How to donate to NSM:
Extended for 2021: You can receive a tax benefit for cash donations even if you do not itemize. Taxpayers who elect to take the standard deduction on their 2021 income tax return are allowed to claim an additional “above the line” deduction. This applies to donations made by check, cash, or credit card during 2021, up to $300 for single filers and $600 for married couples filing jointly.
To make a secure gift online by bank account or credit card, please visit our online giving form below, or follow this link.
Please make checks payable to New School of Music and mail to 25 Lowell Street, Cambridge, MA 02138.
You can support NSM through your donor advised fund by asking your advisor to mail a check payable to New School of Music to 25 Lowell Street, Cambridge, MA 02138. Your advisor may need NSM’s tax identification number, which is 04-2598978.
Individual Retirement Account Qualified Charitable Distribution
If you are at least 70 1/2 years old you may give up to $100,000 directly from a traditional IRA to NSM or another non-profit charity and exclude the amount of the gift from your gross income for federal tax purposes. This is called a qualified charitable distribution (QCD), and may satisfy your required minimum distribution and reduce your taxable income. To make an IRA charitable distribution, you simply need to contact your IRA custodian and request it.
Your custodian will need the following information:
NSM’s legal name: New School of Music, Inc
Address: 25 Lowell Street, Cambridge, MA 02138
Tax identification number: 04-2598978
The gift must be sent directly from your IRA custodian and not from your personal checking account. Please ensure that your custodian will include information on the check that identifies you as the donor.
Gifts in Kind
If you are interested in giving an in-kind donation, please email firstname.lastname@example.org or call 617-492-8105 to inquire about the School’s current needs.
This information is not intended to be legal or tax advice. Please consult your tax advisor with questions about how you might take advantage of these or other tax-efficient ways to give.