Giving to St. John’s

Annual Giving – “Truth and Courage” Annual Fund

Tuition covers only 41% of the operating budget – the Archdiocese recommends that no more than 35% comes from parish collections.  The balance 24% of non-tuition revenue is comprised of philanthropy (annual giving and endowment) and auxiliary income. Annual Giving funds are used to purchase such items as art and music supplies, library books, computer software and hardware, and athletic equipment. Annual Giving also serves to supplement faculty benefit packages so that St. John’s can attract and retain the best teachers available. 

 

Alumni Fund

The Alumni Fund provides a permanent source of income that supplements tuition through named scholarships and prizes.  This fund is used to recognize outstanding student performance, support initiatives that promote Catholic identity and preserve the infrastructure of the school.

 

Named Scholarships

St. John the Baptist provides family and friends the option of establishing scholarships in honor of or in memory of a loved one or family member.  You participate in selecting the criteria for nominations, set the amount and can also participate in awarding the scholarship in honor of your loved one.

 

Endowment Giving

The general endowment provides a permanent source of income that supplements tuition and philanthropic revenue. This endowment enhances the educational program, supports faculty compensation and professional development, increases financial aid and provides financial stability in times of economic uncertainty. Named scholarships and prizes are used to recognize outstanding student performance, support continuing education for faculty, and enrich the educational program in numerous ways.


Planned Giving Options

Bequest
A very common option among planned givers is a bequest, naming St. John the Baptist in your will.  Talk to your financial planner for the best bequest strategy for your specific needs.  Oftentimes, the best assets to bequeath are pre-tax retirement plans. There is no income tax or estate tax loss on pre-tax assets bequeathed to charity. Simply contact your plan administrator for a beneficiary change form, often available on the administrator’s web page.

Life Income Gift
You can irrevocably transfer some assets now, and in return, you (and a survivor, if you wish) receive income for life.

Gift of Life Insurance
Some of our supporters no longer need their life insurance, which was purchased years ago to provide for children or other family members, and donate the policy to St. john's. Others designate St. John's as a policy beneficiary.

Pooled Income Fund
Your gift of money, marketable securities, or both is invested together with similar gifts from other supporters.

Charitable Lead Trust
Individuals with very large estates can use a charitable lead trust to benefit St. John the Baptist and pass principal to family members with little or no tax penalty.

Gifts of Retirement Plans
Your IRA assets will be bequeathed directly to the St. John the Baptist or to a charitable remainder trust. The trust will provide life income to the beneficiaries, and then an eventual gift us.

For more information on these options, please contact your financial planner or attorney.

 

Other Methods of Giving

·         Securities
If you hold appreciated securities, you can make an outright gift to St. John the Baptist and receive a deduction for the full fair market value, and avoid a capital gain tax liability.

  • Real Estate
    You can make an outright gift of your residence or other real estate to St. John the Baptist School and qualify for a charitable deduction. A gift of real estate enables you to realize substantial savings on capital gains tax on the appreciation of the property, and provides an immediate income tax deduction.
  • Other personal property
    Artwork, antiques, rare books and other valued collections currently qualify for charitable deductions when their use relates to the education that St. John’s provides.

 

Bequest Language for Estate Planning

Specific Bequest: St. John's is named to receive a certain amount of cash or property from a donor's estate.

  For more information about our giving programs please contact Maryanne Thompson, Director of Institutional Advancement at 610-847-5523 or by email at development@sjbottsville.org

Educational Improvement Tax Credit Program (EITC)

Tax credits to eligible businesses contributing to a Scholarship Organization, an Educational Improvement Organization, and/or a Pre-Kindergarten Scholarship Organization.  Get credit and help St. John the Baptist School.  Click here to see if you qualify.