All donated gifts go directly to the school to support efforts to develop and maintain a challenging curriculum that reflects the philosophy and mission of Saint Mary's Academy.  There are several tax deductible opportunities:  

 

    * Cash Donations. Check or credit card contributions yield tax benefits if the

      deductibles are itemized to the government's satisfaction. OR...

      Negotiate with your bank that a specific amount determined by you be sent                 monthly to Saint Mary's Academy, attn:  Development Office.

    * Matching Gifts. Many corporations/businesses have a matching gift program. 

      When an employee gives a monetary gift to the institition of his/her choice, the

      employer with either match, double or triple the size of an individual gift and

      awards the assets to the school

 

    * Stocks/securities By transferring appreciated stock to Saint Mary's Academy

      prior to selling it, the capital gains  on the amount of appreciation is

      avoided and the donor receives a tax deduction for the full market value

 

    * Planned giving. A bequest is usually the simplist kind of planned gift.  It is a

      provision in a donor's will and testament which names a charity (in this case,

      Saint Mary's Academy) as a beneficiary of a portion of the donor's estate.  The

      estate, then, receives a charitable deduction for the total amount designated to

      the school.  As circumstances change, the bequest can be altered by the donor.

 

    * Endowment.  The basic concept of an endowment is a permanent fund that is

      restricted and of which the principal is preserved.  Donor's contributions to Saint

      Mary's Endowment Fund are invested and a detemined percent of the portfolio is

      used for purposes restricted by the endowment fund.  Thus, the endowment

      becomes a gift that lives forever and helps the school maintainn affordability by

      providing revenue to subsidize the operating budget of for tuition assistance.