giving to pchs
Annual Fund
Providence Catholic High School’s goal is to keep its tuition
very competitive compared to other private schools in the
Chicagoland area. The Annual Fund Drive helps to close the gap
between the revenues generated by tuition and fees and the
actual cost of providing an education to our students.
Without the support of our Providence alumni, families and
friends through the Annual Fund Drive, Providence could not
provide the outstanding education it currently does without a
substantial increase in tuition.
 Each
year, the Annual Fund benefits all students by minimizing
tuition increases and supplementing existing academic, athletic
and extracurricular programs at Providence.
For your convenience, you can now make your
gift online through the safe
and secure PayPal. Thank you for your support.
Click below to make your gift online
Other Gift Options
Providence Catholic High School has a variety of gift
opportunities and funding options available for benefactors of
the school.
Through the generosity of our families, alumni and friends, the
Providence Endowment Funds have grown to over $2 million
invested. The Faculty Endowment generates funds to better
compensate our faculty members through salary and benefits.
The
Student Need-Based Financial Aid Endowment provides aid to
Providence families in need of tuition relief. Providence
families are now able to apply for over $160,000 in financial
aid and grants annually through this endowment and through the
Joliet Diocese Financial Aid Program. Capital improvements are
made each year to renovate our building and grounds.
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Memorials
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Athletic Memorials
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Individual Memorials
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Scholarship Trusts
Providence Catholic High School has many different ways to
remember a loved one through memorials. The Providence Athletic
Memorial is located in the east end zone of Bishop Kaffer
Stadium. Re-dedicated in 2000, the simple stone marker is
engraved with the names of alumni athletes and friends of
Providence who are remembered by families and friends. Names of
loved ones can be added to the Athletic Memorial with a donation
of $1,000 to the Providence Catholic High School Athletic
Department. Individual Memorials and Scholarships and may be
arranged between the Advancement Office and you and/or your
financial advisor. Providence will work with you and your
financial advisors on any gift opportunity you would like to
consider for the school.
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Planned Gifts
Providence received a significant legacy from the estate of the
Ley Family in 1993. The school was named in the Ley Family's
will, and received this legacy to establish the Student
Need-Based Endowment. Providence understands the importance of
long range planning for major gifts. The Bishop Roger L.
Kaffer Endowment Fund at Providence will ensure that the school
will have a significant source of future funding. For a modest
contribution over a five year period, you may sponsor an
insurance policy that will benefit Providence in any amount
including $25,000, $50,000, $75,000, or $100,000. Providence
has been the beneficiary of many Gifts-In-Kind over the years.
Real estate, stocks, bonds, even automobiles have been and may
be donated to the school.
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In-kind and Other Gift Sources
A Providence education lasts a lifetime. Parents, families and
friends must be actively involved in order to maintain this
program of quality education for today’s students, the adults of
tomorrow. Your participation will make a difference. As a member
of the Providence family, you can get involved through:
In-kind Gifts (Tax advantage) - Providence purchases many
supplies for its daily activities, events and renovations. You
or your company can help offset our expenses by donating product
or merchandise to Providence.
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Gifts of Stock
If you own stock, it is often more tax-wise to contribute stock
than cash. Gifts of appreciated stock are fully deductible.
This is because a gift of appreciated stock generally offers a
twofold savings. First, you avoid paying any capital gains tax
on the increase in value of the stock. Second, you receive an
income tax deduction for the full fair market value of the stock
at the time of the gift.
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Gifts of Cash
Gifts of cash are fully deductible up to a maximum of 50% of
your adjusted gross income. For example, if your adjusted gross
income for this year is $50,000, up to $25,000 of charitable
gifts may be deducted this year. Any excess can generally be
carried forward and deducted over as many as five subsequent
years.
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Gifts of Real Estate
A gift of real estate can also be tax-wise. A residence,
vacation home, farm, acreage or vacant lot may have so
appreciated in value through the years that its sale would mean
a sizeable capital gains tax. By making a gift of property
instead, you would avoid the capital gains tax, and, at the same
time, receive a charitable deduction for the full fair market
value of the property.
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Gifts of Life Insurance
Gifts of life insurance can provide a significant charitable
deduction. You could purchase a new policy or donate a policy
that you currently own but no longer need. To receive a
deduction, designate Providence as both the owner and
beneficiary of the life insurance policy. Check with your
insurance agent for the details.
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Bequest
Providence can be named a beneficiary in your will in any one of
a number of simple ways. An outright gift, either a designated
dollar amount or percentage of your estate, could be specified.
Providence could also be named as a remainder beneficiary to
receive funds only after specific sums have been paid to
individual beneficiaries.
Not all of the available methods of giving could be included on
this site, and not all the tax ramifications of each form of
gift could be explained. Check with your attorney, accountant or
other tax advisors for additional information on how these
general rules apply to your situation.
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Gifts of Securities
In
order to wire transfer funds to the Providence Catholic High
School account, wire funds to:
Stofan, Agazzi & Company Inc.
2801 Black Road
Suite 101
Joliet, IL 60435
DTC # 0141
Account # 34358300
First Clearing Corporation
Please contact Mr. Ed Barrett or Mrs. Maureen
Harton with any questions regarding giving to PCHS.
Mr. Ed Barrett
Director of Advancement
Email:
ebarrett@providencecatholic.org
phone: 815.717.3164
Mrs. Maureen Harton
Director of Annual Giving and Major Gifts
Email:
mharton@providencecatholic.org
phone: 815.717.3162
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