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Columbia Academy

Development


January 15, 2010

TO: Potential Donors

RE:  Columbia Academy Fundraising Efforts

 

This letter is a follow up to my earlier letter on fundraising.  The purpose of this letter is threefold.  First, I want to report on the progress of our 2009/2010 Annual Fund.  As was stated in our earlier letter, our goal is $125,000.00.  As of this date, we have raised $62,000.00.  This year’s Annual Fund effort will end on June 15, 2010.

Secondly, I want to thank all of you who have participated in our effort.  Our donations have been of every size and have come from both present patrons and individuals who have not had a student in school for years.  We have some of our own employees who have continued to have withholdings from their checks to support our efforts. I thank each of these people in recognizing the importance of additional support for our school and our children.

Finally, I want to address the continued efforts for the Annual Fund.  I encourage those who have not contributed to seriously consider doing so.  The importance of outside sources of money will continue to become more vital for successful independent schools like Columbia Academy.  Our board is presently studying the budget for the next school year.  Certainly, the most daunting part of that task is the setting of tuition and fees.  I am proud of the work that our board has done in keeping tuition affordable for our patrons.  I do not know of any independent schools that are dually accredited and offer the academic and extra-curricular opportunities that we offer with tuition as low as ours.  Money from major fundraising efforts such as the Annual Fund will help keep tuition affordable and allow us to keep offering all of our great programs.  Remember that any amount given will make an impact for our students.

In addition to our own contributions, each of us needs to become part of the Columbia Academy fundraising effort.  If we know of potential donors who may donate, we need to be prepared to ask for their help.  Certain companies have matching programs where they will meet the donations of an employee.  Other companies have funds available to help non-profit entities.  In addition, family and friends have an interest in seeing that our children succeed.  The Annual Fund is being managed by my office and board member Todd Watts. Some schools have a development office or individual who just handles fundraising.  We do not feel that is practical for our school.  We need everyone’s help to raise as much money as possible with very little administrative cost.

I am once again enclosing the details of our fundraising efforts.  This information can also be found on our website, www.cacougars.com , under Development.  If you should have any questions, please let me know.

 

Sincerely,

H. Tom Porter

 


Support Columbia Academy

Honoring the past, securing the future….

The above slogan was adopted in our Capital Campaign and will continue to be our pledge as we undertake future fundraising efforts. Columbia Academy has had a rich past that foremost has molded its students into respectable citizens. We look forward to a future of being a major influence in our students’ lives. Our donors share our commitment to make Columbia Academy a leading independent school.

Columbia Academy welcomes your financial support. The generosity of Columbia Academy families and friends make the Columbia Academy experience special.

CA is a 501(c)(3) institution so all gifts are tax deductible. You may make a gift of cash, check, or securities. Gifts of cash or a check should be sent to Columbia Academy, 1548 Hwy 98 East, Columbia, MS 39429. Checks should be made payable to Columbia Academy.

Gift Opportunities

Annual Fund:

Beginning in 2009, the Annual Fund will be our major fundraising effort. The purpose of the Annual Fund will be to provide enhancements to our education offerings that tuition dollars cannot offer.

The Annual fund goal for 2009-2010 is $125,000.00. Our goal is 100% participation from the Board of Directors, faculty, and a significant increase in giving among our current parents, past parents, and alumni.

DONOR LEVELS

Trustee’s Circle $5,000 and above

Chairman’s Circle $2,500 - $4,999

Headmaster’s Circle $1,000 - $2,499

Foundation Club $500 - $999

Century Club $250 - $499

Spirit Club $100 - $249

Patrons Club Up to $99

Miscellaneous Gifts:

Outside of the Annual Fund, there are many ways to contribute to Columbia Academy. We appreciate all gifts. The following is a list of giving methods that are both traditional and innovative.

Outright Gift Options:

*CASH - The simplest and most common gift is cash. For income tax purposes, a cash gift is deductible to the fullest extent allowed by law.

*STOCK- Gifts of long-term appreciated securities offer multiple tax savings for the donor.

*REAL ESTATE- A charitable gift of real estate can be particularly tax-advantageous.

*GIFTS-IN-KIND -A donor may contribute personal property such as computers, equipment, jewelry, art, boats, and motor vehicles. In general, you may receive a tax deduction for the fair market value of the item donated as determined by an appraisal.

*MATCHING GIFTS -Many corporations will match the charitable gifts made by their employees. Please inquire with your employer to see if gift matching is available.

*MEMORIALS & HONORARIUMS -Remember all gifts may be made in memory or honor of a loved one. We will gladly send an acknowledgment card to whomever you request.

Planned Gift Options:

Giving cash may not always be the best way for you to make a gift to Columbia Academy. The list below briefly describes giving methods that may be more financially advantageous for you and your family.

Gifts by Donor’s Will:

In addition to outright bequests, a will can provide remainder trust, gift annuities, lead trusts and retained life estate plans. This is the most common form of gift giving other than cash.

Gifts of Appreciated Stocks or Bonds:

This option allows the donor to save taxes twice through charitable deduction and the avoidance of capital gain tax.

Life Income Gifts:

Funded by appreciated stock, bonds, or real estate, the donor can save taxes twice, while providing dependable income for the lifetime of the donor and/or others through various trust vehicles.

Life Insurance Policies:

You can make the school beneficiary or owner of the policy. This can be a gift with modest out-of-pocket cost, particularly attractive to younger donors, and those of any age who have paid-up policies which may no longer be needed for the original purpose.

The Gift You Can Live In For Life:

You can make gifts of real estate, your home or farm, retaining the right to live in the property for the rest of the donor’s life through retained life estate.

The Gift You Get Back:

You can make gifts of income, with the income-producing asset placed in a Charitable Lead Trust for a fixed time period, returning later to the donor or heirs.

Wealth Replacement:

You can make gifts paying a life income to the donor and/or others adding insurance to replace the asset value which would have passed to the heirs. The costs of premiums are often offset by tax savings and/or increased income from the gift plan.

If you would like information regarding any of the above opportunities, contact Tom Porter at 601-736-6418. Remember that all financial matters should be discussed with your private attorney or professional financial advisor.


For questions or comments please email us at weshoffman49@cacougars.com
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