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The
Cornerstone community has given of its time, talents, and resources over
the years, and for that we are truly thankful.
We
ask that you prayerfully consider joining with us by giving a gift to
CCA. With your support we will keep teaching our students how to reach
their maximum potential, and train them to be the leaders of tomorrow.
We wish to stress that every gift - no matter how large or small - is
vital to the ultimate goal of providing more students with a quality Christian
education. We invite you to join us in joyful anticipation as we watch
God grow this school to His glory.
CCA
Annual Fund
The
Cornerstone Christian Academy annual fund provides an opportunity for
parents, grandparents and friends to offer gifts of support to the school.
Tuition at Cornerstone falls short of our operating budget and annual
fund dollars fill the gap. These tax-deductible gifts support the academic
program with equipment, curricular supplies, and facilities care and upgrades.
We
feel God has called Cornerstone Christian Academy to minister to the children
in our communities to prepare them to impact the world for Jesus Christ.
We take this responsibility seriously and ask you to join us by calling
the school today to speak with someone to determine how you can be a part
of this ministry.
Planned
gifts allow you to make a commitment today that will help Cornerstone
Christian Academy continue to fulfill its mission of educating and developing
the next generation.
Nine
ways you can make a significant impact on Cornerstone's future:
- Outright
Gifts of Cash
- Outright gifts of cash are fully deductible up to 50% of your
adjusted gross income if you itemize your tax return.
- Outright
Gifts of Securities
- You can take a tax deduction for the full fair market value
of the securities at the time you make your gift and avoid capital gains
taxes that would be due if you sold your securities.
- Outright
Gifts of Real Estate
- You can take a tax deduction for the full fair market value of the
property at the time you make your gift and avoid capital gains taxes
that would be due if you sold your real estate.
- Gifts
by Will
- There is no impact on your current financial picture since a will
has no effect on your estate until you die. In addition, outright
bequests are fully deductible in computing your estate taxes and may
reduce the tax burden on your estate.
- Gifts
Through Life Insurance
- Gifts of a policy are tax deductible (deduction is usually equal to
the cash surrender value), as are any future premium payments. Life
insurance gifts are simple. (Your insurance company can provide you
the appropriate form to make Cornerstone the owner or beneficiary of
a policy.)
- Gifts
through Charitable Gift Annuities
- You receive fixed payments for one or two lives (based on your ages
when you fund the annuity) and receive an income tax deduction (a large
part of each transfer for a gift annuity is treated as a charitable
gift).
- Gifts
through Charitable Remainder Trusts
- You receive an annual income from the trust at a rate chosen by you
(a minimum of 5%). An income deduction is allowed for the value of the
charitable remainder, and gift and estate tax deductions are also allowed.
You avoid capital gains tax on appreciated assets in the trust.
- Gifts
through Charitable Lead Trusts Which Ultimately Return the Trust Principal
to You
- You receive an immediate income tax deduction for the present value
of the total income payments to Cornerstone. At the end of the trust
term, the assets revert back to you.
- Gifts
through Charitable Lead Trusts Which Ultimately Pass the Trust Principal
to Loved Ones
- You can greatly reduce gift and estate taxes. At the end of
the trust term, the trust principal, and any growth in the trust assets,
will pass to children or other loved ones.
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