Without the philanthropic support of our alumni, parents, grandparents, parents of alumni and other friends of the school, Christ School would not be able to provide the extraordinary education which we provide our young men. Tuition covers roughly 80% of the cost of educating a student at Christ School. Thus, we rely upon contributions to the Annual Loyalty Fund, Capital and Endowment projects, and planned gifts in order to continue to provide the same caliber of education that we have provided for over a century.
The Annual Loyalty Fund
The Annual Loyalty Fund is the appeal Christ School makes each year to alumni, parents and friends for unrestricted funds which can be used to meet the School's most pressing needs - including faculty recruitment and retention, financial aid and scholarships, and facilities maintenance. ALF donations also go toward supporting the school's day to day operating expenses. Gifts may paid by check, securities, automatic bank draft, credit card, or online. For information concerning the Annual Loyalty Fund, please contact the Advancement Office at email@example.com or by phone at (828) 684-6232 ext. 115.
Capital and Endowed Gifts
Capital and endowed gifts secure the long term strength of the school. Such gifts help build and renovate buildings. They allow us to expand our technological infrastructure. Endowment gifts provide income, in perpetuity, to pay for teacher salaries. Some of them provide annual scholarship income so we can enroll very talented boys who could not otherwise afford tuition. Other endowment funds provide for on-going maintenance or operating costs. Capital commitments are oftentimes payable over several years and are often paid by a gift(s) of an asset.
Planned gifts are gifts to the school which are generally realized at the death of the donor or a member of the donor's family. Many planned giving vehicles generate a guaranteed income stream to the donor for life. Planned gifts are also an excellent way to minimize one's tax burden. Estate tax can be reduced or eliminated.
Examples of planned gifts include:
- Charitable Remainder Trust
- Charitable Lead Trust
- Gift of Life Insurance
- Pooled Income Fund
- Gift of Retirement Assets, including IRAs
Please remember Christ School in your estate plans...and please tell us so that we may thank you.
For more details on Planned Giving, please call Denis Stokes or email firstname.lastname@example.org, Director of External Affairs, in the Advancement Office (828) 684-6232, ext. 115. You can also read more here.