Cash
Some of the most common ways to make a gift to The Fund for Girard College are to write a check, make a gift using a credit card, or donate online.
A gift of cash could be right for you if:
- You want the easiest way to donate to The Fund for Girard College.
- You want the largest possible income tax charitable deduction for your gift.
- You would like to make the gift to The Fund for Girard College that has the greatest immediate impact.
How It Works
You make a gift of cash directly to The Fund for Girard College and you receive an immediate income tax charitable deduction.
How Your Gift Helps
Your gifts to Girard College help us offer a full-scholarship 5-day boarding for academically capable students, grades 1-12, from families with limited financial resources, each headed by a single parent or guardian. It will provide Girard with the resources to…
 |  |  |
| inspire a passion for learning through an interdisciplinary and standards-based education; | create a home away from home where students feel valued, understood, and encouraged to flourish; | deliver learning and living experience which fosters academic excellence, social development, and global empathy. |
What is an outright gift of cash?
An outright gift of cash is when you transfer funds to The Fund for Girard College and get nothing of financial value in return. The most common way for donors to make an outright gift is to write a check payable to The Fund for Girard College.
Gift provides immediate support
Unlike some other gift arrangements, your outright gift will provide resources that The Fund for Girard College can put to immediate use. If you prefer to restrict our use of your gift in any way, please contact us so that we can be sure that we can carry out your wishes.
Maximum tax savings
You may deduct the full amount of your donation up to 50% of your adjusted gross income, providing tax savings if you itemize. You may carry forward all of your unused deduction for up to five additional years.
Ways to give cash
Most donors make an outright gift by writing a check payable to The Fund for Girard College and mailing it to us. You may also make a cash gift using your credit card.
Example
Lauren Mitchell would like to make an immediate $15,000 gift to The Fund for Girard College. Lauren could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Lauren could make a gift using her credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and gifts made via credit cards are considered cash gifts.
Benefits
- Lauren may deduct up to 50% of her adjusted gross income for her gift of cash, providing tax savings if she itemizes.
- If Lauren itemizes deductions but cannot use the entire deduction in the year of gift, she may carry the balance forward for up to five additional years.
- Assuming Lauren itemizes deductions and can use her entire income tax charitable deduction of $15,000, she will save her $5,550 (37% tax).
- Lauren will gain the satisfaction of making a $15,000 gift to The Fund for Girard College.