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Together we can remove barriers so students have the resources needed to move forward

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Donate by Check

Please make your check payable to: Bound for College, Inc.

MAIL TO:
Bound for College Inc.
1686 S Federal Highway #297
Delray Beach, Florida 33483

OTHER WAYS TO GIVE

DONOR-ADVISED FUNDS

Benefits of establishing a donor-advised fund (DAF).

When you establish a DAF with your financial institution or community foundation:

– You receive a tax deduction for the year in which you contribute to your DAF.

– You have the flexibility to grant specific amounts to the charities of your choice at a later date.

How to give to Bound For College, Inc. through a DAF.

You can recommend a grant to Bound For College, Inc., along with the amount of the grant, in the following ways:

– Contact your financial institution or foundation.
The grant will arrive at Bound For College, Inc. with only the institution’s name and address on it unless you request otherwise.*

– Call your philanthropic advisor or fund manager.
A check from your fund will be sent directly to Bound For College, Inc..*

*Please request for your name and address to be included. We recommend that you contact Bound For College, Inc. to inform us of your gift, so we can thank you for your generosity.

When granting through your donor-advised fund, please include the following information:

Tax ID
Bound For College, Inc.
45-4916115

Mailing Address
Bound for College, Inc.
1686 S Federal Highway #297
Delray Beach, Florida 33483

Already have a DAF?

Recommending a grant to Bound For College, Inc. is easy and convenient by following the two steps listed below:

STEP 1 – Please notify us in advance of your grant recommendation so that we can alert our accounting department. You may inform us of your intent to support the general mission of Bound For College, Inc. or of a specific designation. Contact us by phone at (561) 819-9907, or by email at info@weareboundforcollege.org or by mail at:

Bound For College, Inc.
Attn: Donor Services
1686 S Federal Highway #297
Delray Beach, Florida 33483

STEP 2 – Inform your donor-advised fund administrator. Please provide the following information to the institution that manages your DAF:

Bound for College, Inc.
1686 S Federal Highway #297
Delray Beach, Florida 33483

Bound For College, Inc. is a not-for-profit 501(c)(3) organization. Our Tax ID is 45-4916115

Current organizations we are registered with to receive grants via Electronic Funds Transfer (EFT).

– Benevity

– Fidelity Charitable

– Schwab Charitable

– Vanguard Charitable

IRA CHARITABLE DISTRIBUTION

Gifts from your IRA.

If you are 70½ or older, you can use your IRA to fulfill your charitable goals. Ensure our future with your annual Required Minimum Distribution. By making a Qualified Charitable Distribution to Bound For College, Inc., you are building a legacy of support that will last for generations.

Benefits of an IRA charitable distribution.

You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. A qualified charitable distribution (QCD) is a way you can help continue our work and benefit this year.

Some benefits of an IRA charitable distribution are:

– Avoid taxes on transfers of up to $111,000 from your IRA to our organization

– May satisfy your required minimum distribution (RMD) for the year

– Reduce your taxable income, even if you do not itemize deductions

– Make a gift that is not subject to the deduction limits on charitable gifts

– Help further the work and mission of our organization

How an IRA charitable distribution works.

– Contact your IRA plan administrator to make a qualified charitable distribution (QCD) to us.

– Your IRA funds will be directly transferred to our organization to help continue our important work.

– Please note that qualified charitable distributions do not qualify for a charitable deduction.

– Please contact us if you wish for your gift to be used for a specific purpose.

DONATE STOCK

Benefits of donating stock.

Donating appreciated stock is a powerful way to support our mission while maximizing your tax benefits. When you contribute securities held for more than one year, you may avoid capital gains tax on the appreciation and receive a charitable deduction for the full fair market value of the asset. Deductions are subject to IRS limits based on your adjusted gross income; your tax advisor can help you determine the full benefit.

How to donate stock.

– Choose Your Assets.
Select stocks or mutual funds that have been held for more than one year to take full advantage of potential tax savings.

– Initiate the Transfer.
Contact your broker and provide instructions to transfer the shares directly to our brokerage account.

– Notify Our Team.
Please let us know when you have initiated your transfer, including the stock name, number of shares, and your contact information. This helps us properly identify and acknowledge your gift, as electronic transfers may arrive without donor details.

– Keep Records for Your Taxes.
Retain documentation of your donation, including the date of transfer and fair market value, for your tax records.

Please consult your tax advisor or financial planner to confirm how a stock gift fits your individual situation.

BEQUESTS

Benefits of a bequest.

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to Bound For College, Inc. that will make a lasting impact. Some benefits of a bequest are:

– Receive an estate tax charitable deduction

– Reduce the burden of taxes on your family

– Leave a lasting legacy to charity

How a bequest works.

A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Bound For College, Inc. as part of your estate plan, or you can make a bequest using a beneficiary designation form.