There are many companies that match their employees’ gifts to independent schools. For example, if a donor gives $1,000 to Moravian Academy, a matching gift company will also give $5,000 to the school and thus the donor is credited with a $2,000 gift. Some companies will even match gifts on a 2:1 or 3:1 ratio. Donors simply need to contact their human resources offices for the appropriate forms and forward them with their gifts to the Development Office for completion.
To find out if your company has a matching gift policy, please enter your employer's name below.
Gifts of Stocks or Bonds
As with publicly traded securities, a gift of stock of a private corporation may allow the donor to avoid capital gains on appreciation of the stock, while attaining a tax deduction based on the stock’s fair market value. The donor may obtain an immediate tax deduction up to 30% of the adjusted gross income. If the gift exceeds 30%, the remainder of the deduction generally can be carried over for up to five years.
Gifts of stocks or bonds, which are or will be readily marketable, may have important added tax-benefits for the donor. The deduction for outright gifts of appreciated long-term securities (held more than 12 months) is equal to the fair market value of the securities on the date the donor relinquishes control of the assets to the school, and none of the appreciation is taxable for capital gains purposes. The school maintains an account for the transfer of securities at Bank of America.
Gifts of Cash/Credit Cards
Personal checks, cash or credit/debit card transactions (American Express, MasterCard or Visa) are the most popular ways to make a gift to Moravian Academy and allow the donor an income tax deduction in the year the gift is made. Checks, made payable to Moravian Academy, can be mailed to 7 East Market Street, Bethlehem, PA 18018, c/o Bob Zaiser, Director of Institutional Advancement.