MEMBERSHIPS
Annual Membership: Associate $100; Fellow $250;
Sustaining $500
Life Membership: $5,000
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
You can donate by credit card using
the Network For Good which
charges a fee of $10 for "on-line checks" or 4.75% of your credit
card donation. Please use an "on-line check" if possible. For example,
if you make a donation of $10,000 by credit card BSUF will receive $9,525,
if you give the same amount by on-line check BSUF will receive $9,990, $465 more that can be used for future grants.
To do so:
1. Go to www.networkforgood.org
2. In the box headed "Enter Keywords" that is about
2 inches down from the top left of the dialog box enter B.S.U.F. and
click the "Search" button.
3. You should get a screen headed Donate that shows "British
Schools and Universities, Inc." Click on the name.
4. Click the "Donate Now" button.
5. In the box headed "I want to contribute" enter the
amount you want to donate (not less than $10).
6. Indicate whether this is a one-time gift or recurring gift at
what frequency.
7. Choose a Privacy Preference. Please choose to provide your name
and e-mail address, we won't send you anything but a thankyou.
8. In the box headed "Designation" enter the name of the
Approved Institution you would like to benefit from your gift or one of the BSUF
internal funds (see below).
9. Enter any dedication you wish to make.
10. Click "ADD TO GIVING CART" at the bottom left.
11. Click "PROCEED TO CHECKOUT" at the bottom right.
12. Sign in as a previous with your password or as a new donor.
13. Choose "CREDIT CARD" or "ONLINE CHECK".
The BSUF internal funds are:
The Ward Fund which supports
scholarships
The General Fund which supports BSUF work as a whole.
Associate membership dues - $50 (please specify new or renewal)
Fellow membership dues - ($250 (please specify new or renewal)
Life membership - a one-time contribution of $5,000. You may
designate the Ward Fund as beneficiary if you wish.
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 UNITRUST
A 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 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