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Other Ways to Give

A Worthy Investment

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A Worthy Investment

Make a gift in a way that is meaningful to you and help advance Salem State University's mission as the region's leading educational resource.

Choose the way you want to give to Salem State

In this section:

Corporations and Foundation Relations

Corporations and foundations choose to support Salem State because of our impact on the region and the Commonwealth.  We are committed to advancing scholarship, research and innovation for the community and public good. 

Learn more

Crowdfunding is a platform for community fundraising, open to any and all who wish to support the schools, programs, departments, teams, student groups, or specific projects at the university that are most meaningful to them.

Find current projects at .

about creating a new crowdfunding project. 

If you have questions, read our or reach out to Lori Porter Boudo at lboudo@salemstate.edu or 978.542.7404. 

Matching Gifts

Many employers sponsor matching gift programs that can double or even triple the impact of your charitable contribution to Salem State.

A donor advised fund (DAF) is a charitable investment account that donors can use to support their giving. DAFs offer the favorable tax benefits of giving directly to charities with added flexibility around timing of gifts.

DAF assets are invested for growth by the sponsoring organization (for example, Fidelity Charitable or Schwab Charitable) and donors then recommend grants at any time to qualified 501(c)(3) charitable organizations, such as the Salem State University Foundation (04-2620632).

If you have a DAF with Fidelity Charitable, Schwab Charitable or BNY Mellon, you can easily recommend a grant using the on this page, or by contacting the fund advisor.

Salem State University employees have the option to make recurring gifts through biweekly .

Gifts-in-kind are non-monetary items of tangible personal property or other physical assets that represent value to the university. Examples might include equipment, books and artwork. Gifts in excess of $500 should be accompanied by a fair market estimation from the donor. Gifts that exceed $5,000 are subject to the IRS requirement of an independent appraisal.

For more information, please contact Lori Boudo at 978.542.7404 or lboudo@salemstate.edu.

A Tax-Effective Way to Donate Money to Charity

A qualified charitable distribution is a distribution from an IRA made directly to an eligible charity, bypassing the owner of the account. Owners of individual retirement accounts who are at least age 70 1/2 can contribute some or all of their IRAs to charity.

 

Stocks

Online Gift Form:

Gifts of appreciated securities, stocks and bonds can provide considerable tax advantages when transferred to Salem State University before they are sold. If you have held your securities for more than one year, you may find that your gift will provide a two-fold tax benefit; creating an income tax deduction as well as helping avoid the capital gains tax that would have been due on their sale. For more information, please contact Nicole Bousquet at 978.542.7588 or nbousquet@salemstate.edu.

Trust Department Security Delivery Instructions

Eastern Wealth Management:

Important: Please contact Ryan P. van Luling, CFP®, MST, CRPC®

Vice President

Eastern Bank Wealth Management

605 Broadway LF-41, Saugus, MA 01906

Phone: 617-897-1176, E-Fax: 781-477-1340

r.vanluling@easternbank.com

or Christina D’Andrea at 781.581.4247 or ³¦.»å’a²Ô»å°ù±ð²¹°ª±ð²¹²õ³Ù±ð°ù²Ô²ú²¹²Ô°ì.³¦´Ç³¾ to coordinate a delivery date, per the following instructions:

Depository Trust Company – Delivery

The Bank of New York

DTC Account #901

Agent Bank #26500 Institution ID FINS #22108

For the Account of: Eastern Bank

Saugus, Massachusetts 01906

A/C #103413

For Further Credit to #2465938 Salem State University Foundation, Inc.

Treasury Issues 

BK OF NYC/CUST/EASTERN BANK & TRUST/AC#103413

ABA 021000 018

For Further Credit to #2465938 Salem State University Foundation, Inc.

Mutual Funds: Please contact Ryan P. van Luling at 617.897.1176

Foreign Securities: Euroclear Account #97816 – Eastern Bank

For Further Credit to #2465938 Salem State University Foundation, Inc.

PHYSICAL DELIVERY

The Bank of New York

One Wall Street

New York, NY 10286

Attn: Arnold Musella - Window A, 3rd Floor 

For the Account of Eastern Bank, 605 Broadway, 4th Floor, Saugus, MA 01906

A/C #103413

For Further Credit to #2465938 Salem State University Foundation, Inc.

WIRE INSTRUCTIONS FOR CASH

Eastern Bank

One Eastern Place 

Lynn, Massachusetts 01901 

ABA #011301798 

A/C #00-2091-5 Eastern Bank

For Further Credit to #2465938 Salem State University Foundation, Inc.

MAILING ADDRESS FOR CHECKS

Eastern Bank

ATTN: Ryan P. van Luling, CFP®, MST, CRPC®

Vice President

Eastern Bank Wealth Management

605 Broadway LF-41, Saugus, MA 01906

Contact Us

Advancement, Alumni Association and Foundation

Tax Identification number (EIN): 04-2620632
331 Lafayette Street, 2nd floor
Salem, MA 01970
Mailing Address:
352 Lafayette St.
Salem, MA 01970
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