Ways to Give
At IC Catholic Prep, we believe that your way of giving is as unique as you are…Gifts to the ICCP Annual Fund allow administrators, faculty and staff to say “yes” to innovative programs, hands-on learning opportunities, tuition assistance, computer and lab equipment, course development, student research projects, and so much more.
Unrestricted gifts can be used by ICCP immediately and have the most impact on our current students.
Gifts of Cash
Gifts of cash can be made online using a credit card, or by writing a check made payable to IC Catholic Prep (ICCP). Cash contributions entitle you to a tax deduction for the full amount of the gift subject to the guidelines of the Internal Revenue Service.
Many companies and foundations match gifts by double or even triple, making a significant impact on your total gift amount. Click HERE to see if your company has a matching gift program. Or you can simply inquire with your employer about your company’s matching gift program. Our Development Office is happy to assist you with the completion of matching gift paperwork if needed.
It’s so easy and convenient. Know that you’re helping ICCP students and their families every month without having to go through the hassle of mailing checks or giving numerous gifts online. Instead, you can set up your recurring gift online using your credit card or simply complete our ACH transfer form once to set up your recurring gift.
By making a pledge, donors can spread out payments into convenient, smaller donations for up to five years. Pledges may allow donors to make a more significant gift, and tax benefits can be enjoyed over a period of a number of years. Pledges can be made by contacting the Development Office at 630.530.3485.
Gifts of Stock
A gift of stock or long-term securities (those held for more than a year) are beneficial to both the donor and ICCP because they earn a deduction on their fair market value on the day of the gift. If the stock has appreciated in value, your gift may now be worth significantly more than your initial cost, and in most cases you will be able to avoid capital gains tax on the appreciation. It’s really simple to make a gift of stock to ICCP. It is important to contact the Development Office in advance of making this type of gift. Contact Kate Rhodes, Director of Development, at 630-530-3485 or firstname.lastname@example.org for stock transfer instructions and other questions.
- AmazonSmile is a simple and automatic way for you to support IC Catholic Prep every time you shop, at no cost to you. Amazon donates 0.5% of the price of your eligible AmazonSmile purchases to the charitable organization of your choice.
When you shop at smile.amazon.com, you’ll find the exact same low prices, vast selection and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to ICCP.
You use the same account on Amazon.com and AmazonSmile. Your shopping cart, Wish List, wedding or baby registry, and other account settings are also the same.
On your first visit to AmazonSmile (smile.amazon.com), you need to select a charitable organization (Immaculate Conception Church >> all proceeds will go directly to IC Catholic Prep) to receive donations from eligible purchases before you begin shopping. AmazonSmile will remember your selection, and then every eligible purchase you make at smile.amazon.com will result in a donation.
- The Manna Program at ICCP was established to help families lower their tuition costs. It enables families to purchase over 300 gift cards or certificates at a discount. The discount is then credited to the family’s Smart Tuition account.
An endowment gift to IC Catholic Prep today provides a brighter picture for our future. With a strong endowment, ICCP can attract a vibrant and talented student body, retain exceptional faculty, and provide an environment of learning in which today’s students have come to expect. Gifts to the endowment have both immediate and long-term benefits and can be used in a variety of ways, such as providing financial aid, establishing faculty programs, or supporting an already-established fund. As the endowment grows, the school’s ability to continue to provide excellence in education increases.
Gifts to the Endowment are invested. A portion of the annual income from the investment is used where it will have the most significant impact that year. The remaining funds are reinvested to ensure indefinite support. Donors may also give to the Endowment to establish funding for a special scholarship, program or event. Please contact our Development Office to share your ideas.
No matter your age, you can create a legacy for yourself and your family at IC Catholic Prep by establishing a Planned Gift. With a little planning, you can include a gift within your overall estate or financial plans that helps to secure a solid future for ICCP and provides you with valuable income, gift and estate tax benefits in return. Each gift can be rewarding to you, your family or heirs, and our high school. Donors are encouraged to seek advice from their financial and legal advisors when considering these options.
ICCP recognizes the generosity of our alumni, parents, grandparents, faculty, staff, and friends who have named IC Catholic Prep in their estate plans through wills, bequests, trusts or other planned giving arrangements.
Wills & Living Trusts
A simple, flexible and versatile way to ensure we can continue our work for years to come is a gift in your will or living trust, known as a charitable bequest. A bequest is a significant commitment to ICCP’s future, with unique advantages for the donor. Bequests are exempt from federal and state inheritance taxes, and subject to an unlimited deduction. A bequest may allow donors to contribute more significantly to ICCP than they thought possible.
Naming IC Catholic Prep as both the owner and beneficiary to receive assets such as retirement plans and life insurance policies after you’re gone is not only an easy way to give, but it’s also flexible. You simply fill out a form that is entirely separate from your will. Since you are not locked into the choices you make today, you can review and adjust beneficiary designations anytime you want. The school gains invaluable financial support from the policy, while the donor receives a substantial charitable deduction.
Several different types of trust vehicles are available to donors, such as charitable remainder trusts and charitable lead trusts. In some cases, these trusts can be created to impact the passing of assets to heirs and to create tax advantages for the donor. If you would like additional information on trusts, please contact the Development Office.
For some donors, the most advantageous way to support ICCP is through gifts of real estate. Real estate property may be deeded outright to ICCP, or a portion of the property’s ownership may be transferred to the school while the donor retains rights to residency, or the property may be bequeathed to ICCP. All gifts of real estate are subject to advance approval by the school.
Please feel free to contact Kate Rhodes, Director of Development, with any questions or to discuss what type of giving is right for you! Call 630-530-3485 or email email@example.com.