Ways to Give


Performing a Shakespeare play is a Grade 6 capstone experience 

There are many giving options available to Forsyth’s donors. By carefully planning your gift, you can enjoy the satisfaction during your lifetime and receive substantial tax savings. Planning your gift to Forsyth may also enable you to make a larger gift than you thought was possible.

Forsyth School is a 501 (c)(3) tax exempt organization. Our Federal Tax ID number, also known as an Employer Identification Number (EIN), is 43-0829718.

>> Forsyth School Gift Acceptance Policy

The information contained herein is not intended as legal, professional or tax advice. Please consult with your attorney, accountant or tax advisor to determine which options are appropriate for your personal and financial situation.

For more information, contact Erica Axelbaum, Director of Development, 314.726.4542, x1227.

CASH OR CREDIT

Gifts of cash are the easiest and most popular. Make sure your check (and envelope, if mailed) are dated or postmarked by December 31. This will assure that your gift is tax deductible in that year although Forsyth may not receive it until early the following year. The limit on fully deductible cash gifts is a maximum of 50% of your adjusted gross income. Anything more can usually be carried forward and deducted over a maximum of five subsequent years.

Click here to make a gift using a credit card online.

Make your check payable to Forsyth School and drop it off or mail it to:
Forsyth School
6235 Wydown Boulevard
St. Louis, MO 63105

PLEDGES

Rather than making a cash gift, you may wish to pledge your contribution over time. The pledge period for your gift will depend on the type and amount of your commitment. For example, the pledge period for an annual gift spans the school year while capital gifts are typically paid over three to five years. The Development Office will send pledge reminders.

Click here to make your pledge

MATCHING GIFTS

Many companies will match their employees’ (sometimes even retired employees’) charitable contributions. You can increase, even double, your gift through a matching gift program. Simply enclose your company’s matching gift form along with your check. Gift recognition is calculated on the basis of your gift plus the match. Please note that matching gifts do not increase your charitable deduction.

To find out if your employer has a matching gift program, contact Director of Development Erica Axelbaum, 314.726.4542 x1227.

APPRECIATED SECURITIES

A gift of appreciated securities gives you greater tax savings than gifts of cash and offers you two significant advantages:

  1. Avoid paying capital gains on the increased value of the stock;
  2. Receive a charitable deduction for the full fair market value of the stock when the gift is made.

In order to do this, your stock generally must have been held long-term (more than one year). Your gift must be transferred by December 31. Gifts of appreciated securities are fully deductible up to a maximum of 30% of your adjusted gross income. Anything more can usually be carried forward and deducted over a maximum of five subsequent years.

Please call Erica Axelbaum, 314.726.4542, x1227, for instructions for gifting certificates of stock that you hold or for electronic transfer of stocks from your broker or financial institution. When donating stock, notify Erica Axelbaum in advance because most stock transfers contain little or no information about the donor. This notification will allow us to process your gift promptly and provide you the proper receipts for your tax records.


Transfer Securities Held By Your Broker or Financial Institution

DTC Number 0226

Forsyth Capital Account 674-444545

Fidelity Investments

PO Box 770002

Cincinnati, OH 45227-0075

 

Wire Gifts

Wire ABA #041000124

Capital campaign gift: Capital Account # 4645202732

Annual Giving or other gifts: Operating Account #464520724 

PNC Financial Services Group

120 South Central Avenue

Clayton, MO 63105

IN KIND

Forsyth welcomes donations such as computers, office furniture, classroom supplies, landscape material, athletic equipment and many other items related to the educational program. The Development Office will be happy to help you ascertain gift acceptability. Gift value is determined by the donor through appraisal or a record of purchase. 

REAL ESTATE

A gift of real estate provides a considerable savings in capital gains tax due upon sale of appreciated property. At the same time, you receive a charitable deduction for the full market value of the property subject to the limitations described above under Appreciated Securities. You can contribute the property but retain the right to reside there for you and/or your spouse’s lifetime and you will receive a charitable deduction for the year in which the gift was made.

LIFE INSURANCE

The contribution of a life insurance policy can provide a significant gift in a manner that can be especially attractive to younger donors. Forsyth will offer Annual Giving recognition for the amount of the annual premium. By designating Forsyth as both the owner and beneficiary of a life insurance policy, the premiums are tax-deductible to the donor.

RETAINED INCOME GIFTS

An easily established trust can provide a current charitable deduction for you in addition to income to you and/or the School during your lifetime. This meaningful gift can be especially appealing by increasing the income you receive from low-yielding stocks.  The income can be distributed to you, your spouse, or other designee, after which the assets would be distributed to Forsyth.

BEQUEST

A bequest is a gift of property made through a donor’s will and is the simplest and most common form of a planned gift. The advantage of making a gift through a bequest is that you do not have to part with any property until after death. Gift and estate taxes are avoided. Distributions can be made either as a specific dollar amount or as a percentage of the estate. Gifts through bequest can be more significant than those made during the donor’s lifetime.

The official legal bequest language for Forsyth School is: “I give to Forsyth School, a nonprofit educational institution located at 6235 Wydown Boulevard, St. Louis, Missouri 63105 and incorporated under the laws of the State of Missouri, the sum of $_______ [or the following described property or a designated percentage of my estate], to be used for its general educational purposes.”

GIVE ONLINE

  • 6235 Wydown Boulevard | St. Louis, MO 63105
  • Tel: 314.726.4542
  • © Forsyth School
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