"One of the biggest decisions parents face with their children is who they entrust to educate them. Being a family with Christian values, we have been blessed to have a school like Trinity Christian Academy to assist us in instilling those values in their hearts."
Mark and Valerie Johnstone,
TCA parents of Foster, Mary Parker and Wells
Where a gift to the annual fund makes an immediate financial impact upon the school, a gift from your estate would assist in the long-term outlook for Trinity Christian Academy. Normally, a gift from your estate would be added to the School’s endowment and would ensure that there will be a financially strong and academically excellent school for generations to come.
Bequests are very important to Trinity Christian Academy’s future. They turn hopes and plans into reality. The School can benefit from the great generosity of donors who make Trinity part of their estate plans. We encourage everyone to have an up-to-date will, and we hope you will consider Trinity Christian Academy as one of the beneficiaries.
If you are interested in making a gift to Trinity Christian Academy and receiving annual income, you should consider establishing a charitable remainder trust. Trusts can provide you and/or a loved one with a guaranteed income for life as well as a charitable tax deduction.
A charitable lead trust is a custom designed and individually managed trust that enables you to give a fixed or variable annual amount to Trinity for a fixed term of years. Upon conclusion of the fixed term, the trust terminates and according to the terms of the trust, distributes its remaining assets back to you or to one or more individuals that you have specified.
Should you have a life insurance policy that has our lived its original purposes, you might want to consider putting the money to work for Trinity. You can amend an existing policy so that the School is the beneficiary; or transfer a policy on which you have paid some of the premium, claiming an income tax deduction on the present value of the policy.
In gifting real estate, there are several options that can be considered. An outright gift of a home, farm, vacation property or land avoids capital gains taxes and permits the donor to take a tax deduction for the full value of the gift. Another option is to gift the property while retaining the use of it for the donor’s lifetime. This arrangement is known as retained life estate and is usually more suitable for an older donor.
For more information on a gift from your estate, please contact the Development Office.
Many corporations offer matching gift programs for employees and their families. Most programs match on a dollar per dollar basis. If you work for a matching gift company, all you need to do is secure a matching gift from form your employer and return it to Trinity with your gift. Trinity will then verify the amount of the gift and submit the form to your company.
Remember, when Trinity appeals to your generosity, the gift is appreciated. However, your participation in the support of your school, whether you are a current parent, grandparent, or alumni is something in which we are delighted. We urge you to consider making Trinity one of your philanthropic priorities.
Trinity is a 501(c)(3) organization and gifts are tax deductible to the extent allowed by the law. The purpose of this information is to provide general gift, estate, and financial planning opportunities. It is not intended as legal, accounting, or other professional advice. For assistance in planning charitable gifts with tax and other financial implications, the services of appropriate advisors should be obtained. Consult an attorney for advice if you plans require revision of a will or other legal document. Tax deductions vary based on applicable federal discount rates, which can change on a monthly basis. Some opportunities may not be available in all states.