Give to Louisville High School (pdf)
Gifts to Louisville may be in the form of cash, check, credit or stock transfer and are tax-deductible to the fullest extent provided by law. Louisville is a 501(c)(3) institution.
Careful planning of your gift to Louisville High School can help maximize the benefits to you and Louisville. Federal income, estate and gift tax laws encourage individuals and their families to make gifts to families. The following paragraphs summarize some of the ways you can gift Louisville High School and take advantage of tax savings.
OUTRIGHT GIFTS
An outright gift of cash to Louisville is a fully tax-deductible gift in the tax year given, unless the total amount exceeds 50% of your adjusted income. Checks should be made payable to the Louisville High School. Credit cards are gladly accepted.
Gifts of Securities, Real Estate, and Personal Property
If you own real estate or securities and other types of personal property that have appreciated in value, you will generally benefit by donating the property to a charitable institution. You are able to deduct the fair market value of the donated assets and also avoid capital gains taxes.
GIFTS OF LIFE INSURANCE
A donor may make Louisville High School the beneficiary of a life insurance policy. His or her premium payments then become deductible for income tax purposes. A new policy may be taken out in the name of the Louisville High School campaign or an existing policy may be gifted to the school.
GIFTS FROM BEQUESTS
Gifts made through your will may be for a specific sum or items, or for a specific percentage of an estate, a residue of an estate, or on a contingent basis. Your estate will receive a charitable deduction for the value of property passing to Louisville High School. If you intend to include Louisville in your will or trust, please contact the Development Office at (818) 346-7510.
MATCHING GIFTS
Matching gifts of employees’ contributions are provided by a number of corporations. A matching gift may double and sometimes triple the size of an individual donation. Ask your employer about their matching gift program and forward the company form along with your donation to Louisville.
e-scrip
e-Scrip is a fantastic resource for fundraising where participating business partners contribute a percentage of your grocery loyalty cards, credit card and debit/ATM card purchases to Louisville High School. To sign up and register one of your own credit cards for this program go to www.escrip.com or call 1-800-801-4973. Louisville High School’s ID number is
136558904.
TARGET
You may apply for a Target Visa credit card or a Target guest card at www.target.com as part of their Take Charge of Education Program. Designate Louisville High School as part of your registration - our ID number is 2875 - and Louisville receives a percentage check twice a year for your purchases.
OFFICE DEPOT
For anything you purchase at Office Depot, Louisville can receive a percentage check year-round. At check-out just tell the cashier that you would like Louisville High School to receive credit for your purchase. The ID Number for Louisville is
70016764.
WaMoola FOR SCHOOLS PROGRAM
Washington Mutual Bank’s WaMoola for Schools program is simple. Open a Washington Mutual checking account and get a Visa Check Card. Use this card for your everyday purchases. You earn points by using the card and at the end of the year, based on how many points everyone has earned, the points are converted to dollars and donated directly to Louisville. To learn more about this program, go into any Washington Mutual Bank or go online to wamoolaforschools.com.
