CASH GIFTS

Cash gifts may be made to the Foundation expressing preference for support of an Approved Institution.  Checks should be made payable to British Schools and Universities Foundation, Inc. (or BSUF) and postmarked on or before December 31st to qualify for current-year tax deduction.  If you send your donation directly to the BSUF please use the BSUF Donor Transmittal Form.  If you send your donation to the US representative of the Approved Institution please use the Donor Transmittal Form included in the mailing you received.

CREDIT CARDS

Click here to securely donate by credit card. We will be charged 3% of your credit card donation.

SECURITIES

In giving gifts of marketable securities donors could realize significant tax benefits.  Please see Instructions for Donating Securities.  To contact BSUF regarding a gift of marketable securities please send e-mail to treasurer@BSUF.org

MAJOR FUNDS

Individual funds for a dedicated objective within the Foundation's Statement of Purpose may be set up in the case of large donations.  To contact BSUF regarding a major donation please send e-mail to treasurer@BSUF.org

CHARITABLE REMAINDER TRUSTS

There are two kinds of Charitable Remainder Trusts: a Charitable Remainder Annuity Trust and a Charitable Remainder Unitrust.  Designating BSUF as remainder beneficiary, either of these trusts affords the donor an immediate charitable tax deduction in the year the trust is created.  The trustee then pays the donor income during his/her lifetime or that of any other living non-charitable beneficiary the donor may designate.  In the case of a Charitable Remainder Annuity, the payment is a fixed monthly sum (determined by the beneficiaries’ ages and gender, and the original principal amount of the trust).  With a Charitable Remainder Unitrust, the payment will fluctuate up or down depending on investment performance.  At the death of the income recipient, the trust passes on to the BSUF as charitable remainder beneficiary; donors may express a preference for an Approved Institution. 

To contact BSUF regarding a Charitable Remainder Unitrust please send e-mail to treasurer@BSUF.org

INDIVIDUAL RETIREMENT ACCOUNTS

IRAs can be made much more tax efficient by naming the BSUF as a beneficiary with an expression of preference for an Approved Institution.  This relieves the Estate of (a) the Distribution and Income Taxes which are levied by most State governments; and (b) of part of the regular Estate tax.  To contact BSUF regarding an IRA please send e-mail to treasurer@BSUF.org.

In 2007, those over age 70-1/2 may find it advantageous to have contributions made from their IRA directly to a charity without paying taxes on the amount withdrawn.  The rules are complex, and individuals should consult their own professional advisors for guidance.

BEQUESTS

A provision may be made in your Will or Trust bequeathing money to the Foundation.  The Suggested Bequest Form is intended only as a provision in a full Will or Trust containing all appropriate articles.  To contact BSUF regarding a bequest please send e-mail to treasurer@BSUF.org

TRANSFER OF PRIVATE FOUNDATION ASSETS TO BSUF

Some British institutions had established their own Private Foundations in the US over recent years.  They are now finding that they have failed to satisfy the tax regulations of the US Internal Revenue Service, or that the administrative burden of maintaining the Private Foundation year after year is more than their volunteers can cope with.  One solution is proving to be the transfer of such remaining assets to a Public Charity such as BSUF.  To contact BSUF regarding a transfer of assets please send e-mail to treasurer@BSUF.org