How to Give

Donors may choose one or a combination of several different outright and deferred gift vehicles to fulfill commitments to Gilman. Gifts of cash or liquid securities are the preferred methods of giving. Other forms of giving, such as deferred gifts, may offer an alternative while achieving tax and other benefits. Listed below are brief explanations and benefits of the various ways to give that are accepted by Gilman School. These are meant as a guideline only; please confer with your financial or tax advisor to determine the best vehicle for your individual situation.

Cash

An outright gift of cash, for which the donor receives an income tax deduction as prescribed by current law. Gifts of cash are deductible up to 50% of adjusted gross income. If the gift amount exceeds 50% of adjusted gross income, the remainder of the deduction can be carried over for up to five years.

The quickest way to give to Gilman is to make a gift online. Or, you can also mail a check made out to Gilman School. Please include a note telling us how to direct your gift and send to:

Office Development
Gilman School
5407 Roland Avenue
Baltimore, MD 21210

A gift to The Gilman Fund continues a legacy of generosity that has an immediate impact on the learning of our current students.

The Gilman Fund annual campaign runs from July 1 until June 30.

Matching Gifts

Many companies match the philanthropic gifts given by their employees.

Find out whether your employer (or your spouse's employer) is a matching gift corporation.

Planned Gifts

Deferred gifts may offer an alternative while achieving tax and other benefits.

Learn more about the types of planned gift vehicles available to you.

Appreciated Securities

Appreciated securities are a gift of stocks or bonds that are (or will be) readily available. The deduction for outright gifts of appreciated long-term publicly traded securities (held more than 12 months) is equal to the fair market value of the securities on the date you relinquish control of the assets to Gilman School. None of the appreciation is taxable for capital gains purposes. Please note: Do not sell the stock; you must transfer the securities to the School or campaign to receive the most advantageous tax treatment.

Gifts of stock of a private corporation receive slightly different treatment. You may avoid capital gains on appreciation of closely held stock while attaining a tax deduction on the stock's fair market value. As with publicly traded stock, you may obtain an immediate tax deduction of up to 30% of adjusted gross income. If the gift amount exceeds 30% of adjusted gross income, the remainder of the deduction generally can be carried over for up to five years.

Get specific instructions for giving appreciated securities.

Questions?

Specific gift acceptance guidelines for any of the vehicles described on these pages are available in the Development Office.

To learn more, call 410-323-7178.

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