The simplest form of a gift is an outright gift of cash. Current tax laws allow you to deduct the full amount of the gift in the year in which it is given, provided the gift is not more than 50 percent of your adjusted gross income that year. If over 50 percent the excess can be carried forward and deducted the following year or for up to five years until the deduction is used up. Please make your checks payable to Notre Dame Academy and send them directly to the Office of Development, 74-134 Howard Avenue, Staten Island, New York 10301 or call (718) 442-1139 and charge to Visa or MasterCard account.
You may find that you can give more to NDA at less cost to you by contributing securities, stocks or bonds that are worth more now than when you bought them. A gift of appreciated securities may reduce capital gains tax liability.
Please remember Notre Dame Academy in your will.
If you are interested in more information about planned giving, please contact the Office of Mission Advancement at Notre Dame Academy, 718-442-1139.