EHS Guide to Giving

EHS Guide to Giving The ongoing support of our entire community, past and present continues to shape the foundation for what EHS has proudly become today. Thank you for your faith in the Mission of Episcopal High School.

Charitable Tax Saving Opportunities Expiring Next Year 1. For individuals claiming the standard deduction, individuals can claim a charitable deduction up to $300 ($600 for married filing jointly) for cash donations during 2021.

2. For individuals who itemize deductions in 2021, they can claim a charitable deduction up to 100% of their adjusted gross income (AGI) for charitable contributions made to EHS. 3. Corporations benefit from the increased charitable contribution limitation up to 25% of their taxable income for cash contributions made to eligible charities during 2021 calendar year.

Gifts of Appreciated Stock You may be eligible for a tax savings if the securities are gifted to EHS rather than selling the securities first and then using the proceeds to make a donation. Use the link to process the transfer of securities to EHS: https://www.ehshouston.org/uploaded/Letter_of_Transfer_for_Securities_Rev._062021.pdf Matching Gift Many corporations match employee contributions dollar for dollar (or more.) The company match will be credited to you, and you will receive donor recognition for the total amount. Visit the donate page to see if your employer offers a matching gift program. https://www.ehshouston.org/give/donate-now Donor Advised Fund Donor-advised funds are one of the easiest and most tax-advantageous ways to give to charity.

Company Merger or Sale Gift a portion of your stock to EHS prior to sale to reduce taxes and maximize results.

Qualified Charitable Distributions for IRA Required Minimum Distributions Donors who are 70 ½ or older, can utilize their IRA to make a charitable gift to EHS. A charitable contribution is sent from an IRA, directly to EHS. Downsizing Real Estate Gift all or a portion of your home to EHS prior to sale. Avoid capital gains, take a charitable deduction if you itemize.

Utilizing Life Insurance Policy 1. Simply transfer a paid up policy’s ownership to EHS and name EHS as the beneficiary.

2. If an individual makes an irrevocable gift of a life insurance policy to EHS, they may qualify for current-year income tax deduction. Each successive policy premium payment may also then become a deductible charitable donation.

The EHS development team can help facilitate any of the giving options. Please let us know how we can assist you, your financial advisor or accountant as you consider a gift to Episcopal High School.

Allie Nikolaisen: Chief Development Officer – anicolaisen@ehshouston.org or 713.512.3436 Margaret Young: Annual Fund – myoung@ehshouston.org or 713.512.3600 Mandy Loper: Auction – mloper@ehshouston.org or 713.512.5033 12/9/21