Ways to Give to AICA
Outright Gift: You can make a gift of cash, stocks, bonds, real estate or other assets to Aquidneck Island Christian Academy. An outright gift provides an immediate benefit to Aquidneck Island Christian Academy as we seek to build our own campus. Gifts of cash are tax deductible in the current year (up to 50% of your adjusted gross income with a five-year carryover of any unused portion) if the gift is received by December 31st.
Gift of Life Insurance: Life Insurance provides a simple way to give to AICA with tax benefits that you can enjoy during your lifetime.
Gift of Real Estate: Making a charitable gift of real estate can help you turn your property gains into community good while providing financial and tax benefits.
Bequest of Will: A charitable bequest in a will is a simple way for you to make a lasting gift to the future of AICA. When you make this gift, we establish a special fund that benefits the community forever and becomes your personal legacy of giving.
Gift of Retirement Plan Assets: You may choose to designate undistributed assets in qualified retirement plans to AICA. If you are age 70 ½ or older, you may donate these undistributed qualified plan assets to AICA tax free (if done before December 31, 2007)! Click below to make a secure donation using PayPal.
Charitable Gift Annuity: This option allows you to arrange a generous gift to AICA, while providing a new income source for you to count on for the rest of your life.
Charitable Remainder Trust: A CRT allows you to receive income for the rest of your life, knowing that the remainder of this gift will benefit the school community tax free.
Charitable Lead Trust: Helps you to build a charitable fund during the trust’s term. When the trust terminates, the remaining assets are transferred to you or your heirs, often with transfer tax savings.
Matching Corporate Gifts: Many employers are willing to match your charitable gifts. This multiplies the effect of your giving. Ask your personnel office for the appropriate form to include with your gift. Click here for a list of companies that have a matching gift program.