Endowment, Stock, & Other Gifts

Endowment Gifts

At Langley, as at virtually every other private educational institution, the endowment funds nourish the quality of education, help to moderate tuition increases, and secure the long-term financial viability of the school. No longer can the school rely on tuition alone to meet its needs, nor can it depend on sporadic, spontaneous gifts. Like other independent schools, Langley must begin to rely on its endowment to provide that margin of excellence.

Endowment gifts allow Langley to plan prudently for the future. The principal of the gift stays intact while the income impacts the educational experience of Langley students for many years to come. A donor can create an endowment or add to an already existing endowment. In addition to the general endowment fund, other endowment funds support the arts, financial aid, faculty development, and diversity initiatives.

Gifts of Stock

The Langley School gratefully receives gifts of appreciated assets. Often a gift of appreciated stock held for longer than 12 months offers tax benefits to the donor. The donor can take a charitable deduction for the current full fair market value of the stock as well as avoid capital gains tax on the appreciation. The benefit to Langley is the same whether a donor gives cash or stock, but the tax savings to the donor are likely to be greater with a stock gift. Donors are advised to consult their own legal, tax, or estate planning professional when considering gifts other than cash.

To make a stock gift, please forward the following information to your broker:

DTC #141 (First Clearing Corp.)
Account Name: The Langley School
Account Number: 5023-0986
Contact Info: Cecelia Burch at Wachovia Bank, (202) 861-4519

Memorial & Named Gifts

There are many occasions in life that provide opportunities for giving. A gift to Langley is a marvelous way to remember a birthday, celebrate an anniversary, or pay tribute to a dear friend or family member. Simply note the special occasion when you send your gift and indicate who Langley should notify of the gift. You will receive an acknowledgement of your tax-deductible donation and the honored person will be notified of your special gift (with the gift amount withheld).