Congratulations to Seniors Sophia Perlini and Beatrice Thaman who have been named National Merit Scholarship Semifinalists for 2015. They qualified by taking the Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT). Semifinalists are designated on a state representational basis. The number named in each state is less than one percent of the state's high school senior class.
We are so proud of these girls and their tremendous accomplishment!
When you make a gift to St. Ursula Academy, you have tremendous flexibility in determining how the funds will be used, as well as many options for making your gift.
Unrestricted gifts are among the most valuable to St. Ursula Academy, because they allow SUA to allocate funds wherever the need is greatest, and to take advantage of unique opportunities as they arise. Your unrestricted contribution may be used to support costs associated with financial aid, scholarships, and innovations in teaching, facilities, and much more.
Directed gifts allow you to designate your gift to a specific program or a priority area at the school. When you make a directed gift to St. Ursula Academy, you enjoy the satisfaction of knowing you are supporting a program that is personally meaningful to you. You also have the option of designating your 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 St. Ursula Academy’s permanent financial base and creating a predictable source of future income for such items as student scholarships and tuition assistance.
Types of Gifts
Outright Gifts When you make an outright gift to St. Ursula Academy, your contribution can be put to work immediately — either providing funding for current programs or creating a reliable source of future income by expanding SUA’s endowment. An outright gift may be composed of almost any asset of value:
Cash gifts — the simplest and easiest gifts you can make — can be made through credit/debit card transactions, outright cash, or personal checks, cashier’s checks, or money orders made payable to St. Ursula Academy. SUA also has a wire account; please contact Michelle Moses or Jennifer Schaefer-Gatewood for details about making a wire transfer to St. Ursula Academy.
Gifts of appreciated securities, stocks, and bonds also provide considerable tax advantages when transferred to St. Ursula Academy before they are sold. If you have held your securities for more than one year, you may find that your gift will provide a twofold tax benefit, creating an income-tax deduction as well as helping avoid the capital-gains tax that would have been due on their sale. If you wish to transfer stocks from a broker’s account, please contact the SUA Finance Office for details. You also may make a gift of mutual funds, non-marketable stock, or closely held stock. Contact the St. Ursula Academy Finance Office for information about giving these types of securities.
Planned Gifts To learn about deferred or planned gifts, including bequests, life-income plans, and other options for your estate, and for information about increasing your income, earning valuable income-tax deductions, and reducing your estate taxes, please contact Michelle Moses for assistance.
Matching-Gift Programs An easy way to double or even triple your donation to St. Ursula Academy is to find out if your company has a matching-gift program. Such programs typically match all or a percentage of employee contributions to charitable organizations, making the employer a partner in employees’ personal philanthropy. Simply obtain a matching-gift form from your employer’s personnel office, fill it out, and provide it to St. Ursula Academy with your contribution.
Gift Pledges St. Ursula Academy welcomes your gift through a pledge — a formal statement of intention to make a gift to the school. With a pledge, you may complete your gift by making regular payments over time, allowing you to give more generously than you originally may have considered. What is more, each payment on your pledge is eligible for an income-tax charitable deduction.