Endowments & Grants
Many St. Frances Academy students live in households with incomes below the poverty line and have difficulty affording a fraction of the full tuition cost of $11,000 per year. Gifts to endowed scholarships help to ease the financial burden of our families in need. Each scholarship exists in perpetuity. For more information on the cost of one fully endowed scholarship please contact Brian Boles in the Development Office at 410-539-7030.
Regardless of your age or the size of your estate, there are many vehicles which allow you to balance your own income needs, the needs of your family, and your philanthropic interests. You can help to ensure St. Frances Academy's financial foundation without affecting your current lifestyle.
1) Make us a gift that costs nothing in your lifetime - make us beneficiary of your will or revocable trust, or beneficiary of your retirement plan. This allows you to leave your cash flow and current financial planning uninterrupted.
2) You do not have to use cash to make your gift. You can give us appreciated securities instead, and use an asset that costs you less that the tax deduction you will receive for it today.
3) Make St. Frances Academy a partner in your giving. You can deed us your home but continue to live there, and you can make a gift that pays you lifetime income by creating a charitable remainder unitrust or annuity trust.
4) You may be holding assets that would benefit St. Frances Academy more than they do you - such as a life insurance policy that you no longer need, or a collection of artwork that you no longer have room to display.
Contact Brian Boles, Development Director at 410-539-7030 for further information.
You may prefer to make a donation to the school by check. If so, please make your check payable to St. Frances Academy. Mail to:
St. Frances Academy
501 East Chase Street, Baltimore, MD 21202.
St. Frances Academy accepts donations of stock. Call SFA Development Office at 410-539-7030 or email at firstname.lastname@example.org for further information.