Ways to Give
With our commitment to sustainability, we will be acknowledging all gifts of $250.00 and below electronically.
- Checks or Cash
- Credit Cards
- Matching Gifts
- Planned or Deferred Gifts
- Donor Advised Fund (DAF)
Many corporations match employee philanthropic contributions. Matching gifts allow you to increase your gift to Morristown-Beard School. Donors wishing to take advantage of their company’s matching gift program should request a matching gift form from their Department of Human Resources and then include that matching gift form when sending the gift to MBS. Donors making a gift to MBS online should send the matching gift form to the Office of Advancement:
Attn: Office of Advancement
70 Whippany Road
Morristown, NJ 07960
A planned gift is a contribution that is arranged in the present and allocated at a future date. Commonly donated through a will or trust, planned gifts provide an opportunity for donors to support Morristown-Beard School through deferred gifts. Many of these planned gifts offer tax benefits to the donor. Funds provided by these gifts—whether given through gift annuities, trusts, insurance policies, bequests, or other means—help ensure a bright tomorrow for Morristown-Beard School.
All donors who provide written documentation on their intention to make a planned/deferred gift are welcomed into the 1891 Founder’s Society.
Please contact Betsy Patterson, Director of Advancement, to learn more about how you can make a planned gift to positively impact generations of students.
Donors have the option to commit multiple gifts over a certain number of years to The Morristown-Beard Fund. When choosing this option, donors will receive semi-annual pledge reminders for the payment.
Stock Transfer Instructions:
To initiate a stock transfer, please reach out to Melissa Hickey in the Office of Advancement at 973-532-7541 or firstname.lastname@example.org with your name, name of stock, and number of shares.
Morristown-Beard School is recognized by the IRS as a 501(c) (3).
E.I.N. (Employment Identification Number) 22-1487252.
Please contact the Office of Advancement at 973-532-7541 or email@example.com for wire transfer instructions.
What is a donor-advised fund?
A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.
How does it work?
- Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program
- Advise the investment allocation of the donated assets (any investment growth is tax-free)
- Recommend grants to qualified public charities of your choice
What are the main advantages of a donor-advised fund?
Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
Flexibility – Timing of your tax deduction can be separate from your charitable decision making.
Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is
also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to
support multiple charities from one block of stock.
Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy. No start-
up costs – There is no cost to establish a donor-advised fund. However, there are often minimum initial
charitable contributions to establish the DAF (typically $5,000 or more).**
No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public
charity of choice.**
Privacy if desired – Donors may choose to remain anonymous to the grant recipient.
**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees
vary by sponsoring organization.