Create a Difference with a Year End Gift
It's that time of year when many of us are thinking about how we can be more charitable—while, at the same time, planning for next year's tax return. Here are two easy ways you can support the Claremont School of Theology today. Remember: To qualify for a tax break, these gifts must be made by Dec. 31.
1. Give Cash
Why: You can make an immediate impact on our mission of Claremont School of Theology. Your gift can be unrestricted, meaning we can use the gift for our most pressing needs, or designate your gift for a specific purpose, such as scholarship. To make an online gift, click here.
Your benefits: Cash gifts are tax deductible up to 50 percent of your adjusted gross income, and gifts above 50 percent may be carried over as deductions for up to five additional years.
2. Contribute Appreciated Securities
Why: Stocks or other investments that have increased in value since you originally bought them and that you have owned more than one year can become a generous gift with a low net cost to you. Click here to review instructions for making a gift of securities.
Your benefits: Donate these assets and receive a charitable deduction based on their fair market value on the day of the gift. You also eliminate federal capital gains tax that would have been due on their sale.
The end of the year is also a good time to consider including Claremont School of Theology in your estate plans. To learn more about deferred gifts, visit cst.giftlegacy.com.