There are several ways to make your contribution to CCS, and we’ve outlined a few below.
- Cash Donations (can be made via check or online)
- Tax-Conscious Donations
- Donating Stock – a gift of stock may provide more benefits than a cash gift. When you make a gift of stock to Charleston Collegiate School, you eliminate the capital gains that would be due upon selling the stock AND receive a charitable tax deduction for the full market value of the stock.
- Give from a Donor-Advised Fund (DAF) – you may have already received a charitable tax deduction for your gift of securities to the DAF. Now, you can request a grant from the DAF sponsor to support Charleston Collegiate School and fulfill your charitable goals.
- Qualified Charitable Distribution (QCD) – if you are at least 70 ½ years old, you are eligible to contribute up to $105,000 in 2024 ($210,000 for married couples) directly from your IRA. Since the money is a direct transfer from your IRA to Charleston Collegiate School, it never passes through your hands, and therefore you avoid the added taxable income (possible higher tax brackets) that comes with the IRS’s Required Minimum Distributions (RMD).
Stock Transfer Information
The following information is necessary to complete your stock transfer:
Edward Jones
Broker: Charles Williams
Account Name: Charleston Collegiate School
Account #: 49006670-1-7
DTC #: 0057
Charleston Collegiate Tax ID#: 57-0524957
If you or your broker have additional questions, please contact Charles Williams with Edward Jones at (843) 795-9858 or Charles.Williams@EdwardJones.com or Tracey Crim, Sr. Business Office Administrator at Tracey.Crim@EdwardJones.com.