Giving to Oakland

Your support enables the margin of excellence at Oakland School. Thank you for considering the following ways to make a difference at Oakland. Please contact us if you need additional information.

Cash

To make a gift of cash, you may send a check or you can use your credit card.

Donate Online:

Click the buttons below to make a donation online to either:

	The Annual Scholarship Fund (info)
	The Summer Camp Renewal Campaign (info)

Personal checks should be made payable to The Oakland Foundation for LD and mailed to the address below. Please note on the check memo line whether your check is for the Annual Fund or Summer Camp Capital Campaign).

The Oakland Foundation for LD
P.O. Box 188
Keswick, VA 22947

Following are other ways to give.  For more information on these forms of giving, contact Kelly Oakes, Oakland Foundation Director of Development, at 434-293-9059 or development@oaklandschool.net.

Stock

If your investments in the financial markets have been successful, you can use these assets without losing a substantial portion of your earnings to the capital gains tax by making your gift with appreciated stock. Also, a gift of stock held more than one year may qualify for a charitable income tax deduction equal to the securities full fair-market value. It is possible to make a gift with appreciated securities in a mutual fund.

Personal Property

Gifts of personal property- works of art, manuscripts, rare books and antique furnishings- help support teaching and scholarships. Such gifts must be appraised by an outside expert unless an item has an apparent value less than $5,000.00.

Reasons to Contribute a Gift-in-Kind include:

1. You may receive a charitable deduction for the appraised value at the time of the gift.
2. You can make a larger donation to the Oakland Foundation than if you
3. sold the gift, paid capital gains tax on the sale and contributed cash.
4. The gift’s value is removed from your estate, which lowers your estate taxes.

If your gift is valued at more than $500.00, you will need to fill out an IRS Form 8283, “Non-Cash Charitable Contribution.”

Real Estate

Real Estate can be contributed as an outright gift or to finance a planned gift, such as a charitable trust. Available options include a retained life estate, which allows the donor to continue to use the property for a certain number of years or the donor’s lifetime. Other arrangements offer special tax advantages and lifetime income based on the appreciated value of the property.

Gifts of real estate, such as undeveloped land, a residence, vacation home, a farm or commercial property should be arranged through the donor and the Oakland Foundation. Oakland requires the donor to obtain an appraisal to determine the fair market value, prior to the transfer of the property.

Planned Gifts

Through a will, living trust, or retirement plan, individuals can make gifts to Oakland that are larger than anyone can imagine in their lifetimes. The process is very simple for most individuals. You just need to include Oakland in your will. These gifts offer a number of advantages:

1. They are revocable by the donor if circumstances change.
2. They realize the donor’s vision for the future in a tangible way without an uncomfortable financial burden during their lifetime.
3. They may reduce estate taxes for surviving family members.

Income Annuities

A gift annuity is a simple contract under which the donor transfers assets to the Oakland Foundation, which in return provides life income to the donor and up to one family member. There are two types of gift annuities:

A Charitable Gift Annuity- may be established with a small investment ( $5,000.00 minimum). It can be funded by appreciated securities or cash. The donor receives an immediate income tax deduction and may also bypass capital gains tax. In addition, a portion of the income may be tax-free.

A Deferred Gift Annuity- has the same benefits and charitable requirements. The only difference is the donor selects a future date (1 year or more) to begin income payments.

Trusts

Charitable Remainder Trust (CRT)  is a vehicle that allows you to transfer assets to a trust and receive income until a specified time, at which point the “remainder” goes to Oakland.

Charitable Lead Trust- Oakland “leads” by receiving payments first with the remainder passing to your named beneficiaries after a set period of time. Many donors like this arrangement as it keeps assets in the family and gives Oakland funding it needs.