Your Support

Support Tong Xin Chinese School as it continues its commitment to our students and community!

In order to continue and excel at this high level learning environment, as well as provide new opportunities for our students, the Tong Xin Learning Resource Center relies heavily on public and private gifts and support. We strongly feel the education and opportunities we give our students and the community is invaluable. We want to thank you in advance for your consideration of a gift and stewardship to our wonderful programs and education. There are several avenues you can take to make a donation:

Check

Please make checks payable to Tong Xin Learning Resource Center. Please be sure to indicate in the memo field or in an accompanying letter if your gift is a pledge payment and/or for a particular capital project, Annual Tong Xin Education Program Fund, Endowments, or any combination thereof.

The Annual Tong Xin Education Program Fund is the primary source of support to bridge the gap between the cost of educating students and tuition revenue. It provides the extras that make the Tong Xin experience unique, like summer tour programs, and extracurricular activities such as academic competitions and service organizations.

The Annual Tong Xin Education Program Fund contributes to over 45% of he education programs conducted in the Spring, Fall, and Summer semesters. It is a tax-deductible gift for corporations, foundations, parents, alumnae, trustees, faculty, staff, and friends of Tong Xin Learning Resource Center. (See Tier I Education Program for the dollar amount break down).

Endowment funds may be created with a lifetime or testamentary gift. One or more donors can make a gift at one time. The funds are invested to generate income, which will be made available for specific programs and activities of Tong Xin. Because only income earned is used, the funds are perpetual and will guarantee support for the future. Endowment funds can be established in honor or in memory of donors or loved ones and can be named for them.

Real Estate

A gift of real estate, whether in the form of commercial property, the donor's residence, a farm, timberland, or undeveloped acreage, can provide significant benefits to Tong Xin and the donors. As in the case of a gift of securities, a gift of un-mortgaged real estate, which has been held for more than one year, will generate an income tax deduction based on the fair market value of the property at the date of the gift. The donor is not required to recognize any gain on the transfer to Tong Xin. The amount the donor may deduct is subject to a 30% limitation. For gifts of real estate valued at $5,000 or more, the donor must obtain a qualified appraisal. (Mortgaged real estate is subject to different rules which should be discussed with your attorney or advisor.)

Gifts of Tangible Property

We welcome any valuable works of art, stamps, coins, jewelry, or antique furniture that you wish to donate. If you have owned this property for more than one year, and the property can be used by Tong Xin to further its exempt purposes, you may claim a deduction for the fair market value of the property on the date of the gift deductible up to 30% of your adjusted gross income (with a five year carry-over for any excess). If the tangible personal property cannot be put to an exempt use, then the donor's deduction is limited to his or her basis, but the gift is deductible up to 50% of the donor's adjusted gross income.

Special rules apply to works crested by the donor like artwork or a manuscript.