Structured giving refers to the deliberate, strategic, organized approach to soliciting, receiving, and managing donations from alumni. It focuses on long-term, tax efficient, impactful philanthropy by investing a pool of funds and distributing grants or donations over time, rather than making one-off or ad-hoc gifts. This can involve various methods like establishing donor-advised funds, charitable trusts, or setting aside funds through legacy planning. 

Why Structured Giving is Important to The Lodge School Alumni Association

• Sustained Financial Support: Structured giving provides a reliable revenue stream that helps scholarships, campus improvements, student programs, and other initiatives that enhance the student and alumni experience.
• Enhanced Engagement: The process of structured giving through regular outreach, events, and targeted campaigns are designed to keep alumni engaged and connected to The Lodge School, fostering a sense of loyalty and community.  A structured giving program also builds a culture of philanthropy and supports intergenerational and community-based giving.
• Legacy and Impact: Alumni see their contributions as a way to “pay it forward,” supporting future generations and leaving a lasting legacy at their institution.
• Strategic Growth: Structured giving allows for better planning and allocation of resources, enabling TLSAA to undertake larger projects and respond to emerging needs more effectively.
• Data-Driven Decision Making: A structured approach enables TLSAA to track giving patterns, identify potential major donors, and tailor communications for greater impact.

 

By adopting structured giving, The Lodge School Alumni Association can ensure stable, impactful support for its stated objectives and the school’s future.

Tax Considerations – Barbados Chapter

Donors utilizing Structured Giving are advised to consult with the appropriate tax advisors regarding the tax implications within Barbados Revenue Authority (BRA) guidelines.  

TLSAA, in conjunction with the alumni using Structured Giving, will collect the appropriate data for submission as per the BRA guidelines.

Your Structured Giving contributions to TLSAA are made easier through bank transfers from your account to TLSAA’s using the details below.

BARBADOS CHAPTER BANK ACCOUNT DONATION DETAILS

1. Account name: LSOSA Inc. (The account name has not yet been changed)
2. Bank: CIBC First Caribbean International
3. Account type: Savings  
4. Account number: 69182764
5. Branch: Bridgetown

 

Tax Considerations – International Chapter

LSOSA International was registered as a not-for-profit organization with New York State, USA in August 2020.

The LSOSA International has received the 501(c)3 tax-exempt designation from the US Internal Revenue Service (IRS). Donations and contributions will be eligible for tax deductions within IRS guidelines.

Please note that under LSOSA International’s State of New York not-for-profit registration, the appropriate state tax treatment will be determined as per state law. LSOSA International’s receipt of the 501(c)3 designation allows alumni across the US to be eligible for the appropriate tax treatment as per IRS guidelines.

Donors utilizing Structured Giving are advised to consult with the appropriate tax advisors regarding the tax implications within the US Internal Revenue Service (IRS) guidelines.

The LSOSA International, in conjunction with the alumni using Structured Giving, will collect the appropriate data for submission as per the IRS guidelines.

For Structured Giving donations directly into the LSOSA International bank account, please contact the Treasurer at donation@tlsalumni.com for further details.