The Delbarton Fund
THE DELBARTON FUND
The Delbarton Fund is an essential component of continued success at Delbarton. Gifts to the Delbarton Fund help pay for faculty salaries, laboratory and classroom equipment, technology, and student activities, in short, the entire operating budget. The Delbarton Fund counts on participation from alumni, parents, parents of graduates, and friends. This year, our goal is to raise $2.4 million to ensure the continued quality of a Delbarton education.
The Delbarton Fund FAQ:
- Why is alumni and parent participation in the Delbarton Fund important?
- Where does my gift to the Delbarton Fund go?
- Where should I send my check?
- Can I make a credit card gift?
- How do I make a gift of stock?
- What are the advantages of giving appreciated stock?
- What other kinds of gifts can I make?
- What is a matching gift?
Beyond the role that dollars play in helping to finance daily operations, schools such as Delbarton use alumni and parent participation to demonstrate to others that the School is effective and supported by its graduates. If alumni and parents are willing to support Delbarton financially, then they value the role Delbarton played in their lives and their sons' lives.
Delbarton Fund contributions are used to support technology upgrades, athletic fields and facilities, service projects, financial aid for worthy students, and maintenance of the campus, among others. Tuition only covers 77.4% of expenses. The Delbarton Fund helps to bridge the gap between what tuition covers and the true cost of a Delbarton experience.
Gifts of Stock:
When making a stock gift, please remember to notify Craig Paris in the Development Office at Delbarton School, 230 Mendham Road, Morristown, NJ 07960. He can be reached via email at firstname.lastname@example.org or by phone at 973-538-3232 x3050.
When the stock is held by your broker or commercial institution:
Instruct your broker or commercial banker to transfer the shares of stock as follows:
Depository Trust Co (DTC electronic delivery):
Vanguard Brokerage Services
100 Vanguard Blvd Malvern, PA 19355
Vanguard Brokerage Services Delivery instructions DTC (0062)
FBO: Order of St. Benedict of NJ
Tax ID #: 22-1593525
When the stock is in your possession:
Please contact Vanguard Brokerage Services for appropriate paperwork at 1-800-319-4254.
To wire a cash donation please send your gift to:
Account Name: Delbarton School Main Operating Account
Routing #: 031201360
Account #: 4304545275
Making a gift of appreciated stocks or bonds to Delbarton can be more advantageous than giving cash. If you give appreciated securities held longer than one year, you can deduct their full fair market value, regardless of what you originally paid for them. Your total deduction is limited to 30% of your adjusted gross income in any year, but you can take any unused deduction over five succeeding tax years, and you pay no capital gains tax on the donated securities! With these tax savings,the actual cost of your gift if less than if you had made a cash gift.
Many companies match employee (or employee spouse) contributions to non-profit organizations such as Delbarton, occasionally on a two-to-one or greater basis. Your personnel office will be able to tell you if your company matches gifts to secondary schools, or you can click here for a searchable database of matching gift companies and their giving policies and procedures. Matching gift forms (available through your personnel office) should be sent along with your gift.