Ways To Give

List of 9 frequently asked questions.

• Venmo and Paypal

  Venmo:
  @KiskiGiving
  
  Paypal:
  

• Capital Giving

  Those interested in learning more about and supporting the Capital Campaign should contact: Steve Szilagyi ’88, Associate Headmaster for Institutional Advancement at 724-639-8028 or steven.szilagyi@kiski.org.

• Planned Giving

  Click Here for Legacy Giving Information

• Named Scholarships

  View a list of scholarships
  
  If you are interested in creating or supporting a current Kiski scholarship, please contact Steven T. Szilagyi ’88, Associate Headmaster for Institutional Advancement, at 724-639-8029 or STEVEN.SZILAGYI@KISKI.ORG.

• Pledge

  A pledge is a way of stating your intention to make a gift while deferring the actual payment of the gift to a later, more convenient date or to make your gift through a series of installments. This is a great option for those who wish to give at a desired level without having to outlay a lump-sum gift. 
  
  Making a pledge is easy: simply complete our online giving form and choose "Pledge" in the Gift Type section or contact the Development Office either by phone (724-639-8029) or by email.

• PA Tax Credit Giving Program

  Pennsylvania’s Educational Improvement Tax Credit (EITC) and Special Purpose Entity (SPE) Programs.

• Matching Gifts

  Many corporations offer programs that provide matching funds for an employee's contribution to an eligible institution or nonprofit. Check with your human resources department to find out if your company has such a program or visit our Matching Gifts page to search for your organization. We'll be happy to help you fill out the paperwork.

• Gifts of Securities

  With a gift of securities, you may save taxes twice. First, you receive an immediate income tax deduction for the full fair market value of your securities; then, you may also avoid capital gains tax on the stock's value if it exceeds the purchase price. Should your securties have lost value you may sell the securities to claim the loss and then make a gift of the proceeds resulting from the sale.  
  
  There are some restrictions; please consult your financial / investment advisor before initiating a gift of securities. 
  
  To make a gift of securities, please provide your advisor with the following information: 
  
  

  Contact:          
  Debora Kuzmanko

  UBS Financial Services

  500 Grant Street, 46th Floor

  Pittsburgh, PA 15219

  Tel: (412) 665-9906 or (800) 605-3767

   

  To further credit of Kiskiminetas Springs School:

  General Fund Account:  #OJ-66422-OK

  Federal Tax EIN:  #25-0995765

   

  Please contact the Kiski Advancement Office stating your donation and note the number of shares of stock to be given.

   

  A gift of transferred securities is considered complete when it is received in Kiski’s account.

   

  Kiski will value the securities by averaging the high, low, and closing sale price on the date of your gift.  The averaging can cause the value of your gift to be different from the actual sale price.

   

  Contact with questions:              
  Steven Szilagyi

  Associate Headmaster for Institutional Advancement

  724-639-3586 Ext. 228

• IRA Charitable Rollover

  Basic Requirements

  One of the key benefits of the direct charitable contribution from your IRA is that the distribution counts towards your Required Minimum Distribution (RMD). You can contribute more than your RMD to charity as long as you do not exceed $100,000 in a calendar year. The gift can satisfy a pledge that you have made. However you may not receive anything from Kiski as a quid pro quo for your contribution.  

   

  Kiski will provide you with an acknowledgement stating the amount of the charitable distribution and that no goods, services, or benefits of any kind were or will be provided to you in consideration for the distribution from the IRA. Also, the contribution must be made directly to Kiski and cannot go to a donor-advised fund, supporting organization or private foundation. Finally, you cannot make the charitable IRA distribution from Simplified Employee Plans (SEPs) and Savings Incentive Match Plans for Employees (SIMPLE plans) if an employer contribution is made for that year.  

  How to Create a Qualified Charitable Distribution (QCD)

  To complete a qualified charitable distribution (QCD) from an IRA to Kiski, the IRA owner must:

  1.    Already be age 70 ½ on the date of distribution

  2.    Submit a distribution form to the IRA custodian, requesting that the check be made payable directly to "The Kiski School"

  3.    Ensure that no tax withholding is being done from the QCD to Kiski (as the money must actually go to Kiski to qualify, and as a non-taxable distribution no withholding should be necessary)

  4.    Send the check directly to Kiski, or to the IRA owner to be forwarded along to Kiski

  While the process of completing a QCD to a charity is fairly straightforward, the key administrative requirement is that the distribution check must be made payable directly to "The Kiski School." Under the IRS rules it is permitted for the check to be mailed to the IRA owner, as long as the check is payable to "The Kiski School," but a check payable to the IRA owner that is merely endorsed over to Kiski does not satisfy the QCD requirements.