Giving Opportunities for Schlarman Academy
There is good news if you have reached age 70½ and you would like to help Schlarman Academy. If you have an IRA, the government requires you to take out a certain minimum amount each year and be subject to federal tax. However, the law allows you to donate this amount directly to Schlarman Academy during 2017 and have it distributed free of federal income tax! What a wonderful opportunity for those 70½ to help Schlarman Academy. Please call your tax consultant or call the Schlarman Academy Advancement Office at (217) 442-1184.
Ways to Give
Check or Credit Card
Checks are always welcome and should be payable to Schlarman Academy. Please send donations to Schlarman Academy, Advancement Office, 2112 N. Vermilion St. Danville, IL 61832. You may also make your gift by credit card. Call the Advancement Office at (217) 442-1184 to charge you donation over the phone.
You may make a pledge to the Annual Appeal for Schlarman Academy by phone, mail or online. Pledges should be completed by the close of the fiscal year, June 30. The Advancement Office will send you reminders according to your designated payment schedule throughout the year.
Your employer may match your donation. Please talk with your employer about how to make a matching gift to SA. The Advancement Office will certify any gift application and return it to your employer.
Other Giving Opportunities
Memorial and Honor Gifts
Gifts may be offered in memory of a deceased loved one or in honor of a special event such as a marriage or anniversary.
We hope that you will consider making a gift to Schlarman Academy as part of your estate planning. A Planned Gift to SA or the SA Foundation can take many forms and provides long term support for the school as well as tax benefits for the donor. SA welcomes planned gifts in the form of Bequests, Charitable Gift Annuities, Charitable Remainder Trusts, Charitable Lead Trusts and Life Insurance. The Development Office can assist donors who wish to include any of these in their estate planning. For more information contact the Schlarman Academy Advancement Office at (217) 442-1184.
Named Scholarship Endowments
Endowment scholarship funds ensure Schlarman Academy can provide an excellent Catholic education to qualified students who wish to attend SA. Gifts specified for endowment purposes are placed in the Schlarman Academy Foundation and can be designated to support scholarships according to the donor’s wishes.