Ways to Give

Corporations and individuals can help us fulfill our mission to provide families seeking private or faith-based education access to these schools as a safe alternative to public schools in a variety of ways.

 While there are many giving options to choose from today; your age, income and overall legacy goals may dictate which gifts options are best. As always, consult a tax advisor to determine which of the following or combination of the following best fit your needs.

Tax Credit Program

Through the establishment of Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs, donors can receive up to a 90% tax credit against their Pennsylvania state tax liability by making their gift through BLOCS.   

An individual or company who wishes to take advantage of this tax credit program, may become a member of a BLOCS Scholarship LLC (“LLC”). These special purpose entities (or SPE’s) are the only financial vehicle available for individuals (or companies who do not have direct tax credit approval) to realize tax credits in return for scholarship donations.

To join, an individual or company makes a 2-year commitment, (minimum of $5,000 per year), to fund the LLC. The LLC will then receive tax credits equal to 90% of the donation amount.

Outright Cash Giving

You can see your generosity in action and will also receive a federal income tax charitable deduction. Your gift will support the BLOCS Annual Fund and will aid in our mission to serve as many families as possible across the greater Philadelphia area and beyond.

 

Gifts of Appreciated Securities & Mutual Funds

Making a gift of securities or mutual funds that have increased in value and have been held for more than one year offers you the chance to support BLOCS’ mission. A donation of appreciated securities or mutual funds can reduce or even eliminate federal capital gains taxes on the transfer. In addition, you may be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

Planned Giving

  • Bequests of Wills and Estates

  • Beneficiary Designations

  • Charitable Gift Annuities

  • Charitable Remainder Trusts

  • Charitable Lead Trusts

Interested in discussing a donation to BLOCS?

Contact Dave Rowan

Email: drowan@blocs.org
Call: 484-704-2305