Sign up for a monthly gift and become a member of the Faithful Knights Monthly Giving Program. It is one of the most significant ways you can support the school. Click herefor more information about joining the Faithful Knights.
The IRA Charitable Rollover provides you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate.
Tax Law Changes
Charitable giving tax law changes – passed under the CARES Act on March 27:
An above-the-line deduction now applies to all taxpayers for charitable contributions up to $300 made in 2020.
It also lifts the cap on annual contributions for those who itemize, raising it from 60 percent limit of AGI to 100 percent.
CLICK HEREto visit our Corporate Matching Gifts database to see if your employer participates.
Contact Sam Fosdick, Manager of Annual Giving, if you need further information. Also, please let him know that you have initiated paperwork for matching funds, so we can help track the process with you. He can be reached at firstname.lastname@example.org or at 703-533-2531.