ways of giving for USA citizens

All US citizens who wish to support the Royal Society of Medicine and its medical education programmes and facilities may do so through the Royal Society of Medicine Foundation. All donations are tax deductible.

Cash
For federal income tax purposes, the full amount of a cash contribution may be deducted up to 50% of a donor’s adjusted gross income in the year of the donation. The deduction may be carried forward for up to five years after the year of donation.

Checks should be made payable to ‘The RSM Foundation Inc’ and posted to:

Professor V. Craig Jordan
University of Texas MD Anderson Cancer Center
1515 Holcombe Blvd.
Unit 1354
Houston, TX 77030
USA

Professor Jordan can also be reached by email via paul.summerfield@rsm.ac.uk

The tax identification number 136214332.

Professor Jordan, the President of the RSM Foundation Inc, will send you an official receipt.

Marketable securities
A gift of appreciated securities (stocks, bonds or mutual funds held for more than one year) can be the most prudent and economical way to give.

It may be possible to take a federal income tax deduction in the amount of the fair market value of the asset on the date of donation. This deduction can be taken for up to 30% of a donor’s adjusted gross income in the year of the donation. The deduction is also applicable while a donor is paying no capital gains taxes on appreciated value. The deduction may be carried forward for up to five years after the year of donation.

Gifts of closely held stock
The Society accepts gifts of stock in closely held corporations (those corporations in which no more than five individuals own more than half the stock's value). Closely held stock may be used to establish a charitable remainder or lead trust.

Bequest
One of the easiest and most popular planned gifts is to include the Royal Society of Medicine in a will or revocable living trust.