Employer Giving Programs:

You may be able to make a single or monthly tax deductible payroll donation through your employer’s charitable giving program. Check with your employer’s HR department to learn what charitable giving programs they offer.

CBO Accepts Donations of Stocks and Securities:

Gifts of appreciated stock may qualify for an income tax deduction while avoiding capital gains. To donate, please ask your brokerage firm to send shares electronically via DTC using the following instructions:

DTC #0164, Code 40
Account #6341-5793 Schwab, College Bound Opportunities

Donor Advised Fund (DAF):

Recommend a grant to CBO from a Donor-Advised Fund (DAF), a tax-efficient way to make charitable gifts. 

Qualified Charitable Distribution (QCD):

If you are at least 70½ years or older, you may make a Qualified Charitable Distribution (QCD) up to $105,000 per year directly from your IRA, putting those dollars to work for good without increasing your taxable income.

Bequests & Planned Giving

A bequest, or planned gift, in your will or trust naming CBO as a beneficiary is an easy way to help ensure our future Scholars are afforded the opportunity to pursue their college dreams.  A bequest can be a gift of cash, securities or another specified asset. We welcome the opportunity to discuss with you and your attorney or financial advisor the options available to meet your charitable objectives while providing for your loved ones. As some of the planned gift options may also provide tax benefits to you, your family or your estate, we recommend you consult with your legal and/or financial advisor to develop a personalized plan of giving.

Retirement Assets

Retirement assets may be one of the best assets to transfer as a charitable contribution because of their specific characteristics. In many cases, retirement assets can be the highest-taxed asset of an estate, and a beneficiary may have to pay income tax on distributions received. Please consult your legal and/or financial advisor about the gifting of any type of retirement asset, profit-sharing plan, a 401(k) or 403(b), or an IRA before taking action. You can make a tax-efficient gift and help CBO scholars through a Charitable IRA.

Life insurance

Life insurance policies are another asset suitable for a planned gift to CBO.  By donating a paid-in-full life insurance policy or designating CBO as a beneficiary of a new policy, you can help ensure continuity in CBO’s efforts to fulfill college dreams long into the future.

Have you remembered CBO in your estate plans? If so, thank you! Please let us know so we can thank and recognize you, and so we may ensure that your future gift has the impact you intend. To notify us, please download our Statement of Intent and email it to Leslie Alter, leslie@cbo4success.org, or mail to:

College Bound Opportunities
2033 N. Milwaukee Avenue, Suite 246
Riverwoods, IL 60015

For more information, please contact Leslie Alter, leslie@cbo4success.org.