USN offers end-of-year giving tips
Maximize your 2021 tax benefit while supporting USN by Friday, December 31.
By Anne Westfall, Director of Development
As we approach the end of 2021, we have a few tips to maximize your tax benefit at the end of the calendar year. Below you'll find important giving information regarding appreciated securities, donor-advised funds, and IRA-qualified charitable distributions to make donating to University School of Nashville as easy as possible.
Tips for Charitable Donations of Stock
As we approach the end of 2021, we have a few tips to maximize your tax benefit at the end of the calendar year. Below you'll find important giving information regarding appreciated securities, donor-advised funds, and IRA-qualified charitable distributions to make donating to University School of Nashville as easy as possible.
Tips for Charitable Donations of Stock
- Allow ample time for instructions to be carried out by your broker.
- The date for a gift of stock is the date the stock is received in USN's account. According to the IRS, the date you give your broker the instructions does not qualify as the date you gift your stock.
- Many stock donations are made at the calendar year-end. Please notify USN, or have your broker notify USN, of stock gifts so that we may track those gifts and ensure that they arrive in our account by Friday, December 31.
- To inform us of an incoming gift, please contact Development Director Anne Westfall at 615-277-7495.
- To make a gift of Depository Trust Company eligible securities using USN's broker, please follow these instructions:
Forward to your broker a letter of instruction, including the specific name and number of the securities you are giving, requesting that the securities be transferred via Depository Trust Company to:
Raymond James & Associates
Contact Person: Joe Gallivan, 615-645-6728
DTC #0725
Account #13503823, University School of Nashville
Raymond James & Associates
Contact Person: Joe Gallivan, 615-645-6728
DTC #0725
Account #13503823, University School of Nashville
Donor Advised Funds (DAF)
A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to University School of Nashville. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts. Contact your fund administrator to request a distribution form or download the form from their website.
IRA Qualified Charitable Distribution
Here is a special opportunity for those 70½ years old and older. You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as University School of Nashville without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.
Please consult with your tax advisor or an attorney to determine full deductibility of your gift. If you have any questions or need additional information, please contact us. Thank you for your continued and generous support of USN.
More USN News
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Read Across USN Week is January 9-16
Librarians invite the USN community to celebrate Read Across USN Week from Friday, January 9 through Friday, January 16 and read 300K pages. Click here to volunteer during Community Night in the Hassenfeld Library, when we celebrate this week of literacy 3:30 to 5 p.m. Thursday, January 15.Read More -
MS Quiz Bowl team heads to national championships
The Quiz Bowl team traveled to Bowling Green, Kentucky, to face several top teams from across the country at this year's South Warren Tournament. USN's second-place finish earned the team an invitation to the National Academic Quiz Tournaments' National Championships in May.Read More -
Alumni return to share insights with students
Read MoreIn an inspiring new initiative, USN's health care career spotlight, organized by Ruchika Ramachandran ’27 and Yvonne Wang ’27, brought a wealth of alumni back to the school for an evening of shared expertise and personal stories. This first-of-its-kind event was a great example of the power of connection, mentorship, and community evident throughout the USN community.
Contact
Edgehill Campus
2000 Edgehill Ave.
Nashville, TN 37212
Phone: 615-321-8000
Fax: 615-321-0889
Email: info@usn.org
River Campus
1200 County Hospital Road
Nashville, TN 37218
2000 Edgehill Ave.
Nashville, TN 37212
Phone: 615-321-8000
Fax: 615-321-0889
Email: info@usn.org
River Campus
1200 County Hospital Road
Nashville, TN 37218
USN Mission:
University School of Nashville models the best educational practices. In an environment that represents the cultural and ethnic composition of Metropolitan Nashville, USN fosters each student’s intellectual, artistic, and athletic potential, valuing and inspiring integrity, creative expression, a love of learning, and the pursuit of excellence.
University School of Nashville models the best educational practices. In an environment that represents the cultural and ethnic composition of Metropolitan Nashville, USN fosters each student’s intellectual, artistic, and athletic potential, valuing and inspiring integrity, creative expression, a love of learning, and the pursuit of excellence.