Annual support to The Oldfields Fund is essential
Our priority and primary fundraising focus each year is The Oldfields Fund. Strong participation demonstrates the shared commitment of our entire Oldfields community.
Your gifts have a direct and immediate effect. The Oldfields Fund allows the School to go beyond what tuition dollars provide, ensuring each student has the highest quality education and experience. Furthermore, it gives flexibility to meet unanticipated needs that can arise throughout the school year. The time is now to get involved with Oldfields!
As we build a culture of philanthropy, together, we can ignite excellence and shape the future of Oldfields School.
Ways to Give
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Making your gift by credit card is one of the easiest and fastest ways to support Oldfields. Secure online giving allows you to make an immediate impact on the school with one-time and recurring gift options available.
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Make checks payable to Oldfields School.
Send to: Oldfields School
ATTN: The Oldfields Fund
1500 Glencoe Rd
Sparks-Glencoe, Md 21152 -
For wire cash donations: Please contact Geneva Longlois-Marney at 443.662.1007.
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Oldfields School welcomes transfers of stock. The total value of the stock upon transfer is tax-deductible and there is no obligation to pay capital gains taxes on the appreciation.
To ensure timely processing and proper recording of your generous gifts please contact Geneva Longlois-Marney at 443.662.1007 or development@oldfieldsschool.org with the stock you intend to transfer or the approximate value of your gift, the purpose of your gift, and your broker’s name and phone number, if applicable.
Your gift of stock can be transferred to the account of Oldfields School Inc. by providing the following transfer instructions to your broker:
DTC Eligible Securities
National Financial Services LLC
DTC# 0226
Account Name: Oldfields School Inc.
For Credit to account #:668-223605
EIN: 52-0591645 -
Charitable IRA Rollover Tax Advantage
A Special Opportunity for Those 70½ Years Old and OlderYou can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as Oldfields School without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference at Oldfields. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.
Why Consider This Gift?Your gift will be put to use today, allowing you to see the difference your donation is making. Beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution (RMD). You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
Talk to your advisor about the advantage of directly transferring gifts from your retirement plan to Oldfields. Your accountant or other advisor can also help you determine the optimum amount to give from retirement plan accounts under federal and state tax laws.
To help us track your IRA gift, please inform us of your intent to make a gift from your IRA by contacting Geneva Longlois-Marney at 443.662.1007.Legal Name: Oldfields School Inc.
Address: 1500 Glencoe Road, Sparks Glencoe, MD 21152
Federal Tax ID Number: 52-0591645 -
What is a Donor Advised Fund? A donor advised fund is a separately identified fund or account that is maintained and operated by a sponsoring charitable organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it. However, the donor retains advisory privileges with respect to the distribution of funds and the investment of assets in the account.
Interested in giving to Oldfields through your DAF? Let your financial advisor know this information:
Legal Name: Oldfields School Inc.
Address: 1500 Glencoe Road, Sparks Glencoe, MD 21152
Federal Tax ID Number: 52-0591645Benefits of using a donor advised fund
A DAF can serve as a convenient alternative for a donor who does not wish to make direct grants to charity or form a private foundation. Your gift to any donor advised fund is tax-deductible to the extent permitted by law. Once an account is created, you may use it as a fund to support your favorite causes. A donor advised fund also offers professional investment management for the assets held in the account and administrative ease, all at a competitive cost.
Some benefits include:
Receive an immediate charitable tax deduction
Follow your own timetable for distributions
Give to multiple charities from the same fund
Make gifts of complex assets, such as life insurance, art, real estate, private company stock, restricted stock, limited liability and limited partnership interests
Take advantage of competitive fees and expert investment management
The opportunity to engage your whole family in philanthropic opportunities
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The Largo Core Society honors alumnae, current parents, parents of alumnae, faculty, staff, trustees, and friends who have made provisions in their estate plans for the benefit of Oldfields School. Planned gifts to Oldfields enable you to make a lasting contribution to the School you love—a contribution that will have a significant impact even beyond your lifetime.
By making a planned gift a donor becomes a member of The Largo Core Society. Planned gifts include, but are not limited to, bequests, charitable remainder trusts, charitable gift annuities, gifts of life insurance and retirement plan assets.
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Many employers sponsor Matching Gift Programs and will match charitable contributions made by their employees, retirees and/or their spouses. To determine if an employer has a matching gift policy contact the Human Resources Department. Through an employer’s Matching Gift Program a gift can double or even triple in size and increase a donor's support of the School.
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Simplify your giving and increase your impact with an automatic monthly debit or credit card charge. The Sheep on the Hill Club recognizes donors who set up a recurring monthly donation throughout the fiscal year.
GIVE NOW
Donor Recognition Levels | Every contribution matters and we are grateful to donors at each gift level.
Oldfields School Benefactors Society
Oldfields Circle: $25,000 or more
Old House Circle: $10,000 to $24,999
Lantern Circle: $5,000 to $9,999
1867 Circle: $1,000 to $4,999
Green & White for young alumnae:
2010 – 2019……$500 to $999
2020 – 2024……$100 to $499
Sycamore Circle | The Sycamore Circle recognizes donors who have contributed annually to the Oldfields Fund for three or more consecutive years.
FAQs
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The Oldfields Fund is annual giving support by alumnae, family and friends throughout the fiscal year.
The Oldfields Fund supports:
• Financial aid
• Academic programming
• Student life
• Athletics
• Campus upgrades
• Professional developmentCapital and Endowment Fundraising Efforts
The School needs annual operating support to plan and provide for the School’s long-term financial health and sustainability. The Oldfields Fund does not address capital and endowment needs. Support to the Oldfields capital campaign and endowment enables long term viability.
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Participation in The Oldfields Fund demonstrates unity within the Oldfields community and is an indicates of strength when seeking support from foundations and corporations.
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Annually, The Oldfields Fund runs from July 1 to June 30 and donors are encouraged to make a gift or pledge before December 31. Making a gift or pledge early in the fiscal year significantly helps the School in the annual budgeting process.
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Oldfields families and alumnae are asked to make the School and its students their top philanthropic priority. The act of giving is just as important as the gift itself. Gifts of all sizes matter. By giving, you are committing to the mission of Oldfields. Because philanthropic support is such a personal decision, ask each family or individual to make a gift at a level that is most comfortable. For some, that gift is $25, for others it is $100,000.
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The Oldfields Fund is for unrestricted use and supports all aspects of community life. A gift to The Oldfields Fund is payable within the fiscal year (July 1 - June 30).
Capital campaign giving is a specific amount that supports capital projects (campus renovations), scholarships and endowment.
Planned gifts benefit Oldfields’ long term financial needs while leaving a lasting legacy of you and your family. Planned gifts may include a gift of a trust or annuity, stock, real estate, life insurance, or naming Oldfields as a beneficiary of your pension plan.
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We are a nonprofit 501(c)(3) organization under the Federal Internal Revenue Code. All contributions to Oldfields School are deductible pursuant to the prevailing tax laws.