Ways to Give
One of the reasons why Episcopal Collegiate School continues to be the premier independent school in Little Rock is because of the generosity it receives for education from current parents, grandparents, alumni, faculty, staff, and friends. It is impossible to name the countless ways our supporters give from school volunteering to financial support. This commitment to Episcopal is uplifting and inspiring, and allows the school to carry out the school’s mission to instill in students a commitment to academic excellence and a recognition of individual potential that will contribute to the development of their characters.
Support to Episcopal comes in two main ways: gifts of time and gifts of “treasure.” Volunteering at Episcopal can take many forms: staffing the concession stand at a football game, serving as a homeroom parent, assisting with the auction, or stuffing envelopes. Whatever your talent or passion, Episcopal could use, and most of all, appreciates your help.
- Gifts of Cash
- Gifts of Securities
- Gifts of Property
- Life Insurance
- Bequests, The Shield and Laurel Circle
- Specific Bequest
- Residuary Bequest
- Testimentary Charitable Trust
- Reserved Income
- Charitable Remainder Trusts
- Charitable Lead Trusts
Gifts of securities may be made either outright or as multi-year pledges. Such gifts allow the donor to receive a charitable deduction for the full fair market value of the security (up to 30% of your adjusted gross income) while avoiding both capital gains and alternative minimum taxes on the increased value of the security.
Your broker may electronically transfer ownership of the stock to Episcopal Collegiate School’s account at Stephens, Inc. (see account information below).
Please note: Stock transfers must be initiated by June 1 in order to allow time for processing by our June 30 fiscal year end.
Give your broker the following information:
Account Name: Episcopal Collegiate School
Federal I.D. #: 62-1714575
Account Number: 208400183
Transfer To: Stephens, Inc.
Stephens Contact: Sandy Babcock, (501) 377-2377
Important: Please notify or have your broker notify Matt Radtke, Director of Institutional Advancement, at (501) 978-4418 when you have initiated an electronic transfer for donations of stock.
A gift of real estate to Episcopal Collegiate School provides a charitable deduction for the full market value of the gift (up to 30% of your adjusted gross income) if you have had it for more than one year. You are not liable for capital gains on the appreciated value of the property, except in those few cases where the alternative minimum tax is applied.
Donations of artwork, computers, books, equipment, and furniture can provide helpful additions to Episcopal Collegiate School. Before making a gift of tangible personal property, however, please consult the Foundation to confirm that your gift can be used as you wish, while also meeting Episcopal Collegiate School's needs.
Gifts of tangible personal property entitle you to a deduction of the property's full fair market value (up to 30% of your adjusted gross income) as long as the object is related to the School's educational purpose and you have held it for more than one year.
Donors may name Episcopal Collegiate School as a beneficiary and owner of life insurance policies. A donor may have purchased insurance in previous years for a purpose that no longer exists or is fulfilled through some other means. The donor is allowed an income tax deduction for the cost of premiums in the contract plus any future premiums paid by the donor.
A gift through one's will is perhaps the most popular form of a planned gift. Such gifts may enable a donor to make a significant contribution to Episcopal Collegiate School that was not possible during his or her lifetime. A bequest to the School can be included in the body of a will or in an addition (a codicil). As with lifetime gifts, a bequest may be unrestricted, providing Episcopal Collegiate School with the flexibility to meet its needs as they arise, or a specific gift may be designated for the use of your bequest. Testamentary gifts to Episcopal Collegiate School are typically deductible for estate tax purposes and may be made in several ways.
Trusts may be designed to provide income to Episcopal Collegiate School for a period of years, and then the assets (which may have appreciated) are returned to the donors or their heirs. Known as "lead trusts," they provide an excellent opportunity to support the school significantly while assuring continued family control of the assets in a tax-considered manner.
Another vehicle that keeps property in the family is a lead trust, whereby you make a gift of income to Episcopal Collegiate School for a term of years. After the term is over, the principal may be passed on to your children or your estate.
Lead trusts can provide a means of directing assets to children or other heirs in a cost-effective way. Lead trusts do have a number of income and gift tax consequences, however, which should be considered before making a gift.