The Delbarton Fund
THE DELBARTON FUND
About 10% of the annual operating budget comes from gifts to the Delbarton Fund, gifts that are made every year by parents, alumni, and friends. Together, tuition and the Delbarton Fund are the foundation of daily life at Delbarton, transforming the educational experience for every student every day.
Distinct from fundraising for strategic priorities or donations to St. Mary’s Abbey, gifts to the Delbarton Fund add up to about $2,420 per student and are used exclusively to support school programs and facilities.
The Delbarton Fund sustains the program of excellence that has come to define Delbarton School.
Your participation in the Delbarton Fund matters most. All funds raised this year will be spent this year. Every gift, large or small, directly enriches each student’s Delbarton experience every day of the year.
The Delbarton year runs from July 1 – June 30, so if you have not yet made a gift, please consider doing so today! Donations can be made online, by mail, or by calling the Advancement Office at 973-538-3231, ex. 3055.
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?
Why is alumni and parent participation in the Delbarton Fund important?
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.
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?
Gifts of Stock:
When making a stock gift, please remember to notify Craig Paris in the Advancement Office at Delbarton School, 230 Mendham Road, Morristown, NJ 07960. He can be reached via email at cparis@delbarton.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
Acct: 76064529
Tax ID #: 22-1593525
When the stock is in your possession:
Please contact Vanguard Brokerage Services for appropriate paperwork at 1-800-319-4254.
Wire Transfers:
To wire a cash donation please send your gift to:
TD Bank
Account Name: Delbarton School Main Operating Account
Routing #: 031201360
Account #: 4304545275
What are the advantages of giving appreciated stock?
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.
What other kinds of gifts can I make?
What is a matching 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.