FAQ
Answers to commonly asked questions about
alumni
contributions.
- How can I donate to the Annual Fund Campaign?
You have two options -- make an online donation via credit card or
a traditional donation via check. To make an online donation, just
click the "Donate Online" button on the left. For donations by
check, click the "Donate by Mail" button on the left, print out the
donation form and mail it in along with your check (made payable to
"Lowell Alumni Association") to the address shown on the form.
- Are donations to the Lowell Alumni Association
tax-deductible?
Yes, to the full extent allowed under federal law. The Lowell
Alumni Association is recognized as a 501(c)(3) tax-exempt
organization by the IRS.
- What is the Lowell Alumni Association's federal tax
identification number?
94-6125408
- Does the Lowell Alumni Association qualify to participate in
my employer's matching gift program?
Although the answer to this question depends upon the particular
rules of your employer's program, the Lowell Alumni Association
receives numerous corporate matching gifts each year. Matching
gifts have recently been received from the following corporations:
Adobe Systems, Bank of America, Boeing, Charles Schwab & Co.,
ChevronTexaco, Cisco Systems, Dolby, Edison International, Gap
Inc., McDonald's, Merrill Lynch, Nike, PG&E, Philip Morris,
Providian Financial, SBC, Wells Fargo and others.
- Can I donate stock/securities to the Lowell Alumni
Association?
Gifts of appreciated securities, stocks and bonds are a great way
to support Lowell High School while reducing your taxes. The
process for making a stock gift is easy: Gifts may be transferred
directly by your broker to our brokerage account or certificates
may be given to the Alumni Association. For more information about
making a gift of stocks and securities, please contact the Lowell
Alumni Association at (415) 759-7830 or
lowellaa@lowellalumni.org
Yes, several alumni each year donate stock/securities to the LAA. [Note that there are special tax advantages involved in donating appreciated stock/securities.] To donate stock/securities, have them transferred to the following account:
Lowell Alumni Association
Account number 2375-1964
Charles Schwab & Co., Inc.
Phoenix Operation Center
PO Box 52114
Phoenix, AZ 85072-2114
Additionally, the DTC (Depository Trust Company) number for such transfers is 0164 and, if asked, the code number is 40.
You should also be sure to contact the Lowell Alumni Association, at (415) 759-7830 or lowellaa@lowellalumni.org, to let us know that you have made a transfer, in order to assure appropriate acknowledgment for your donation.
- Does the Lowell Alumni Association accept credit card
donations?
Yes, you can now make an online donation using your Visa,
MasterCard or American Express Card. Just click here.
- Can I designate my gift for a specific program or
purpose?
Yes, donors may certainly do so, but keep in mind that unrestricted
donations to the LAA allow us to direct alumni dollars to those
uses that provide the greatest benefit to Lowell's students.
- If I wish to endow a permanent fund with the Lowell Alumni Association, should I designate my gift to establish a scholarship fund?
Although many generous alumni donors have endowed college scholarships through the LAA (often in honor of or in memory of a husband, wife or classmate), the LAA hopes to encourage future donors to consider other options that would benefit Lowell students while they are enrolled at Lowell. Examples include endowed funds to benefit a particular academic department or program or endowed scholarship funds supporting summer study opportunities for students during their tenure at Lowell. To discuss these and other options, contact the LAA at (415) 759-7830 or lowellaa@lowellalumni.org.
- Who should I speak with if I want to make a planned gift
(bequest, charitable gift annuity, etc.) to the Lowell Alumni
Association?
Contact the LAA at (415) 759-7830 or lowellaa@lowellalumni.org and
we will be happy to work with you and your financial or legal
advisor regarding planned giving opportunities.
If you would like to learn about other giving opportunities,
please contact the LAA at (415) 759-7830 or
lowellaa@lowellalumni.org. |
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