Ways to Give to SPARC
Cash
Gifts of cash may be made outright or as pledges to be received over three to five years.
Securities
Gifts of securities may be made outright or pledged to be received over three to five years. Appreciated securities offer advantages over cash gifts. You can avoid capital gains taxes on long term gains. Plus, you may realize a tax deduction for the full market value of the securities.
Tangible Property
Gifts of real estate, art, musical instruments, equipment, furnishings and other tangible property may be given outright or as pledges to be received over three to five years.
Life Income Gifts
Donors may transfer funds, securities or other property to the SPARC while they and/or their beneficiaries continue to receive income for life from the trust or annuity established by the gift. Ultimately, SPARC receives the principal as a gift to SPARC's Directors Endowment.
Company Matching Gifts
DON'T FORGET THAT YOU MIGHT BE ABLE TO MATCH YOUR DOLLARS THROUGH YOUR EMPLOYER'S MATCHING GIFT PROGRAM OR WE'LL FIND FUNDS TO MATCH ANY GIFT OF $1000 OR MORE.
CALL BARBARA WELLS AT SPARC (804) 788-6453.
Life Insurance
Donors may make gifts of life insurance by assigning SPARC as owner and beneficiary of the policy.
Wills or Bequests
The estate gifts of many SPARC supporters over the years will enabled us to accomplish many of our long-range goals. In connection with The SPARC Fund, we encourage alumni, parents and friends to consider their opportunity to provide significant support through their wills for future generations of SPARC students. When SPARC is given notification and a copy of the will, codicil, trust agreement, or life insurance policy, the value of the provision will be applied to our annual goal.
