FAQs & Ways to Give
- Q. What is the Office of Institutional Advancement?
- Q. Who do I contact, to…
- Q. What is the Annual Fund?
- Q. Doesn’t tuition cover costs at GA?
- Q. How much should I give?
- Q. Are gifts to Germantown Academy considered tax-deductible contributions?
- Q. How can I make my gift?
- Q. May I make a gift of appreciated stock?
- Q. Can I honor a favorite teacher with a gift this year?
- Q. What is the difference between annual and capital giving?
A. The OIA is responsible for advancing the mission of the school through fundraising, alumni relations, parent relations, marketing, and communications. The Office’s work of establishing and cultivating relationships across all constituents results in goodwill and financial support of the school.
- Make a gift or learn more about ways to give? Kelli Kaput - EMAIL; 267-405-7314
- Discuss Gift Planning? Martin Dean - EMAIL; 267-405-7458
- Volunteer to help? Jessica Holl - EMAIL; 267-405-7292
- Learn more about major gift and restricted giving? Audrey Schnur -EMAIL; 267-405-7212
- Get involved as an Alumnus? Heather Durkin – EMAIL; 267-405-7374
A. The Annual Fund provides the most important source of financial support to GA. While tuition is the largest segment of revenue to GA, other tax-deductible contributions, such as gifts to the Annual Fund, enable the school to meet the yearly operating budget goals. These unrestricted dollars provide immediate support for daily learning resources and teaching tools for students and faculty. As with all major independent schools, the Annual Fund is a critical piece of the school's continued advancement.
A. Not quite. Although it does cover a majority, tuition does not cover all expenses related to a student’s education (there is approximately a $3,000 gap per student each year). The Annual Fund helps to bridge this gap. Germantown Academy asks the entire school community (alumni, parents, parents of alumni, and friends) to support the school.
A. There are several ways to make a gift:
- Gifts/Pledges can be made online at here (Visa or Mastercard accepted).
- Gifts can be made by check (written to Germantown Academy) mailed in response to an Annual Fund appeal received in the mail throughout the year.
- Text “PATRIOT” to 243725 to make a gift with your smartphone.
- Contact the Office of Institutional Advancement at 267-405-7314 to give via phone.
A. Yes, stock gifts can be of great benefit to both the donor and the institution receiving the gift. You may be able to avoid capital gains tax by making a gift of appreciated stock. Please contact the Office of Institutional Advancement for instructions on how to transfer stock – or CLICK HERE!
A. You can honor any special person by making a tribute gift to the Annual Fund in his or her name. Your donation is a wonderful way to express your admiration while making a difference at GA. Your honoree will be notified of your thoughtful gesture with a Belfry note card (sample here!). Should you wish to personalize it, contact Kelli Kaput or call 267-405-7314.
A. Annual giving is money for the school’s current year operating expenses. Its functional equivalent is a checking account that helps the school accomplish its daily work. These gifts support teacher salaries and benefits, but also library acquisitions, teaching tools, educational technology and equipment, even down to such necessities as light bulbs.
B. Capital giving is major gifts to meet building, major equipment and related endowment needs that the school cannot pay for out of operating funds. These gifts usually fund bricks-and-mortar building projects and are generally larger amount gifts. Pledges to capital projects are usually paid over three to five years.
Ways to Give
Gifts of Cash
Cash gifts given outright are the most common type of contribution. They can be made by an individual, a corporation or a foundation. You can also make your gift online using our secure payment system. CLICK HERE.
Double your dollars! If your company offers an Employee Matching Gifts program, you can make your contribution to Germantown Academy go farther. With this type of gift, you can easily double your support of GA and strengthen the educational experience for our students. Just mail your company's matching gift form with your contribution and we will take it from there. CLICK HERE to see if your company will match your gift to the Annual Fund.
Electronic Funds Transfer
A convenient way to support GA is through Electronic Funds Transfer (EFT). You can quickly and safely set up your credit card to automatically deduct a specified amount monthly to the GA Annual Fund. To participate, contact the Office of Institutional Advancement.
Tribute and Memorial Gifts
Honor someone special – a teacher, coach, alumnus or friend by making a memorial or tribute gift in his or her name to Germantown Academy. With your gift, you may celebrate those whose memories fill your heart or whose presence fills your life. For birthdays, anniversaries, remembrances, or "just because," your donation in someone's honor is a wonderful way to express your admiration while making a difference at GA. For more information, contact the Office of Institutional Advancement.
Gifts of Appreciated Securities
Outright gifts of appreciated securities may entitle the donor to a double tax benefit: the donor does not recognize capital gain on the transaction and may take a current income tax charitable deduction for the full fair market value of the asset (up to 30% of adjusted gross income, with a five-year carry-over of any unused deduction). CLICK HERE for instructions on how to transfer stock to Germantown Academy.
If you are not ready to make your cash gift, you can pledge your commitment to GA to be paid prior to the end of the fiscal year. You can do so by contacting the Office of Institutional Advancement. You will receive quarterly reminders at your request. Additionally, you may prefer to spread out the payments of a significant gift up to five years on a schedule convenient to you. A pledge may allow you to contribute more significantly to Germantown Academy than might otherwise be possible, while extending tax advantages over a period of several years.
Gifts of Real Property
Germantown Academy can benefit from gifts of all types of real property, such as a residence, a vacation home, a farm or commercial property, or undeveloped land. Donation of real property to GA can substantially reduce federal and state income tax liability as well as provide an immediate solution to marketing problems, eliminate carrying costs and remove the property from your gross taxable estate. A gift of property to GA would entitle you to a charitable deduction for the property's fair market value. Your deduction is limited to 30% of your adjusted gross income, with a five-year carry-over for any excess. Contact Martin Dean if you are interested in learning more.