There are many ways to make a gift to Randolph-Macon Academy!
Explore the options below to determine which best suits your needs.
Online gifts can be made through R-MA’s giving form here.
Recurring Gifts: Many donors find they can give more by incorporating a recurring gift into their monthly or annual budget! R-MA offers donors the option to set up recurring gifts through our online giving form.
Please make checks payable to Randolph-Macon Academy and send to:
Randolph-Macon Academy
Office of Advancement
200 Academy Drive
Front Royal, VA. 22630
To make a pledge, please contact the Advancement Team at 540-636-5485 or at advancement@rma.edu.
Many employers match charitable gifts made by employees and their spouses. A matching gift can be a great way to double, or even triple your gift to R-MA! Please contact your Human Resources department for information and procedures.
R-MA may accept gifts-in-kind, with prior approval; however, we do not assign monetary value to these gifts. We recommend that you consult your tax advisor for valuation advice. Donors seeking tax deductions for gifts valued in excess of $5,000 must obtain an independent appraisal at the time the gift is made. For more information, contact the Advancement Team at 540-636-5485 or at advancement@rma.edu.
Randolph-Macon Academy welcomes gifts of stock or securities which can provide significant tax advantages to donors! Please consult with your financial advisor about the current advantages that may apply to you.
To make a gift of securities to R-MA, please contact the Advancement Team at (540) 636-5206 or advancement@RMA.edu.
A gift of your retirement assets (IRA, 401(k), 403(b), pension or other tax-deferred plans) is an excellent way to make a gift. Here are a few ways you can give retirement assets:
Give your retirement assets in your will: Did you know that 50%-60% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step-up in basis (such as real estate and stock) and give the retirement assets to our organization. As a charity, we are not taxed upon receiving an IRA or other retirement assets.
Transfer your retirement assets: Your retirement assets may be transferred to us by completing a beneficiary designation form provided by your plan custodian. If you designate our organization as a beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
A gift of real property (such as a home, vacation property, vacant land, farmland, ranch, or commercial property) can make a wonderful, lasting gift to Randolph-Macon Academy, and may provide tax advantages to donors.
Make a gift of real property: Your real property may be gifted to Randolph-Macon Academy by executing or signing a deed transferring ownership. You may deed part or all of your real property to the Academy. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
Make a gift of mortgaged property: Please contact the Advancement Team at 540-636-5485 or at advancement@rma.edu for more information.
If your life insurance policy is no longer needed or will no longer benefit your survivors, consider furthering the Academy’s mission with a gift!
Make a gift of life insurance today: Did you know that you can give your life insurance policy to us today and receive a charitable income tax deduction? You can then make deductible contributions to us each year, which we may use to pay the premiums. Randolph-Macon will then benefit from the proceeds of your policy.
Designate R-MA as beneficiary of your policy: You can also designate Randolph-Macon Academy as the beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to R-MA.
If you have any questions about your gift of life insurance, please contact us at 540-636-5485 or at advancement@rma.edu.
Randolph-Macon Academy welcomes gifts in the form of bequests, qualified charitable distributions, charitable gift annuities, and charitable remainder trusts. For more information, please visit our Planned Giving page.
Randolph-Macon Academy also accepts contributions via Boxtops for Education and AmeriGas!
Boxtops for Education: Please clip your boxtops and mail to:
Parents Association
Randolph-Macon Academy
200 Academy Drive
Front Royal, VA 22630
AmeriGas: R-MA participates in the Amerigas School Days program. If you are an Amerigas customer, please send in your receipts to advancement@rma.edu. For every gallon shown on those receipts, R-MA will receive $0.02 for the Annual Fund!
NEXT STEPS
- Contact the Advancement Team at 540-636-5206 or at advancement@RMA.edu.
- Seek the advice of your financial or legal advisor.
- If you include Randolph-Macon Academy in your giving plans, please use the Academy’s legal name and federal tax ID number.
Legal Name: Randolph-Macon Academy
Address: 200 Academy Drive, Front Royal, VA 22630
Federal Tax ID Number: 54-0505939