 | | Pace Academy accepts gifts of cash, checks and appreciated assets, such as securities, real estate, or personal property. |
Cash/Check
- A gift in the form of cash or check and the donor receives an immediate income tax deduction
- Credit card gifts or payments may be made online. Make a gift to our Annual Fund.
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Securities
- Publicly Traded Securities and Mutual Funds - readily marketable securities
- Closely Held Securities - securities in privately-held companies
- Immediate fair market value charitable deduction and avoidance of capital gains tax
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Real Estate
- Defined as real property or interest in real property such as land or physical structures
- Immediate fair market value charitable deduction and avoidance of capital gains tax
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StockPace Academy gratefully receives gifts of appreciated assets, such as securities. Often a gift of appreciated stock offers tax benefits to the donor. Not only can the donor take a charitable deduction for the current full, fair-market value of the stock, capital gains tax can also be avoided on the appreciation.
Viewed another way, you may be able to give more than you thought possible when the tax ramifications are considered. The benefit to Pace Academy is the same whether you give cash or stock but the tax savings to yield is likely to be greater if you give appreciated stock.
Instructions to Transfer Stock
- Instruct your broker to transfer the gift shares directly to Pace Academy’s broker, SunTrust Investment Services.
- The SunTrust DTC# is 0226. Deposit it into one of the following Pace Accounts:
- Annual Fund, AX6 054658
- Pace Capital Campaign, AX6 054666
- At the time of transfer, it is very important that your broker provide the details to the bank representative, Meredith Wilis, at 404-926-5329 or meredith.willis@SunTrust.com.
- To insure that the stock is properly accounted for, ALSO AT THE TIME OF TRANSFER, have your broker contact Debra Mann at Pace Academy, 404-240-9103 or dmann@paceacademy.org, regarding the stock transfer.
Please note, for tax purposes the gift is valid at the average of the high and low price on the day the shares are delivered or transferred to Pace Academy. |
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Year-End Giving Deadlines If you are making an end-of-year gift to Pace Academy or completing your Annual Fund pledge, please be aware that the last day of the year the Advancement Office will be open is December 31. We will be open until 1 p.m.
If you are sending securities electronically, please make sure Pace has received the transfer by December 31. In order for your gift to be deductible on your federal income tax, the gift must be in the Advancement Office by the end of the day on December 31, or, if mailed, the envelope must be postmarked on or before December 31.
Thank you for your support of the Annual Fund. |
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Pace Academy is committed to honoring and protecting our donors’ privacy, including any personally identifiable information. Pace does not and will not sell or trade donors' information with outside parties.
If you have questions about this donor privacy policy or if you wish to be removed from our mailing/e-mailing list, please email advancement@paceacademy.org or call Debra Mann at 404-240-9103.
Donors are advised to consult with their own legal, tax and estate planning professional when considering donations other than cash. This information is general in nature and should not be construed or relied upon as tax or legal advice. |
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