There are almost as many ways to invest in Brother Rice High School as there are reasons to support it.
The following options can, perhaps, be beneficial to the donor, as well as to Brother Rice.
I. One-Time Gifts
*always check with your CPA on matters affecting your taxes, Brother Rice does not provide tax advice*
Gifting shares of appreciated securities directly to Brother Rice is simple, provides a tax benefit to you and aids the school in our mission. You can transfer shares electronically from your brokerage account, or deposit physical stock certificates to fulfill your wishes of donating funds to Brother Rice High School.
HOW TO PROCESS ELECTRONIC GIFTS OF SECURITIES
Transferring publicly traded securities to Brother Rice is simple. If your investments are held at a brokerage firm, simply contact your investment firm & inform them of the name and quantity of stock you wish to gift and ask them to “deliver free” the shares to DTC #0015, Morgan Stanley, credit account number 628-XXXXXX*, Brother Rice HS. That will complete the electronic transfer for you. Please tell Mike McShane @ BR about your gift.
*Our account is with Dan Hack, $enior VP – Wealth Management at Morgan Stanley in Chicago. Please call or email him directly for Brother Rice’s account number@ 312.917.7538, or dan.hack@morganstan ley.com
For tax purposes, your gift will be valued on the date the transfer to the school is completed. For your records, our tax-exempt federal identification number is 36-2345181.
HOW TO GIFT WITH PHYSICAL STOCK CERTIFICATES
Another means of gifting stock where a physical certificate is held by the owner is to sign the certificate over to Brother Rice by endorsing the certificate and completing a transfer of ownership form. To find out more about properly handling this process, please contact Dan Hack, at 312.917.7538 or email@example.com.
ASK DAN FOR HELP WITH OTHER WAYS OF GIVING
You may also donate to, and help the school, as follows:
Naming Brother Rice as an IRA or Retirement Plan Beneficiary
Name Brother Rice as a beneficiary of a Life Insurance policy
Real Estate donation
Personal Property donation
Donor Advised Funds
Gifts from an Estate or Trust
Matching gifts from employers
Grants from Foundations
II. Planned Giving
Making a contribution by using a planned gift is becoming increasingly popular. Through careful gift planning, alumni, alumni parents, and friends have discovered that they can have a more significant impact on the future of Brother Rice than otherwise thought possible. A thoughtfully chosen gift method can also allow our benefactors to meet their own needs and responsibilities while, at the same time, ensure the strength of Brother Rice.
Established in 1994 in celebration of 150 years since the founding of the Christian Brothers, the Edmund Society for Planned Giving was initiated. This is a special society to recognize those who have the foresight to provide for the long-term future of Brother Rice by choosing a planned gift method. A planned gift is one that is not an outright gift of cash, but is a deferred gift or a gift that involves special tax considerations. Included are commitments through bequests, trusts, gift annuities, insurance policies, or gifts involving securities, real estate, or gifts-in-kind. The planned gifts may be designated for the endowment, or unrestricted uses as directed by the Board of Directors and the Administration.
For further information regarding an investment in Brother Rice, please contact Mike McShane ’87 at 773-429-4343 or Brian Badke ’92 at 773-429-4477 in the Development Office. Our legal title is Brother Rice High School, Inc.