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Annual Giving Campaign

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Like all independent schools, Grace-St. Luke’s depends on more than tuition to fulfill its mission. Your tax-deductible donations, particularly to the Annual Giving Campaign, are essential to maintaining and enhancing the educational experience of each student. This chart explains how GSL’s income and fundraising revenues are distributed each year:

• Your TUITION dollars pay for faculty & staff salaries and benefits, insurance, utilities, maintenance, security, books and supplies, financial aid.
• Your ANNUAL GIVING donations pay for advanced training for faculty, funding for scholarships/financial aid, technology enhancements/new equipment, campus amenities (new lights on Snowden Field, new surface for Lower School playground, etc.), endowment growth.
• Your PARENTS’ ASSOCIATION fundraisers (Anchor Auction, Book Swap, boxtops, Davis Kidd Book Fair, wrapping paper sales, Boosterthon, etc., earn dollars for teacher wish lists, guest speakers, athletic amenities, special projects as needed.
• Your BOOSTER CLUB dollars pay for additional athletic team uniforms, equipment and special projects as needed.

Gift opportunities:

    • Annual Giving Campaign The Board of Trustees oversees an annual drive to raise money for supplemental purchases and for financial needs not met by tuition income. All contributions are tax deductible, and many companies offer matching gift programs. Additionally, you can use this contribution to recognize a special person or event in the form of a memorial or honorarium. Annual Giving donations may be made in several ways
      • Cash: You may make a one-time gift or arrange a payment schedule. This is the simplest transaction option, and it allows GSL to fulfill its more immediate needs.
      • Appreciated Securities: Use stocks or bonds. Your tax deduction is based on market value, but you incur no capital gains liability. Additionally, GSL will work with your broker to keep it simple for you.
      • Real Estate: Not all such transactions are practical for the school, but many gifts of land, vacation homes, or other income-producing properties can be quite beneficial. You can give the property outright, transfer a part sale/part gift
      • Appreciated Assets: Do you own a collection of rare books or fine art or other material asset? Sometimes these can be used to benefit an institution like GSL, based on an independent appraisal and compliance with current IRS requirements and restrictions. Levels of Giving for the Annual Fund
        • GSL Saint: Up to $99
        • Luke’s Legion: $100-$249
        • Saints’ Chain: $250-$499
        • ’47 Society: $500-$749
        • Order of the Anchor: $750-$999
        • Headmaster’s Guild: $1,000- $2,499
        • Trustee’s Circle: $2,500-$4,999
        • Bishop’s Alliance: $5,000 or more
    • Endowment Fund These funds are carefully invested to generate revenues to fund current operating expenses, while earning income for the future. A strong endowment helps keep tuition levels affordable while providing resources to support scholarships and other amenities.
    • Gifts-in-Kind Your business may be able to provide services to GSL that save the school money while, possibly, earning you certain tax advantages.
    • Estate Planning
      • Retirement Account/Life Income Gifts: The balance remaining in your retirement account after your death can be designated to GSL by naming the school as a charitable beneficiary in your will. Additionally, a life income plan allows you to make a gift to GSL and receive payments from your gift.These gifts can include charitable gift annuities, charitable annuity trusts, and charitable unitrusts. Benefits to you include the opportunity to receive fixed or variable payments for life, to provide income for a surviving beneficiary, income tax deductions, reduction or elimination of capital gains taxes, and possibly savings on estate and inheritance taxes.
    • To give online or send a donation: Annual Giving
      For more information, please call the Development Office at 901-278-0200 or contact:

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