Join Us in Fulfilling Our Mission
Intelligent Faith: Equipping Minds and Engaging Hearts for God's Kingdom Purposes.
Annual Fund
The Annual Fund is a tax-deductible opportunity for parents, alumni and their parents, grandparents, and friends to support the unique and outstanding classical Christian education offered to Veritas students. Your contribution to the Annual Fund is the first and most important gift we ask of every alumnus, parent, and friend. Your contribution of any amount to the Annual Fund for Excellence is greatly appreciated.
Gifts to the Annual Fund for Excellence are utilized to accomplish the following goals:
- Enhancements and additions to academic, athletic, and arts programs
- Facility upgrades
- Facility expansion
- Land acquisition
- Technological enhancements and advances
Methods of Giving
Gifts of Cash
The majority of gifts made to Veritas come in the form of cash. A gift of cash receives the greatest federal income tax deduction available for charitable contributions. You can deduct up to 50 percent of your adjusted gross income for gifts of cash and may carry forward any unused deduction for up to five additional years.
Gifts of Appreciated Stock
You can receive a tax deduction for the appreciated value of stock that is gifted to Veritas Christian Academy and thereby avoid paying capital gains tax on the increase in value since the purchase of the stock.
To give a gift of stock, ask your broker to deliver the stock to:
Merrill Lynch
DTC 0161
Account: Veritas Christian Academy
Account# 313-04173
Important: Please notify the Development Office (Mike Morgan, Development Director at (828) 681-0546, extension 300) when you have made your gift of stock, so that we can insure your receipt of the appropriate acknowledgement and documentation for your donation.
If you need assistance, please call Mike Morgan at (828) 681-0546 or email him at mmorgan@veritasnc.org.
Charitable Remainder Trusts
A charitable remainder trust is an individually managed trust that may be tailored to the specific needs of the donor or designated beneficiaries. These trusts can be structured to provide income for life or for a term of years. Most importantly, the trust assets can be managed for income or growth, depending upon a beneficiary’s needs. Charitable remainder trusts can accept a broad range of gift assets and are popular because of their flexibility.
Gifts of Real Estate
A gift of real estate entitles you to a federal income tax deduction equal to the qualified appraisal of the value of the property. You may take this deduction as 30 percent of your adjusted gross income and any excess over that amount may be carried over for the next five years.
A personal residence, vacation home, or farm offers another giving option. You may give an interest to Veritas while you retain the right to remain in and maintain the property for life. A retained life estate interest entitles you to an income tax charitable deduction equal to the present remainder interest.
SCHOOL LINKS FOR SHOPPING
These are the necessary numbers to link your grocery discount cards or catalog purchases to Veritas for various rebate programs.
Please note that the grocery numbers must be re-linked to your cards at the start of every school year for Veritas to receive credit.
Ingles Tools for Schools Program - #10999
Link at store or at www.ingles-markets.com
Harris Teeter - #2548
Link at store or at www.Harristeeter.com
Office Depot - #70120150
Use this number with each purchase.