Ways to Give

Cash
Most gifts to Knox come in the form of personal checks, VISA, MasterCard, or American Express credit card payments. Such gifts entitle donors to a charitable income tax deduction subject to tax deduction limitations. All checks should be made payable to "The Knox School."

Pledges
Donors who wish to contribute to the Campaign but do not wish to make an immediate payment may make a pledge. A pledge is a promise to make a specified payment within the campaign counting period. All naming opportunity pledges may be paid over a three-year period. Pledges can be made by mail, e-mail or phone. The Development Office will mail pledge reminder letters and pledge forms annually or at the times requested in your pledge.

Securities
Making a gift of securities is both simple and tax efficient. Gifts of appreciated stock may allow a donor to avoid a capital gains tax in addition to receiving a charitable income tax deduction for the fair market value of the stock. If the securities are held by a bank or broker, please send a complete letter of instruction (donor’s name and address, full description of the certificate and purpose of the gift) to the bank or broker with a copy of your letter to Knox. In your letter, please direct your bank or broker to contact the Development Office at (631) 686-1600 ext. 410. The school will inform the bank or broker that the preferred means of transfer is via Depository Trust Company (DTC), an electronic transfer system. This method allows Knox to put your donated funds to work more quickly and to realize savings on commissions, thus making your gift more beneficial to the School. The gift of securities is not complete until you, and your transfer agent have delivered the securities to Knox. Please note that merely instructing your transfer agent to complete the transaction is not enough to satisfy IRS legal requirements.

Gifts-in-Kind
Knox accepts gifts-in-kind if they can be used in support of the mission of the School. Such gifts might include horses, waterfront equipment, computers etc. These gifts can also take the form of inventory given through businesses owned by donors.

Real Estate
A residence, vacation home, farm, acreage or vacant lot may have so appreciated in value through the years that its sale would mean a sizable capital gains tax. By making a year-end gift of this property instead, you would avoid the capital gains tax, and, at the same time, receive a charitable deduction for the fair market value of the property.

Matching Gifts
If you, or your spouse, or partner work for a company with a matching gift program, please complete and return the company’s matching gift form with your gift. Doing so can double, and in some cases, triple the value of your gift. (See enclosed list of companies that participate in a matching gift program.)