax years.

Transfer Instructions:
For securities held in a brokerage account: If your gift is for the Annual Fund please contact Margaret Anne Ritter, Director of Annual Giving, at 610-581-4655 or maritter@shipleyschool.org for transfer instructions. For all other gifts please contact Christopher Farr, Associate Director of External Relations at 610-581-4650 or cfarr@shipleyschool.org. The value of your gift for tax purposes will be the mean value of the securities on the date that the securities leave your account.

For securities in certificate form: Send or deliver an unendorsed stock certificate with a cover letter stating your name, address and the purpose of your gift (Annual Giving, endowed fund, etc.). Under separate cover, send a stock power executed in blank with a copy of the cover letter. The value of your gift for tax purposes will be the mean value of the securities on the postmark date. Send both envelopes to:

The Shipley School
External Relations Office
814 Yarrow Street
Bryn Mawr, PA 19010

Corporate Matching Gifts
You may double or even triple the size of your gift if you are affiliated with a company that matches employee gifts to independent schools. Some companies will also match the gifts of spouses, retirees, and directors. Check with your company's personnel office to see if your company participates in such a program and obtain the appropriate forms from them if they do. Return the completed form to Shipley with your gift. You will receive credit for the entire amount of your personal gift plus the match. For questions about matching gifts please contact Margaret Anne Ritter, Director of Annual Giving at 610-581-4655 or maritter@shipleyschool.org.

View a partial list of participating employers.

Foundation Gifts
Many individuals have access to family foundations through which they can direct support for Shipley. While the Foundation is credited with any gift, the individual responsible for the gift receives name credit in Shipley's Annual Report of Voluntary Support. Contact Christopher Farr at 610-581-4650 or cfarr@shipleyschool.org or Margaret Anne Ritter at 610-581-4655 or maritter@shipleyschool.org for additional information.

Life Income Gifts
A life income gift to Shipley allows you and/or a beneficiary to retain income from the assets donated and take a federal income tax deduction for a portion of the gift value (depending on the terms of the gift), while eliminating capital gains tax on gifts of appreciated securities or real estate. Referred to as Charitable Remainder Trusts or Gift Annuities, life income gifts to Shipley need to be worked out between you, the School, and your financial and legal advisors to assure a giving arrangement that is tailored to your financial or estate plans. Please refer all questions about life income gifts to Chris Farr, Associate Director of External Relations at 610-525-6969 or cfarr@shipleyschool.org. At your request a personal illustration can be prepared that will detail benefits based on specific amounts and the beneficiaries' ages.

Gifts of Real Estate
Since there are potential risks for the School including marketability, environmental concerns, and hazardous waste issues, Shipley will move very carefully in considering whether it can accept a particular gift of real estate. Gifts of real estate can consist of almost any type of property: personal or recreational residence, farm or ranch, commercial building, subdivision lots, undeveloped property, or a fractional interest in the property. The donor of an asset given outright receives a deduction for 100 percent of the current fair market value and avoids capital gains tax on the appreciation. The asset may also serve as the corpus of a trust arrangement, or, in the case of a personal residence, given with the right of lifetime tenancy. In such an arrangement, immediate benefits in the form of a partial charitable deduction are available to you. You may give Shipley a personal residence or farm and continue to use it for your lifetime and/or that of your named beneficiary. You will receive an immediate income tax deduction on a percentage of the full fair market value of the property (determined by a qualified appraisal) at the time of the gift. Since the property is removed from your estate, estate taxes can be avoided. Charitable deductions are determined by a "qualified appraisal" at the time of the gift transfer. For further information, contact Chirs Farr, Associate Director of External Relations at 610-525-6969 or cfarr@shipleyschool.org.

Other Gifts of Tangible Personal Property
In certain circumstances the School will consider accepting gifts of tangible personal property. As with gifts of long-term appreciated securities, you are usually entitled to a charitable deduction for market value of works of art, rare books, stamp, or coin collections, etc. The extent of the allowable deduction for a gift of such property is dependent upon the so-called related use rule. If the property given is related to the exempt purpose of Shipley, then a charitable deduction for the full fair market value of the property is allowed. If, however, it is unrelated to Shipley's exempt purpose, then the deductible amount is limited to cost basis. Note: When the donor is the creator of the contributed tangible asset, the deduction is limited to the actual cost of producing the asset. For further information, contact Christopher Farr at 610-581-4650 or cfarr@shipleyschool.org.

Other Assets
Donors with other types of assets, such as stock options, pension plans, copyrights, and royalties should contact Christopher Farr at 610-581-4650 or cfarr@shipleyschool.org.

Life Insurance
This can be an attractive way to make a substantial deferred gift to Shipley. You may choose to donate a paid-up policy that is no longer needed or create a new policy with Shipley as owner and beneficiary in which case the charitable deduction is for the policy's cash surrender value or net premium paid on the policy, whichever is less. Or you may give a policy that is not fully paid up and take a deduction for the present value of the policy. Any subsequent premium payments will be fully deductible as charitable contributions. Shipley may elect to liquidate life insurance policies, and evaluates each policy on a case-by-case basis. For further information, contact Chris Farr, Associate Director of External Relations at 610-525-6969 or cfarr@shipleyschool.org.

Online Credit Card Giving
Make your gift online. All you need is a credit card. No checkbook. No envelopes. No phonathons. No trip to the post office. Just click, give, relax, and feel great!

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