Cash

Some of the most common ways to make a gift to Ransom Everglades School are to write a check, make a gift using a credit card, or donate online.

A gift of cash could be right for you if:

 

  • You want the easiest way to donate to Ransom Everglades.
  • You want the largest possible income tax charitable deduction for your gift.
  • You would like to make the gift to Ransom Everglades that has the greatest immediate impact.

How It Works

You make a gift of cash directly to Ransom Everglades and you receive an immediate income tax charitable deduction.

How Your Gift Helps

Your gifts to Ransom Everglades help to secure our future as one of the premier independent schools in the nation. It will provide Ransom Everglades with the resources to…

How Your Gift Helps How Your Gift Helps How Your Gift Helps
hire and retain passionate educators who continue to inspire our students; integrate emerging technologies into all aspects of the learning process; ensure that a RE education is within reach of all students.

 

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What is an outright gift of cash?

An outright gift of cash is when you transfer funds to Ransom Everglades School and get nothing of financial value in return. The most common way for donors to make an outright gift is to write a check payable to Ransom Everglades School.

Gift provides immediate support

Unlike some other gift arrangements, your outright gift will provide resources that Ransom Everglades can put to immediate use. If you prefer to restrict our use of your gift in any way, please contact us so that we can be sure that we can carry out your wishes.   

Maximum tax savings

You may deduct the full amount of your donation up to 50% of your adjusted gross income, providing tax savings if you itemize. You may carry forward all of your unused deduction for up to five additional years.

Ways to give cash

Most donors make an outright gift by writing a check payable to Ransom Everglades School and mailing it to us. You may also make a cash gift using your credit card.

Example

Ruth Dolan would like to make an immediate $15,000 gift to Ransom Everglades School. Ruth could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Ruth could make a gift using her credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and gifts made via credit cards are considered cash gifts.

Benefits

  • Ruth may deduct up to 50% of her adjusted gross income for her gift of cash, providing tax savings if she itemizes.
  • If Ruth itemizes deductions but cannot use the entire deduction in the year of gift, she may carry the balance forward for up to five additional years. 
  • Assuming Ruth itemizes deductions and can use her entire income tax charitable deduction of $15,000, she will save her $5,550 (37% tax).
  • Ruth will gain the satisfaction of making a $15,000 gift to Ransom Everglades.

 

Founded in 1903, Ransom Everglades School is a coeducational, college preparatory day school for grades 6 - 12 located on two campuses in Coconut Grove, Florida. Ransom Everglades School produces graduates who "believe that they are in the world not so much for what they can get out of it as for what they can put into it." The school provides rigorous college preparation that promotes the student's sense of identity, community, personal integrity and values for a productive and satisfying life, and prepares the student to lead and to contribute to society.