Ways to Give
#WEAREIMPACT
Gifts of Cash
Unlike other giving methods, cash gifts – via check or credit card – will provide an immediate benefit to ICA. Gifts of cash are tax deductible in the current year if the gift is received by December 31. To donate, please click below to make a contribution online, or contact us for more information.
Gifts of Appreciated Assets
Charitable gifts of appreciated securities such as stocks, bonds, or mutual funds that have been held for longer than one year can be deducted at their full fair market value while avoiding capital gains tax. Gifts of real estate are handled the same way, with the donor receiving the same tax benefits.
Gifts in Kind
Gifts of goods and services can be donated and are tax-deductible as provided by law. These are gifts of tangible value, such as purchasing microscopes for the science lab or blocking sleds for the football team, for example.
Matching Gifts
Many employers will match an employee’s charitable gifts, meaning your gifts are worth even more. Check with your company’s personnel office to see if there is a matching gifts program and if your contribution to ICA will qualify.
Honorary and Memorial Gifts
Gifts can be made in honor or memory of someone. For example, donors can make a gift in honor of a teacher who has made a difference in a student’s education or in memory of a loved one. A notification letter will be mailed to the individual or family. Gifts may also be designated for establishing an annual scholarship at ICA to honor or memorialize a loved one.
Planned Giving
A gift of bequest designates ICA as a beneficiary in your will. You may specify that a certain dollar amount, a specific percentage of the estate, or a particular asset be given to the school. Gifts made through your will can provide considerable future tax benefits, which allow more of your assets to pass to those you care about.
Life insurance is another way to make a planned gift to ICA. You can purchase a new life insurance policy or contribute all or part of a policy that you currently own, but no longer need. When ICA is named as the owner and beneficiary of a policy, the annual premium payments will be tax-deductible. For relatively few dollars in premium payments each year, you can provide for a significant future gift to the school.