Ensuring Quality Today and Tomorrow

Tuition is only part of the picture. Keeping Cushing’s enviable array of program offerings, expert faculty and state of the art facilities and technology requires support from committed parents. Just as prior parents’ gifts have helped make your child’s time at Cushing rewarding and fulfilling, so too are you called upon to ensure this legacy for students today and tomorrow.

How do I make a gift to Cushing?
How is my gift to Cushing used?
What about gifts of stocks?
Are there levels of giving to Cushing Academy?

How do I make a gift to Cushing?

Donate Online to Cushing Academy

Mail Your Pledge
Simply print a Pledge Form, fill it out and fax or mail to us at the address below.

Planned Giving: For information about life income gifts, including trusts, gift annuities and pooled income funds, contact Amy Logan, Associate Director of Development, at or 978-827-7400.

Bequest Intentions: Including Cushing in your will is a meaningful way to remember the Academy and help ensure its future prosperity. Estate planning and charitable giving through your estate can also provide estate tax savings.

Please contact the Office of Development at 978.827-.7400 for sample language to add Cushing to your will. In many cases, you can easily include Cushing through a simple codicil without redrafting your entire will.

How is my gift to Cushing used?
Gifts to Cushing by parents of current students and parents of alumni support every facet of the Academy.

Unrestricted gifts to the Cushing Academy Parents' Fund offset annual operating expenses, including all aspects of a Cushing education, from faculty salaries and technology to scholarships and student activities. The Parents' Fund is part of the overall Cushing Academy Fund, our annual fund.

Gifts to the Endowment provide permanent, ongoing support for the Academy. Your gift is invested with Cushing's other endowment funds, to provide annual income to Cushing for a purpose that you designate, such as faculty salaries, scholarships or for the Academy's general educational purposes. This is truly a gift that keeps on giving!

Restricted gifts support a specific project or purpose that you designate.

Endowment
Throughout Cushing's history, generous alumni and parents have made permanent gifts to the Academy that provide ongoing support. These gifts are invested by the Academy to provide annual income for purposes designated by the donor or for the Academy's general educational purposes. Many individuals and families have made contributions to endow a scholarship in recognition of the assistance they received as students. Others have endowed gifts to support faculty salaries and faculty development, in honor of faculty who made a difference to them. Still others have made unrestricted gifts to the endowment, which provide annual support to Cushing each year for the Academy's general needs. Gifts to the endowment may be made outright in a single gift or paid over a number of years. Gifts that provide income to you for life, such as a charitable gift annuity or trust, can be an excellent way to make a larger endowment gift than you thought possible.

What about gifts of stocks?
Transferring stock to Cushing is easy, and gifts of appreciated securities, including stocks, bonds and mutual funds, may be a particularly attractive way to support Cushing.

A gift of appreciated, long-term marketable securities (owned for more than one year) will generally provide an income tax deduction for the full fair market value of the securities, while avoiding the capital gains tax that would otherwise be due on a sale.

Securities may be transferred through your broker or by delivery of the securities to Cushing Academy. If the securities are Depository Trust Company (DTC) eligible, they may be transferred electronically to Cushing, through PRIMEVEST Financial. Securities should be routed as follows: DTC# 0701, for the account of Cushing Academy, account number 23035878. Please notify us that securities are being transferred electronically so that we may confirm that they have reached our account. Please also have a notation made on the transaction referencing the name of the donor. Cushing's Tax ID# is 042-104-048.

To transfer shares of mutual funds or if you wish to establish an account for Cushing Academy with your broker, please call for additional information. Shares of closely-held stock may also be given to Cushing. Please contact the Office of Development for details at (978) 827-7400.

Are there levels of giving to Cushing Academy?
Yes! Contributions to the Academy of any amount are greatly appreciated and truly make a difference for students and faculty. Larger gifts are recognized in the following societies.

Giving Societies:

Cushing Academy - Office of Development
39 School Street
Asburnham, MA 01430
Tel: 978.827.7400
Fax: 978.827.7500
alumniprograms@cushing.org