An individual has many options as to how to make a gift to Wayland Academy. The most common is the outright gift of cash, securities, stock, real estate and personal property. These gifts are most often fully tax deductible.
Cash Gifts
Gifts of cash are most often made through a single payment by check, credit card or payroll deduction. Wayland also receives cash gifts through pledge payments. Payments of pledges may be established in a number of ways including monthly, quarterly, semi-annually or even spread out over several years. In most instances, cash gifts are unrestricted in nature, thus enabling Wayland the flexibility to utilize the gifts to meet the school's most immediate needs.
Stocks or Securities
Many individuals each year give Wayland stock or appreciated securities. These gifts offer the donor the opportunity to realize significant tax advantages. In addition, gifts of appreciated securities often allow a donor to make larger gifts than they could otherwise afford. Gifts of securities may be made to Wayland by contacting Kelly Neuert at 920-885-3373 ext. 244.
Real Estate
Real Estate may be given to Wayland Academy through the gift of any standard form of warranty deed or acceptable quitclaim deed. An outright gift of real estate offers the donor a charitable tax deduction for the fair market value of the property.
Gifts of Personal Property
Donors may give Wayland a variety of personal property such as computers, books, art and furniture that can be used in our educational mission. This type of outright gift is often known as a gift-in-kind. Donors and their tax advisors assign a value to the donated property for tax purposes.