This can remove highly appreciating assets from your estate. You can create your own scholarship either as a memorial or to advance a particular educational career objective. With the Fund, you can create your own scholarship either as a memorial or to advance a favored educational or career objective. You can also name the Scholarship Fund as a beneficiary of a life insurance policy, IRA or annuity or other retirement account. Please notify us when stocks or securities are being transfered so we can acknowledge the gift immediately.
All contributions are deductible for income tax purposes as provided by law.
Gifts of securities which have appreciated in value offer additional tax advantages to the donor and are most welcome. Please note that some gifts may not be readily converted for the financial benefit of the charity or used for the purpose of the charity. This will affect the amount that can be deducted for income tax purposes. Further, certain gifts may have potential liability, which cannot be accepted. The Scholarship Fund of Alexandria will be happy to discuss any intended gifts with you.