Ways to Give and Type of Gifts

Gifts to Immaculate Heart of Mary Catholic School provide the essential means to carry out our mission and to continually expand and strengthen the quality of services we provide to our children, families, faculty and staff.  They also provide a tax-deductible contribution for the donor.

Annual Fund

After its inception, the Annual Fund quickly became the cornerstone of our development efforts for advancement at IHM School.  Each year, gifts to the Annual Fund help to supplement the operating costs of running the school that are not covered through tuition, as well as help us make capital improvements to the school.   Unrestricted gifts to the annual fund are critical to meeting the school’s most immediate needs, while providing a tax benefit to the donor.

You may access our 2010-2011 Annual Report here.

The Endowment Fund

The Endowment Fund enables IHM School to secure a strong future as we face the challenges of continuing to provide excellent and affordable Catholic education.   A gift to the endowment will have an everlasting impact on our school as only the interest income is used, leaving the corpus intact to continue to grow our future.   The two primary goals of the Endowment are:

  1.  Provide need-based scholarships and financial aid to qualified, talented and diverse students who would not otherwise be able to attend IHM School
  2. Cultivate academic leadership through the acquisition of specialized educational resources for elementary and middle school students, increased professional development opportunities and funding for continuing education programs and advanced degrees for teachers.
ways_to_give2The Immaculate Heart Society

The Immaculate Heart Society recognizes those who support the school through a gift to the school that helps a donor’s financial and estate plans while creating a lasting legacy for the donor. Examples of ways to support the IHM mission through planned giving include: naming the school as a beneficiary in your will, making a specific bequest to the school, giving a gift of stocks or bonds, the donation of a life insurance policy, naming IHM School as the beneficiary of a 401(k) or retirement account, creation of an annuity or a charitable remainder trust (CRUT). Planned gifts can be specified to go towards the Endowment Fund or the Annual Fund.

General Tuition Assistance Fund

Many members of our community donate directly to a Tuition Assistance Fund that helps families with financial need pay their tuition.

Renee Richardson Legacy Scholarship

This award was established to honor Renee Richardson, a former IHM student who always placed the needs and concerns of others over her own.  She truly modeled Gospel values and was a positive, productive member of society.  This merit award, voted on by peers, is given to an 8th grade student who, like Renee, models Gospel values and exemplifies a positive attitude at IHM.

GRACE Scholars, Inc.

The G.R.A.C.E. (Georgia Residents Assisting Children’s Education) Scholars Incorporation offers families access to an academically strong, and faith and community based Catholic school in the State of Georgia.  Any taxpayer in Georgia can redirect part of their Georgia income tax to a student scholarship organization (SSO) to provide scholarships for students to attend private schools.  The tax payer receives a 100% tax credit against their Georgia tax liability for the amount contributed to GRACE. Therefore, money that was going to pay taxes has been redirected to support Catholic education for those in need.  What is especially appealing to donors is that they can specify which Catholic school they would like to receive their donation. For more information, visit www.gracescholars.org.

 Types of Gifts:
Cash Contributions

Unrestricted gifts of cash are the simplest, most direct way to support the school.  Honorarium and memorial gifts can be specified with a cash gift.  These gifts are fully tax deductible.

Matching Gifts

Many businesses have programs that will match your gift to IHM School.  Ask your company’s Human Resources department to see if they offer this benefit and get the forms necessary to double or even triple your original contribution.

Stocks and Securities

Gifts of stocks, securities or bonds are an excellent way to make a contribution and avoid paying capital gains tax on the appreciated stock or security.  Contact the Development office if you wish to make a contribution in this way.

If you would like to donate to support IHM, click here: donate

 
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