The Studio School is a 501(c)3 not‑for-profit organization and donations are tax-deductible as allowed by law.
Gifts of Securities
Gifts of long-term appreciated stock entitle you to an income tax deduction equal to the fair market value of the stock and allow you to avoid the capital gains tax that would have applied had you sold the stock, subject to tax deduction limitations. Contributions may be made directly through brokerage accounts or by physical delivery of stock certificates and powers. Contact: firstname.lastname@example.org
Many employers will match charitable donations made by their employees. Please ask your Human Resources Department for the necessary paperwork.
The CARES Act allows for an “above-the-line” deduction for charitable gifts made in cash of up to $300 for those donors who do not itemize. For individual donors who itemize, the adjusted gross income (AGI) limit for cash contributions increases to 100%, up from 60% in previous years. Please consult with your tax professional for advice.
The Annual Fund Appeal, launched in the fall of each year, provides unrestricted funds that are critical for the day-to-day operations of the school, bridging the gap between tuition and the actual cost of educating each child. Each year, generous contributions, from our entire community—parents, trustees, alumni, grandparents, friends, and others, support all areas of the institution, including academics, the arts, teacher training and development, operations, and financial aid. In a normal, non-COVID year, tuition alone covers about 70% of the school’s annual budget. We rely on meeting the remaining 30% through donations and fundraising events. We have had major additional and unexpected expenses related to COVID-19, such as upgrades to our air filtration system, health and safety supplies, additional staffing, construction costs, and A/V equipment to make hybrid learning possible. This year has shown that with strong vision, and community support, we can thrive through change and imagine a path forward for progress and well-being. Every contribution, small or large, helps us reach our goal of 100% participation from our community.
From Head of School: