Ways to Give

Make checks payable to Carolina Friends School. In the note area you can indicate, if you wish, that the gift is "In Appreciation of" or "In Memory of" someone or you may direct your gift to a particular Fund or need (teacher salaries, endowments, etc.).

Shares of stocks or mutual funds are easy to give and benefit you and Carolina Friends School. Gifts of stocks can provide multiple tax savings.

If the shares you want to give have decreased in value, the best plan may be to sell the shares yourself and then give the proceeds of the sale to Carolina Friends School. This allows you to take any decrease in value of the shares as a write down on your taxes.

If your shares have increased in value the best course may be to transfer the shares to Carolina Friends School instead of selling the shares and giving the proceeds to the School. This approach may enable you to receive two advantages:

• You get a larger charitable tax deduction because it is based on the higher current value of the shares (not the lower purchase price).
• You do not pay the capital gains taxes on the appreciated value of your shares.

1. ELECTRONIC TRANSFER of Shares of Stock (DTC Eligible Securities)

Most of us have our brokers keep our stock certificates. In those cases, stocks are transferred electronically by your broker to Carolina Friends School using the information below. (Please note that shares of mutual funds are handled differently. See #3, below.)

Send to: US Bank

DTC #: 2803

Account #: 19-BC137

Account Name: Carolina Friends School Charitable Gift Account

Should your broker need any additional information, please contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org).

2. TRANSFER of PAPER CERTIFICATES of Shares of Stock

If you have the actual paper certificates in your possession, please use these steps:

1. Sign and date the back of the Stock or Bond certificate. Sign exactly as your name appears on the front of the certificate.
    
2. Fill out this form which authorizes the transfer of your stock to the Carolina Friends School account. We apologize for the confusing nature of this form. For assistance in filling it out, please contact: Melissa Wolf
   425 Walnut St Fl 5,
   Cincinnati OH 45202
   Melissa.Wolf@usbank.com
   513.639.6150.
    
3. Deliver the form and stock certificate(s) to either:
   • US Bank, 1555 N. RiverCenter Dr, Suite 302 Securities Processing, MK-WI-S302, Milwaukee, WI 53212 Attn: Melissa Wolf (US Bank asks that the certificate and the stock power form be sent separately so that if the package gets lost the certificate can not be negotiated.)
   • Jan Zink at Carolina Friends School, 4809 Friends School Road, Durham, NC 27705

3. TRANSFER OF MUTUAL FUNDS

Mutual fund units cannot be electronically transferred via the same DTC (Depository Trust Company) processes as shares of stock. If the delivering broker/bank is ACATS (Automated Customer Account Transfer Service) eligible they can deliver the mutual fund via ACATS using the below information:

US Bank

DTC #: 2803

Account #: 19-BC137

Account Name: Carolina Friends School Charitable Gift Account

If the delivering broker/bank is not ACATS eligible, please contact Jan Zink to expedite the transfer. To gift a mutual fund, please contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org), in advance, to expedite the transfer.

Gifts of mutual fund shares do take time to finalize, so advanced preparation is recommended when the timing of your gift is critical.

Many companies will match the contributions that employees — and retirees of some companies — make to Carolina Friends School. Check with your Human Resources department about the process.

Carolina Friends School welcomes items that support our educational programs, such as resources for classrooms or supplies for summer programs. Please contact at Jason Parker (919.383.6602 x*227) or jparker@cfsnc.org before making a delivery as we may not be able to use some items.

Carolina Friends School can be named as a beneficiary in a new will or added as a beneficiary to an existing will. Please contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org) to discuss how you can accomplish your objectives and simple language to use in your will. Wills are often used either to create a new endowment or to make gifts to an existing endowment.

This increasingly popular way to give provides you with a guaranteed annual income throughout your life, an immediate federal income tax deduction, and other federal income tax savings. (The older you are at the time of your gift, the larger your annual payout.) Carolina Friends School will receive the remaining value of the annuity when you no longer need it. Please contact Jan Zink for details (919.383.6602 x*243 or jzink@cfsnc.org).

Carolina Friends School offers this option through Friends Fiduciary Corporation, a 100+ year-old Quaker non-profit corporation that provides socially responsible investment, management, trusteeship, and administration services. Annuities and trusts are formulated individually to meet your individual needs. Your own financial planner may be of help with these as well.

Carolina Friends School can be designated as an owner of an insurance policy and/or as a beneficiary of an insurance policy. Please inform the School if you are thinking about or have made this decision.

Carolina Friends School can be designated as a beneficiary of an IRA, 403(b), or other retirement plans. Complications in taxes and required payouts may result when an heir receives an IRA. Designating an IRA to Carolina Friends School and other assets to your heirs may be preferable. Contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org) for more information.

A gift of land may be given "outright" or with a "retained life interest." In the latter, the owner makes Carolina Friends School the new owner, continues to live on the land during her/his lifetime, and gains tax advantages in the process. When considering any real estate gift, be sure to contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org).

A charitable remainder gives twice. You begin by putting funds or assets into a trust. First, it gives you (or others you designate) lifetime income. Second, at the death of the last income beneficiary, Carolina Friends School is given the remaining value of the trust. In addition, you receive a charitable income tax deduction in the year the gift is made. The gift minimum is $100,000.

Carolina Friends School offers this option through Friends Fiduciary Corporation, a 100+ year-old Quaker non-profit corporation that provides socially responsible investment, management, trusteeship, and administration services. Annuities and trusts are formulated individually to meet your individual needs. Your own financial planner may be of help with these as well.

For more information, contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org).

With this you set up a trust fund that makes annual gift payments to Carolina Friends School for a designated number of years. At the end of the time you designate, the assets used to fund the gift can be returned to you or to your heirs. The gift to your heirs is tax free. You receive a charitable income tax deduction in the year the gift is made. The gift minimum is $100,000.

We have more information about how you can utilize these ways to make a difference in the life of the school that you love and the financial well being of your family.

Carolina Friends School offers this option through Friends Fiduciary Corporation, a 100+ year-old Quaker non-profit corporation that provides socially responsible investment, management, trusteeship, and administration services. Annuities and trusts are formulated individually to meet your individual needs. Your own financial planner may be of help with these as well.

For more information, contact Jan Zink (919.383.6602 x*243 or jzink@cfsnc.org)