Co-minister with Us
The Annual Fund is a yearlong effort to help fund school advancement projects. Various publics are contacted through a parent phase, an alumni phase, a faculty phase, a friends phase, a grandparents phase, and a School Advisory Council phase.
This fund includes gifts to a fund necessary for guaranteed perpetuation of the school’s service to the community at desired and improved standards. Many gifts to this fund are made upon the death of loved ones or other people whom donors wish to remember in a special way while benefiting Vandebilt students at the same time.
A planned gift is one that is legally established during the donor’s lifetime with the principal benefits generally not accruing to the Catholic school until some future date. These gifts include bequests, life insurance, charitable gift annuities, pooled income funds, real property, and charitable trusts.
Interested persons may attend school-sponsored seminars or receive informational brochures from the school and/or may contact the president or Advancement Office for more information.
Endowed scholarship gifts are made in perpetuation, whereby the interest earned would provide tuition assistance for students at Vandebilt. Interested persons may receive information by contacting the Advancement Office.
These gifts are earmarked for providing partial or total tuition for a student.
Manner of Giving: Gifts of any part of a year’s tuition are often personally arranged through the president but are also accepted via mailed gifts addressed to the president and specified as a donated tuition payment.
SPECIFIC SCHOOL DEPARTMENTS OR PROGRAMS
Gifts may be made to specific curricular or co-curricular areas, programs, or other designations.
Manner of Giving: Contact the president or the Advancement Office with inquiries about requested materials or to make gifts.
Donations of employees or participating retirees of a company or corporation with a matching gifts program may qualify to be matched by the company. To determine if the program includes gifts to secondary schools, check with the employer.
METHODS OF GIVING
Businesses that make gifts can receive tax deductions for donating inventory, equipment, materials, and service as well as cash.
Charitable giving including cash and some other property is deductible up to fifty percent of adjusted gross income in any one year.
A legacy in a donor’s name can be made by designating Vandebilt as owner and beneficiary of the life insurance policy. Check with your insurance agent and your tax advisor about this.
Real estate and personal property that would benefit Catholic education at Vandebilt qualify as charitable gifts.
STOCKS, BONDS, MUTUAL FUNDS
Donors of securities that have appreciated in value can often avoid capital gains taxes. Check with a broker and your tax advisor about making this type of gift.
WILLS AND BEQUESTS
Including Vandebilt in one’s will is an excellent manner of providing a lasting testimony to generosity of spirit and dedication to education in the Catholic Christian context Vandebilt offers.