Other Ways to Give
By working together, we will turn our dreams for Gaston Day School into reality.
Gaston Day School Fund: Gifts given under the Gaston Day School Fund (formerly the Annual Fund) support the school’s operating budget for the current academic year. It is the money that makes up the difference between what tuition revenue produces and the cost of operating the school. Your gift will impact everything from computer technology and equipment to facility expenses – from new textbooks to the simplest needs such as classroom supplies. CLICK HERE for the 2017 Donor Report. CLICK HERE for the 2018/2019 Annual Report.
Endowment Gifts: Gifts to the Endowment Fund secure the wellbeing and longevity of Gaston Day School in the future. When the school uses revenue from the Endowment, the principal is kept intact while a portion of the interest income may be utilized.
Capital Campaigns: Gifts to the Capital Campaign are designated to meet a specific need. Often the needs are for building or facility enhancements. These capital campaign gifts are frequently large in size and are donated over a period of several years.
Matching Gifts: These gifts provide a “buy one, get one free” opportunity for the school. Matching gifts are offered by over 500 American corporations who match or sometimes even triple their employees’ philanthropic gifts. Check with your employer to learn whether your company participates in this giving opportunity.
Restricted and Unrestricted Gifts: Restricted gifts can be used only during the year in which they are given, and can be used only for the purpose the donor has specified, such as academic programs, financial assistance, or certain facility improvements. Unrestricted gifts are allocated where the need is the greatest.
Participation: Many outside sources consider donor participation rates before contributing to the school. Gaston Day School has enjoyed tremendous support and high participation rates from our community of supporters. Please consider participating in one or more gift opportunities each year.
Planned Giving: A Planned Giving gift to the school is made through a trust, annuity, insurance policy, or, as is most commonly done, through a bequest.
Appreciated Securities: When making a gift of appreciated securities, the donor gets a charitable deduction for the full fair market value of the stock and avoids capital gains tax on the increased value. Securities must be transferred to the school prior to the sale in order to receive these benefits. Call the Development Office for more information.
Charitable Remainder: Trust Assets are placed in a trust for Gaston Day School and generate annual income for the donor or family member for a fixed term or for life. The donor receives a current income tax deduction for a portion of the value of assets transferred to the trust.
Charitable Lead Trusts: The income generated from assets placed in trust is gifted to Gaston Day School for a period of years. The trust assets can be returned to the donor or transferred to heirs with little or no estate and gift taxes due.
Bequests Provisions: Charitable gifts may also be made under the terms of the donor’s will, leaving a lasting legacy. There are many ways in which life insurance policies no longer needed for family protection may be used to make a contribution, all of which provide tax benefits.
Gaston Day Funds
Alumni Annual Fund
Certainly one of Gaston Day’s greatest strengths is its loyal and supportive alumni. You share in an exceptional community of Gaston Day graduates who maintain a unique and indivisible bond of friendship throughout their lives. We appreciate your continued efforts to keep Gaston Day School in the forefront of independent school education.
The Annual Fund provides an opportunity for alumni, parents, grandparents, alumni parents, faculty and staff, corporations, foundations, and friends to support the important work at Gaston Day School through tax-deductible gifts. Like most independent schools, tuition does not cover the full cost of educating a student at Gaston Day. Please consider supporting the educational program and faculty at Gaston Day School that gave you such a valuable education. Your participation at any level will make a difference in the life of our school.
There are a number of ways to make a gift to Gaston Day School. A cash contribution is the easiest and most common, but it is not always the most advantageous method for a donor. Other planned giving alternatives may provide increased tax benefits.