The Foundation board of directors encourages unrestricted gifts to support its sustaining endowment throughout the Share Your Pride campaign and the year. This enables the Foundation the flexibility to direct funds to the greatest need or impact.
Cash (in the form of personal checks, payroll deduction and credit cards) is the most popular type of charitable gift the SPSEF receives. Cash contributions may be tax-deductible. Checks should be made payable to SPSEF and mailed to Chris Stecklein c/o SPSEF, 800 E. Emma St., Suite 327, Springdale, AR 72764.
It is now easier than ever to support the mission of the Springdale Public Schools Education Foundation. If you wish to make a cash gift online, go to www.SPSEF.org and click the “Donations” menu button to fill out our donation form, then complete your payment information through our secure online payment system (major credit cards or PayPal). A receipt from the SPSEF board will acknowledge your gift.
A transfer of securities (stocks or bonds), held long term, to the Foundation allows you to make a gift and receive a charitable deduction equal to the full fair market value of the securities. You pay no capital gains tax on your gift, and neither does the Foundation.
Please contact Jerry Roberts 479.757.8531 or Scott Fiser 479.757.8540 of Arvest for assistance when transferring assets. You will want to donate the securities before selling the assets, as it may trigger a capital gains liability for you if the stocks are sold prior to a charitable transfer.
It may be possible to deduct the value of these securities up to 30 percent of your adjusted gross income. Any excess can be carried over for an additional five years, if necessary.
To encourage employees to make charitable gifts, many corporations agree to match personal donations with an equal or greater corporate contribution. Rules about the type of gifts that companies will match (cash, stock, property) vary.
To initiate a matching gift, complete your company’s matching gift form and send it along with your gift to SPSEF. We will complete the form, certifying that your gift was received and is eligible for matching gifts under your company’s guidelines. We will then forward the form to your company. After verifying the eligibility of the donor and SPSEF, the company sends a check to us.
You should check with your company’s personnel department to see if your gift qualifies for a corporate match.
Gifts in Your Will
A bequest to SPSEF can be especially beneficial if you wish to make a gift to benefit without diminishing the assets available to you during your lifetime. If you want to secure estate tax savings by reducing the size of your taxable estate, bequests to SPSEF may be deducted from your taxable estate in determining estate taxes.
With your attorney’s assistance, you can make a bequest simply by including bequest language in your will that describes your wishes regarding a gift to SPSEF.
Learn more about our Share Your Pride campaign: