Annual Fund
What is the Annual Fund?
The Annual Fund is the avenue through which our families and friends are able to make a meaningful gift to the school. This gift will help to bridge the gap between the cost of an FPD education and tuition. It also helps provide the extras needed to make FPD a school of excellence! Although it is our goal for operating costs to be covered by tuition revenue and investment earnings that is not the case yet. Therefore, we rely on the Annual Fund to provide supplemental operating funds as well as enhancements to our programs. Although we would love for your gift to the Annual Fund to be unrestricted, we are also interested in gifts to specific programs such as Athletics, Fine Arts, Academics etc…
Is my gift tax-deductible?
In most cases, yes. FPD is a non profit 501(c)3 organization which allows all gifts made to the school to qualify for a tax deduction. However, you will need to consult with your tax advisor for rules governing your specific tax situation.
How can I make a gift?
We accept donations of cash, credit card, stocks and securities, and personal property. Checks need to be made payable to FPD and sent to Annette Rogers, FPD, 5671 Calvin Dr., Macon, GA 31210. For Credit card gifts you can mail or email me the type of credit card, card number, gift amount, expiration date and billing address. Stocks and securities are a wonderful way to make a meaningful gift as you avoid capital gains taxes. This type of gift should be directed to our Merrill Lynch account DTC#5198, Account #706-04A67.
This year we are offering a new way to make a gift. Parents of FPD students may make a pledge and have the amount added to their tuition statement. It could be a monthly, quarterly or one-time gift. Please print a copy of the pledge statement and send it to me via regular mail or email and I will take care of it.
Matching Gifts
Many companies offer matching gifts for their employees. This allows your gift to be doubled or even tripled. We presently receive matching gifts from: New York Life, Northwestern Mutual Life Insurance, Brown & Williamson, Abbott Laboratories, Citigroup, Baxter Allegiance, Merrill Lynch, Unilever, and J.C. Bradford & Co. There are many more matching gift companies. Please check with your human resource representative when you make your gift to the school. I will gladly send in the information required for the matching gift.
Endowment Fund
Our Endowment Fund continues to grow as we receive the final pledge commitments for the FPD2000: Completing the Vision Campaign. The Endowment has already been very beneficial to many families. At this time we have received $2.6 million in gifts to the fund. We have approximately $300,000 in commitments to be received within the next year. This provides FPD a financial foundation that is important to the long-term stability of our school in addition to the opportunities for scholarships and tuition assistance. As our Endowment grows, we will be able to provide even more programs and opportunities for our students and faculty.
One important understanding we need to remember is the desire to see the Endowment Corpus continue to grow. The vision of FPD is that no student should be deprived a Christ - centered, college preparatory education because of his/her financial situation. A percentage of the fund's earnings allow us to provide need based tuition assistance to those who would not be able to otherwise attend FPD. In order to keep this vision alive, we must continue to give to the Endowment fund.
There are several ways you may give to the Endowment Fund. Gifts of stocks, securities, real estate or other properties can offer attractive tax benefits. Please instruct your broker to forward any gifts of stock or securities to Merrill Lynch DTC#5198 Account # 706-04A67. We also accept gifts of cash, credit cards, pledges and planned gifts. Please feel free to contact Annette Rogers in the Development Office for details.
Planned Giving
A planned gift also known as an "Ultimate" gift will be used to increase the Endowment fund and will remain in perpetuity. This gift is a wonderful opportunity to make a gift that will last a life time. Opportunities for planned giving are many. The following are just a few:
Bequest - A gift made through a will and given to the named beneficiaries after the death of the will's maker. Charitable bequests may be designed when a new will is executed or added to an existing will through a codicil.
Charitable Lead Trust - A donor may create a trust in which the income is paid annually to the school for a term of years, after which the principal reverts to the donor or non-charitable beneficiaries, usually family.
Charitable Gift Annuity - The donor receives a guaranteed income for life. The income paid to beneficiaries is a fixed dollar amount annually, no matter how much the trust earns. The amount must be specified in the trust instrument as either a dollar figure or a percentage (not less than 5%) of the initial value of the asset used to fund the trust.
Pooled Income Fund - A charitable trust arrangement where gifts from many donors are combined and invested by the school or a trustee to produce an income for donors. Each beneficiary is entitled to a prorated share of the pooled fund's earnings each year for the donor's lifetime. At the donor's death, the value of the prorated share of the initial gift goes to the school or it may go to a second beneficiary, the prorated share of the initial gift goes to the school.
Retained Life Estate - A donor retains the right to live in his or her personal residence, farm or condo for life or for the lifetime of more than one tenant, after which the residence becomes the property of the school.
Please call or e-mail Annette Rogers in the Development Office for further information and she will have a planned gift specialist contact you. We will be having some seminars to further explain the different types of planned gifts.
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