The British Schools and Universities Foundation Inc (BSUF)* provides a tax-effective means for US donors to support British educational institutions. Donors may express a preference to support the Dragon as a BSUF Approved Institution and gifts can be made in a number of ways.
Cash gifts can be made to the Foundation expressing support for the Dragon. Cheques should be made payable to BSUF and postmarked on or before December 31st to qualify for a current-year tax deduction. Cheques and an accompanying Donor Transmittal Form should be sent to:
British Schools and Universities Foundation Inc
575 Madison Avenue, Suite 1006
New York, NY 10022-2511
Giving marketable securities to the BSUF can bring significant tax benefits - see How to Give Securities to the BSUF.
A Charitable Remainder Unitrust designating BSUF as remainder beneficiary affords the donor an immediate charitable tax deduction in the year the trust is created. The trustee pays the donor income during his/her lifetime or that of any other living non-charitable beneficiary the donor may designate. At the death of the income recipient, the trust passes on to the BSUF as charitable donee: donors may express a preference for the Dragon.
Individual Retirement Accounts (IRAs) can be made much more tax efficient by naming the BSUF as a beneficiary with an expression of preference for the Dragon. This relieves the Estate of the Distribution and Income Taxes levied by most State governments and also of part of the regular Estate tax.
Bequests - A provision may be made in your Will or Trust bequeathing money to the BSUF. The Suggested Bequest Form below is intended only as a provision in a full Will or Trust containing all appropriate articles:
I bequeath the sum of ..................dollars to British Schools and Universities Foundation, Inc. a charitable organization under section 501(c) (3) of the US Internal Revenue Service Code, and incorporated at 575 Madision Avenue, Suite 1006, New York, NY 10022-2511. Further I express a preference that the Foundation consider granting aid to the Dragon School, Bardwell Road, Oxford, OX2 6SS, England.
Kindly note that the BSUF urge you to kindly send a completed copy of the Donor Transmittal Form with your donations to help them administer the donation according to your wishes.
*British Schools and Universities Foundation, Inc. has been approved by the United States Treasury Department as an exempt charitable organization under Section 501(c)(3) and is classified as a domestic charity as defined in Sections 509(a)(1) and 170(b)(1)(A)vi) of the Code.