Other Ways to Give

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. 

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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 crowdfunding.salemstate.edu.

Learn more about creating a new crowdfunding project. 

If you have questions, read our Crowdfunding FAQs 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.

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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 DAF Direct form on this page, or by contacting the fund advisor.

Salem State University employees have the option to make recurring gifts through biweekly Direct Deposit Payroll Authorization.

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.

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Stocks

Online Gift Form: Notify Salem State of an Expected Gift of US Securities

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

Cambridge Trust Wealth Management

Important 

Please contact Ryan van Luling, CFP^®, MST, CRPC^®
email: ryan.vanluling@cambridgetrust.com
Phone: 617-897-1176
- or - 
Christina D’Andrea 
email: christina.dandrea@cambridgetrust.com
781.581.4247 to coordinate a delivery date, per the following instructions:

Depository Trust Company (DTC) Clearing Number

SEI Private Trust Company
DTCC Participant #2663
For Further Credit to #2465938 Salem State University

ACAT Eligibility

ACAT Participant #2663
For Further Credit to #2465938 Salem State University

PHYSICAL DELIVERY

SEI Private Trust Company
Attention: Physicals
One Freedom Valley Drive/Hillside 3
Oaks, PA  19456
For Further Credit to #2465938 Salem State University

Mutual Fund Transfers

Please contact Ryan van Luling at 617.897.1176 

WIRE INSTRUCTIONS FOR CASH

Eastern Bank
One Eastern Place 
Lynn, Massachusetts 01901 
ABA #011301798 
CR #02012505
For Further Credit to #2465938
FBO: Salem State University

MAILING ADDRESS FOR CHECKS

Cambridge Trust Company
ATTN: Ryan van Luling, CFP®, MST, CRPC®
605 Broadway LF-41, Saugus, MA 01906

Make checks payable to:

SEI Private Trust Company
For Further Credit to #2465938
FBO: Salem State University