Invest

Designate Cole Valley Christian Schools as the beneficiary of your asset by will, trust or beneficiary designation form. A charitable bequest is one of the easier and flexible ways that you can leave a gift to the school that will make a lasting impact. 
 

You may be looking for a way to make a lasting difference to help further the mission and vision of Cole Valley Christian Schools. If you are 70.5 years or older, an IRA charitable rollover is a way you can help continue our work and benefit the school this year and in years to come. 

Designate Cole Valley Christian Schools as a beneficiary of your retirement, investment, bank account, or your life insurance policy. This is a simple and yet affordable way to make a gift in support of Cole Valley Christian’s mission. 

 With this charitable trust strategy, you can fund the trust with a variety of appreciated assets: cash, marketable securities, real estate, business interests, and personal assets. The trust sells your property tax free; you receive a charitable tax deduction to reduce your personal income tax and the trust provides you and/or your family with income for life or for a set term of years. 

***Charitable remainder annuity trusts (CRATs) distribute a fixed annuity amount each year, and additional contributions are not allowed.  Charitable remainder unitrusts (CRUTs) distribute a fixed percentage based on the balance of the trust assets (revalued annually), and additional contributions can be made. 

With this vehicle, you fund an irrevocable trust that makes a gift to Cole Valley Christian Schools for a number of years.  Your family or other beneficiaries receive the trust remainder at substantial tax savings. 
 

Cole Valley Christian Schools will accept marketable securities in any amount.  It is the policy of the school to sell marketable securities upon receipt.  Exceptions to this rule may be (1) gifts from donors (for example significant stockholders, officers and directors) for whom there may be security law restrictions on prompt sales, and (2) the marketability of the stock given.  The School will give the donor credit for the mean trading price of the security as of the date of receipt.  Gifts of marketable securities will be acknowledged by the name of the issuer, the number of shares received and the date the school receives the shares.  Determination of the charitable deduction value of the gift is the donor’s responsibility.   

Cole Valley Christian Schools may accept an outright gift of real estate or a remainder gift in real estate provided that the value is significantly in excess of any mortgage and that it is established that the real estate is immediately salable – unless the property is be used by the School – and that the interim ownership of the property by the School will not create the risk of imposing liability under federal or state environmental, housing, or other relevant law.  Gifts of Real Estate are subject to review by the Gift Acceptance Committee.  No gift of real estate that would jeopardize the School’s tax-exempt status or impose an undue burden of any kind will be accepted.  All property should be free and clear of any legal, environmental or marketability problems unless the property is to be used by the School.  The cost of any reviews, appraisals, inspections, or audits required to establish the acceptability of the property will generally be an expense of the donor.

Before considering whether to accept a gift of real property, Cole Valley Christian Schools will have a professional with real estate experience make a site visit to obtain a current market value appraisal, conduct an initial environmental review, and note any potential problems to the properties immediate salability unless it is determined that the property is to be used by the School.

After determination that the gift of real estate is acceptable, Cole Valley Christian Schools will undertake the immediate sale of the property in most cases and the donor will receive a credit for the cash realized from the sale.  Cole Valley Christian Schools will receipt the gift in accordance with IRS requirements to describe the property given and the date the property was received.  The receipt will not value the property given.  The charitable deduction valuation is the responsibility of the donor.  An independent appraisal of the fair market value of the property by a qualified professional is required by the IRS within 60 days of the donation.  This appraisal is an expense of the donor. 

Cole Valley Christian Schools may accept outright gifts of tangible personal property, such as art, antiques, furniture, and automobiles if the property is useful to the educational or athletic programs or it is readily salable.  Any appraisal of fair market value of the property will be at the expense of the donor.  Cole Valley Christian will receipt the gift in accordance with IRS requirements to describe the property given and the date the property was received.  The receipt will not value the gift property.   The charitable deduction valuation is the responsibility of the donor.