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Each year we ask friends to give generously. Their response is heartening to all the students -- and to everyone who shares our passion for changing lives.
It's an ongoing challenge to keep expenses down while providing an education that truly helps the kids to succeed.
Ways to give to CHK include:
Online giving is a convenient way to make a gift with a credit card.
So we ask you for whatever financial help you can give, whenever you can give it.
The hope for tomorrow's student is today's contribution.
To learn more about ways of giving to CHK, please contact Patti Habersaat, Director of Capital Campaign & Development at 845-331-1448, ext. 1155, or Gwen McCann, Executive Directoror at ext. 1122
Online Giving
To give a gift online, please contact us
Gifts of Cash
A gift of cash is the easiest way to make a donation to CHK. It is the most common and is tax deductible, if you itemize in the year of contribution, up to 50% of your adjusted gross income. Any excess deductions can be carried forward for the next five years. Types of cash contributions include: annual or year-end gifts; "In Memory of" or "In Honor of" gifts; and "In lieu of flowers" gifts.
Appreciated Securities
Stocks and publicly traded securities are easy to give and offer great tax advantages. Stock can be transferred electronically or mail us the stock certificate and a signed stock power for each certificate. Appreciated securities that you have held for more than one year should be transferred directly to CHK. By doing this, you will pay no capital gains tax on the transaction and you can deduct the full fair market value which is calculated by averaging the high and low share price on the gift date. If you are holding stock that has decreased in value, sell the stock yourself to realize the loss and take the deduction for tax purposes. You can then make a gift to CHK and take the charitable contribution deduction.
Life Income Gifts
A Charitable Lead Trust provides current income to CHK while sheltering your heirs' inheritance from taxes. Income generated from the assets placed in trust is paid to the school for a period of years, after which the property is transferred to your heirs at a substantial tax savings. A Charitable Remainder Trust irrevocably transfers cash, securities, or property to a trust for the benefit of CHK. The donor or designated beneficiary receives a fixed dollar amount or percentage of the assets at least annually for life or for a fixed term up to 20 years. Upon death, or the end of the term, the trust terminates and the assets are transferred to CHK.
Life Insurance
Do you have life insurance policies that are no longer needed? You may either name CHK as the beneficiary or donate a policy to us. If you give a paid policy, you can receive an income tax deduction equal to the lesser of the cash value of the policy or the premiums paid. To qualify for a federal charitable contribution deduction on a gift of an existing policy, you must name CHK as owner and beneficiary.
Foundation Gifts
With a gift in your will, you can be part of the education of future generations. Bequests permit donors to commit assets which they might need during their lifetimes. You can bequest a percentage of your estate, a fixed dollar amount, or specific personal property.
Other Assets
There are other vehicles by which you can make a significant future gift to CHK while retaining, or in many cases increasing, the income you receive from the asset used to make the gift. For more information on these and other ways to give, please contact Patti Habersaat, Director of Capital Campaign & Development at 845-331-1448, ext. 1155, or Gwen McCann, Executive Directoror at ext. 1122
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