Gifts can be made via CASH or CHECK. Please make checks payable to SHCS.
Stocks and bonds that have appreciated in value can be donated to SHCS. You will receive a charitable deduction for the full fair market value of the securities on the date of the gift and avoid paying taxes on the appreciation.
Please contact the Development Office at 865/560-0525 with the number of shares and the name of the stock you plan to transfer.
A planned gift (also known as a deferred or estate gift) is a wonderful way to support Sacred Heart Cathedral School, and may provide additional tax or financial benefits.
A bequest is one of the simplest ways to leave a lasting legacy and ensure the future of a quality Catholic education. Bequests to SHCS are deductible from your gross estate and offer estate tax savings. As a nonprofit corporation, we are not subject to estate taxes. Donors can remember Sacred Heart Cathedral School through three types of bequests:
- Specific Bequest – SHCS as the direct beneficiary of a specific amount of money, percentage of your estate or piece of personal property.
- Residuary Bequest – SHCSwill receive all or a portion of the remainder (residue) of your estate once all specific bequests to family and friends have been satisfied.
- Contingent Bequest – SHCS as a contingent beneficiary to receive assets in the case that your named individual beneficiaries do not survive you.
Please consult your tax advisor for more information.
Thousands of companies have established programs that will match employee charitable donations dollar for dollar. This is an easy way to double, or even triple, the size of your Annual Fund contribution! Please ask your employer if your company will match your gift.
A donation of needed goods or services qualifies as a gift-in-kind. Examples are printing services, landscaping, and equipment donations. Please contact the Development Office at 865-558-4153 to inquire about current needs.
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