- HOW DO I MAKE A GIFT?
- ARE THERE SCHOLARSHIP FUNDS IN PLACE?
- HOW DO I GIVE TO/SET UP A SCHOLARSHIP FUND?
- WHAT IS A MATCHING GIFT?
- HOW DO I INITIATE A MATCHING GIFT?
- WHAT IS A PLEDGE GIFT?
- HOW CAN I USE MY APPRECIATED SECURITIES AS A GIFT?
- DO YOU ACCEPT UNAPPRECIATED SECURITIES?
Endowed scholarship funds are those that provide a specific dollar amount, usually in honor of someone, to a student who fulfills the criteria as set by the school's scholarship committee.
For 2017-2018, the Endowed Scholarships are:
- The Rayma-Joan and Mark J. Griffin Scholarship Fund: Established by the Board of Trustees in 2004 in honor of Rayma and Mark Griffin, founding headmaster and admissions director respectively of Eagle Hill School
- The Andrew Michael Fisher Scholarship Fund: Established in 2004 by Laura and Richard Fisher in memory of their son, Andrew (Class of ‘96).
Individuals, families, foundations, or corporations may:
(1) Set up an endowed scholarship fund in honor of their family, their foundation, or someone of significance, with a minimum of $50,000, and must be approved by the Development Committee of the Board of Trustees.
(2) Fund the yearly cost of tuition for one or more students by contacting Lisa Ferraro, Director of Development.
Donors initiate the process by contacting their company's human resources department or corporate foundation for the appropriate forms. Donors receive credit from Eagle Hill School for both their original gift and the matching gift. The combined amount is recognized in our Giving Report in the Fall issue of our school magazine.
For some of our donors, a pledge gift makes it easier for them to manage their donation over a longer period of time. If you pledge for our fiscal year of July 1 to June 30, the Development Office will send reminders to ensure that your gift is recorded by fiscal year-end.
We encourage pledges made before November 30 as this allows the Board of Trustees to set the next fiscal budget with foreknowledge of anticipated funds.
Appreciated securities are sometimes considered when a donor wishes to take a tax deduction on the full value of the gift and avoid capital gains on the transfer. In many cases, the actual cost to the donor is far less than the value of the gift to the school. For a stock transfer form, contact Lisa Ferraro, Director of Development.
In general, it is not advisable to give securities that are presently worth less than you paid for them. If the sale of stocks or bonds would result in a deductible loss, it is usually to your advantage to sell them to establish a tax loss and then donate the proceeds to Eagle Hill School. We consider this a creative way to make lemonade out of lemons!