There are many ways to make a charitable contribution to Rabun Gap-Nacoochee School. Each gift option has potential tax benefits to the donor as the School is a 501(c)3 organization. The summaries below are intended to outline the benefits and details of the various gift forms. This information is not intended to provide specific financial or tax advice to any donor. Individuals should seek advice and counsel from their personal financial advisors.
Gifts of securities are valued at the median price on the date of transfer to Rabun Gap. Capital gains on the amount of appreciation may be avoided, and depending on the donor's personal tax situation, he or she may receive a tax deduction for the full market value of the stock. Click here for stock transfer information. For information on how to make a gift of securities, contact Paige Spivey, Assistant Head of School for Advancement, at 706-746-7467, ext. 7731.
More than 1,000 businesses and companies match donations made by their employees and retirees to independent secondary schools. The process is initiated by the donor, who contacts his or her company's human resources department, or corporate foundation, for the required forms. The value of the matching gift is recognized in the donor's gift record.
Gifts-in-kind are tangible items such as works of art, equipment, books, furniture, antiques, real estate, and similar non-monetary contributions. A gift of tangible property may result in a tax deduction for the donor, with the amount of the deduction determined by whether or not the gift meets the "related use" test. If you have a question about a gift of tangible property, more information is available through the Advancement Office.
Many individuals discover that they can make a substantial gift to Rabun Gap through a bequest provision, a life income gift, or a trust. Paige Spivey, Assistant Head of School for Advancement, 706-746-7467, can provide details about many types of testamentary or life income gifts. There are tax advantages associated with each type of gift and individuals should seek the advice of their own financial advisors before creating or revising an estate plan.
Rabun Gap-Nacoochee School is a private, coeducational day and boarding school for grades Pre-K through 12. Centrally located between Atlanta, GA, Greenville, SC, and Asheville, NC, we prepare young people for college, career, and a lifetime of leadership and service.