Ways to Give
When a gift is made to Prestonwood Christian Academy, donors have tremendous flexibility in determining how the funds will be used as well as flexibility on making their gift.
Unrestricted gifts (or undesignated gifts) are among the most valuable to the Academy because they allow our leaders to allocate funds wherever the need is greatest, and to take advantage of unique opportunities as they arise.
Unrestricted gifts may be used to support costs associated with program enhancement, financial assistance, innovations in teaching, equipment, facilities and much more.
Directed gifts (or designated gifts) allow donors to designate their gift to a specific program or investment area at the Academy. When donors make a directed gift to the Academy, they enjoy the satisfaction of knowing that a program or area that is meaningful to them is being advanced. Donors also have the flexibility of designating their gift for current use or for endowment.
Current-use gifts provide funds and flexibility over the short term, whereas endowment gifts provide security over the long-term by expanding the Academy’s permanent financial base, and creating a predictable source of future income for such things as endowed faculty positions, financial assistance, facilities, or even entire academic programs.
Types of Gifts
Outright Gifts
When donors provide an outright gift to the Academy, their contribution is put to work immediately, either providing funding for current programs or areas, or creating a reliable source of future income by expanding the endowment. An outright gift may be composed of almost any asset of value:
- Cash gifts are the simplest and easiest gifts to make—using outright cash, personal checks, cashiers checks, credit card transactions, money orders, or wire transfers. All cash gifts are to be made payable to “Prestonwood Christian Academy”.
- Appreciated securities, stocks and bond gifts also provide considerable tax advantages when transferred to the Academy before they are sold. For securities that have been held for more than one year, the gift may provide a two-fold tax benefit: creating an income-tax deduction as well as helping avoid the capital gains tax from their sale.
- Real estate gifts offer a wide array of tax and other benefits and could include personal residences, second homes, income property and vacant land.
- Personal property gifts enable donors to make a significant gift to support the Academy in exchange for possible tax benefits. Such items could include rare books, works of art, valuable collectibles and tangible items of demonstrable value.
Donors wishing to provide gifts of appreciated securities, stocks and bonds, real estate, or personal property should contact the Office of Development at (972) 820-5045 for more information.
Planned Gifts
Friends of the Academy may provide gifts of a lifetime through bequests, gift annuities, and other giving plans. There are several steps to assist donors in making wise and prudent planned gifts.
Click here for more information on planned gifts.
Matching Gifts
Matching gifts are an easy way to double or even triple an investment into the Academy. Corporate matching gift programs typically match all or a percentage of employee contributions to charitable organizations, making the employer a partner in employees’ personal philanthropy. Donors should ask their human resources department for more information on expanding their gifts to the Academy through their employers matching gift program.
