Ways to Give to Oak Lane

Won't you consider a donation to Oak Lane? Please contact the Development Office for more information.

Gifts by Cash, Check or Credit Card	There is no easier way to support Oak Lane than by writing a check. Your gift has an immediate impact on the daily life of the school, and is fully deductible to the full extent of the law. Make your check payable to Oak Lane Day School, and send it to 137 Stenton Avenue, Blue Bell, PA 19422. Oak Lane also accepts Master Card and VISA credit card donations.
Pennsylvania Educational Improvement Tax Credit (EITC) Program	The PA Commonwealth gives businesses ("C" Corporations) tax breaks for contributions made to schools, including Oak Lane Day School. A “win-win” situation for all involved, the tax credit program involves companies making one or two year donations (75% tax credit for one year and 90% tax credit for two years), with a maximum tax credit of $100,000 each year. Tax Credits may be applied against the tax liability of a business for the tax year in which the contribution was made. More information can be found on the internet at http://www.newpa.com/programDetail.aspx?id=62, or check with your tax attorney.
United Way Donations	Oak Lane qualifies as an eligible organization for United Way's Donor Choice Program. If anyone in your household contributes to United Way through their place of employment, consider designating this gift to Oak Lane through the Donor Choice Program. Oak Lane's Donor Choice I.D. is # 056712. You must fill this in on the Donor Choice form.
Corporate Matching Gifts	Oak Lane Day School benefits from donations that are matched by corporate matching gift programs. Matching gift forms can be obtained from a personnel office or human resources department, and can confirm Oak Lane Day School’s status as a qualified recipient of their funds. The donor fills out part of the form, and sends it to Oak Lane along with the gift. We will take care of the rest.
Gifts of Appreciated Securities	A gift of appreciated securities can bring the donor greater tax savings than a gift of cash. If you donate stock that you have held for more than one year, you will receive a tax deduction equal to the fair market value of the securities on the date the school receives the stock. You are not required to pay a capital gains tax on the appreciation. Please consult your attorney, accountant or tax advisor for assistance with your philanthropic plans.
Giving from your Individual Retirement Account (IRA)	If you are over the age of 70.5, you may want to consider making a gift to Oak Lane directly from your IRA. As part of the Pension Protection Act of 2006 and available until December 31, 2007, Congress has made it possible to make tax-free charitable gifts from your IRA. Giving this way will ensure that these funds will not be subject to income or estate tax.
Bequests	A bequest is a donation of cash, personal property, or real estate provided in the donor’s will to a non-profit institution (such as Oak Lane Day School). It involves no immediate loss of capital or income, and tax benefits minimize the ultimate cost on one’s heirs. Charitable bequests are deductible for federal estate tax purposes on the donor’s estate tax return.
Trusts	A trust arrangement enables you to make a major gift to Oak Lane during your lifetime and permits you to receive income from cash, securities, or other property involved. At the same time, you will receive an immediate charitable deduction on your income tax, and capital gain, if any, is exempt from capital gains tax. Exact exemptions and deductions will vary according to individual situations.
Endowment	Gifts to endowed funds are placed in a permanent fund where the principal is invested and only the earned income is spent. Endowment income is used to support scholarships, faculty and staff pension, financial assistance to deserving students, and institutional planning. Individuals may make a gift of any amount to Oak Lane's established endowment funds. These currently are: The Thelma F. Baily Memorial Fund, the Board Faculty Scholarship Fund, the Anita Mednick Memorial Fund, the Armand Mednick Chair for Art, the Paula Schaefer Memorial Fund, the Carl Edward Schuenemann Memorial Fund, the Simmon Seder Scholarship Fund, and the Faculty Retirement Fund. Donors may start a named endowment with a minimum gift of $10,000.

OAK LANE IN THE NEWS...

OAK LANE "FAST FACTS"...

AFFILIATONS & RESOURCES...

PARENT PAGE...

Home | About | Academics | Admissions | Alumni | Calendar | Development | Summer Camp | Contact Us