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Giving Opportunities
We thank you for considering making a donation to our wonderful school. Below our some giving possibilities. For more information, about these or any other options, please contact Joan Redman, Fund Coordinator at 978-688-9181 or e-mail the school.
Take a few moments to think about the best ways to make lasting gift for the long range benefit of Catholic education at St. Michael School. Always remember that gifts cane be designated to honor special loved ones. Perhaps even as a gift at Christmas, Graduation, Birthday or Anniversary. Ideas to consider: Annual Fund:
The Annual Fund is a yearly appeal to help fund specific projects and/or purchases not covered in our annual budget. These projects and purchases always yield direct services or materials for the students currently enrolled in the school. Gifts are solicited from all constituencies (parents, alumni/ae, parents of alums, grandparents, faculty, staff and friends.) St. Michael School endeavors to maintain an affordable tuition, therefore enabling families from a wide range of backgrounds to take advantage of the educational opportunities that the school offers. In addition, the Annual Fund allows others in the St. Michael School family besides parents to show their support for the school in a tangible way.
To view our most recent Annual Fund Annual Report, please click here
Additional information and donations for the Annual Fund can be made by clicking here.
Planned Charitable Gifts:
Charitable gift planning is actually a contribution where the method and timing of the gift are specifically designed to be of benefit to both the donor and the recipient of the gift. The donor may realize numerous benefits including: income tax incentives, guaranteed lifetime income, reduction or elimination of capital gains and estate taxes, and the satisfaction of making an important charitable gift to a worthy cause. The recipient of the gift, benefits by knowing it can make long range plans while relying upon a dependable source for future funding. The methods of financing a Charitable Gift Plan are nearly limitless and include gifts of cash, securities, real estate, life insurance policies, works of art, income producing property and business assets.
Endowment Gift:
Building an endowment is crucial to the future of Saint Michael School. The goal is to create a strong foundation for economic survival in times of fiscal uncertainty. The endowment will be directed toward keeping tuition affordable, keeping up with technological and educational advancement, maintaining a commitment to the arts and humanities, building maintenance and renovations, and maintaining fair and just wages.
Additional information regarding Endowment Gifts can be located by clicking here. Scholarship Aid:
You could give the gift of a Catholic Education to a child in need. This could be done on a yearly, monthly or even weekly basis. What a wonderful legacy this would be for you or your family!
Gifts of cash:
Monetary gifts are the most popular methods of giving. Such gifts are convenient and can be tax deductible. Don't forget our Annual Campaign
Other property:
Gifts may also be funded with assets such as stocks, bonds, and mutual funds that have increased in value. This type of giving can allow you to avoid the capital gains tax. These assets must be reviewed to meet those regulations and must be given for charitable use. This extra tax benefit is contributing to an increase of people in memorial gifts using property.
Legacy Giving:
Many discover that their long-range estate and financial plans provide a thoughtful way to make memorial gifts in honor of others. Consider the following:
- A gift included in your will or living trust.
- A gift of excess retirement funds and/or, Individual Retirement Accounts (IRAs).
- Life Insurance Policies whose protection is no longer needed
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