The Saint Thomas Education Foundation is a separately incorporated, tax exempt, 501(c)(3) charitable trust established in 1983 to provide financial support to Saint Thomas School. With the mission to “Raise, protect and administer funds to support the educational, literacy, scientific and spiritual objectives of Saint Thomas the Apostle Catholic School and its students,” the Foundation has given the school funding for decades. Currently annual funding support is directed primarily to tuition assistance for students whose families might not otherwise have the option of choosing the benefits of a Catholic education. Financial disbursements may also fund school programs, materials and equipment, professional development for educators and enhanced technology.
As an endowment fund, all gifts to the Education Foundation are permanently retained and invested. Revenue generated by careful stewardship of this investment is disbursed annually to Saint Thomas School. Since donations made to the Foundation are never spent, they become “Forever Gifts,” providing financial stability and security to the school in perpetuity.
Making a tax deductible donation to the Saint Thomas Education Foundation is a wonderful way to support quality Catholic education at Saint Thomas School. You can give in many ways:
You can give a gift in honor or memory of a loved one or family member. Since gifts made to The Foundation are added to the endowment and carefully invested, rather than given away, they continue to provide financial assistance to Saint Thomas School in perpetuity. To give a gift in honor or memory of a loved one is actually to give a “Forever Gift” on behalf of that person.
You can direct donations to one or more of the Foundation's endowed scholarships. These established scholarships are being funded by friends, family, alumni and other generous donors such as yourself.
Existing scholarships include:
To establish a scholarship, contact us and we will walk you through the process. We suggest a minimum gift of $5,000 to establish the fund. It will be considered fully endowed when the fund balance reaches $25,000, which can happen all at once, over time or even through a will or bequest. As with all donations to the Education Foundation, contributions to these funds are never spent. They are permanently invested and only the revenue generated is used to make financial disbursements to Saint Thomas School and students.
Donors who have supported Catholic education over the years can continue that patronage through strategic estate planning. Appreciated stocks, real estate, life insurance policies, 401K funds, or tangible personal property such as antiques, art, coins and jewelry can all be donated or willed to the Education Foundation. In addition to the potential tax advantages of making a legacy gift, you will be ensuring that Saint Thomas School can continue to provide affordable, dynamic Catholic education for generations to come.