There are many ways to contribute to PCD’s financial strength and we will be happy to consult with you to help identify the best way to meet your financial objectives.  Some options include:

Gifts of Cash
This is one of the most popular giving options.  Donors can deduct the full amount of the contribution up to 50% of his/her adjusted gross income.  Any amount over that deducted in the first year can be deducted over the following five years, up to the 50% maximum allowed each year, until the full deduction has been claimed.

Gifts of Appreciated Securities
Making a gift of appreciated securities offers the donor two benefits:
1.    No capital gains taxes are assessed on the “long term” appreciated portion of the gift;
2.    The donor can claim a charitable deduction for the full market value of the securities at the time of the gift.

Federal law limits the tax deduction for gifts of appreciated securities to 30% of the donor’s adjusted gross income each year, allowing the donor to apply the excess deduction over the next five years (at a maximum of 30% per year).

Stock transfer instructions may be obtained by contacting development@providencecountryday.org.


Life Insurance
Donors may assign ownership of a life insurance policy and/or designate PCD as the sole beneficiary of a life insurance policy and receive an immediate charitable deduction for the donor’s basis or the policy’s net cash value (whichever is less).  If the donor continues to pay premiums he/she will receive an additional deduction for the payment amounts.

Gifts of Tangible Property
You may donate personal property that you have owned for more than one year that can be used to further PCD’s exempt purpose.  You can claim a deduction for the full fair market value on the date of the donation, up to 30% of your adjusted gross income (with a five-year carry over for any excess).  Exempt use property might include a painting to be displayed in a PCD building or a rare book to include in our library.  If the gift does not have an exempt use, the donor’s deduction will be limited to his/her basis, but the donor can claim a deduction up to 50% of his/her gross adjusted income.  If you are considering making a gift of tangible property please consult with our development office and your attorney.