Lead us on to victory…
For those who have experienced St. Francis Prep first-hand, there are very few endeavors that could be as compelling as enhancing the quality of education while helping to insure its affordability for thousands of current and future students who come from all walks of life and are looking for the caring, disciplined, value-oriented environment they find at the Prep. With your help, the Prep will continue to build and expand this legacy over the next 150 years—and perhaps even longer!
Later this year you will be asked to consider your support for the campaign, and you can demonstrate this in many ways, with each method having particular benefits and/or distinct tax advantages. You can choose from any of the following methods to make your contribution or, should it suit your needs, you may combine methods:
Pledges: The most popular form of commitment (and the method we encourage our donors to seriously consider), pledges may enable you to make a more generous commitment than you might have otherwise, as the payments can be spread over as many as five years. Essentially, pledging your support allows you to manage your giving over a period of time to better suit your budget.As you consider your support for this important campaign, please keep in mind:
Cash: Cash contributions made by check (including down payments on pledges) enable you to take advantage of the tax benefits associated with charitable gifts made in a particular tax year. Contributions of cash (by check) are also the most direct and immediate way to help the Prep fund the capital improvement project.
Gifts of Securities: Gifts of securities or other marketable assets are always welcome (either as payments on long-term pledges or as one-time contributions). Such gifts—in the form of publicly traded securities or from private companies—can provide significant tax advantages when compared to cash donations. You can deduct the current "fair-market” value of the donated securities as a charitable gift and be exempt from capital gains taxes on any appreciation that may have occurred. Unless you request otherwise, marketable assets will be liquidated to ensure your gift delivers the most immediate benefits to the school.
- All gifts are tax deductible as provided by law. You should consult your financial advisor to ensure you take full advantage of the tax benefits.
- Gifts may be made in memory of a loved one or in honor of someone special. All such gifts will be recognized in accordance with the donor’s wishes and as appropriate.
- Payments on pledges may be made in annual, semi-annual, quarterly or monthly installments, and a suggested initial payment of at least 10 percent of the total amount pledged is the guideline that has been established for this campaign. This initial payment is not required but is important to our continuing efforts.
- All gifts and payments will be officially acknowledged—with the acknowledgements also serving as receipts for tax purposes.
You can also plan for your gift
to utilize life-income trust agreements, allowing you to maximize the impact of your donation while still maintaining or increasing your annual income, enjoying a tax deduction, and possibly receiving favorable treatment on capital gains. Bequests and Life Insurance Plans (naming St. Francis Prep as a beneficiary) can also be a part of your giving strategy.
Regardless of how you choose to make your gift, however, and regardless of the amount, representatives of the Prep are available to discuss how arrangements can be tailored to best suit your needs.
When asked, please give as thoughtfully and as generously as you can and pray that this campaign serves as St. Francis Prep’s answer to all those looking for assurances that this wonderful school will be there—and will remain at the forefront of Catholic secondary education—for future generations of deserving students.
For more information on ways to participation in
The Campaign for St. Francis Prep please contact:
Robert T. Angeletti
Director of Development
718.423.8810, ext. 269