The Tuition Angel Fund provides financial aid to families who are in need of tuition assistance. Contributions to the fund are received from grandparents, aunts, uncles, friends, businesses, and others. The contributions can be restricted to a specific child or family. Often, donations are received from families who lose a family member and who designate our fund for memorials.
Non-cash gifts of property such as computers, books, scientific equipment, and art materials also make important gifts to our staff of teachers. The fair market value of such items normally is deductible for income tax purposes. A formal appraisal is required by the IRS for gifts in kind valued at over $5,000.00. Gifts of appreciated stock allow for very favorable tax treatment for donors.
Saint George School offers the Memorial Book Donation Program through the Lancer Library. A library book is a very special way to remember someone, and to share that memory with others. A memorial bookplate is placed on the inside cover of the book you purchase in recognition of the memorial. Donations of books often are made to mark special events, including birthdays and graduations. To purchase a memorial book, submit a Memorial Book Program Donation Form, designating the party to be memorialized or honored and the name of the donor, along with a check payable to:
Saint George School Library
Memorial Book Program
1612 Bryant Street
Erie, PA 16509
The School Endowment Fund is funded by unrestricted gifts to the school, memorial gifts and restricted gifts to the Endowment Fund. The intent of the fund is to grow the principal and use 5% of the investment account balance as of June 30 to fund the operating budget.
Individuals who make charitable gifts to Saint George in their estate plans demonstrate their shared belief in the mission of Saint George. In addition to the estate and tax benefits available, members of the Monsignor Franklin Foundation Society know that, through their graciousness and planning, the tradition of Saint George Parish will continue indefinitely. Some examples of Planned Giving include Charitable Trusts, Gift Annuities, Specific Bequests, and Memorial Gifts. Our Advancement Team can put you in touch with professionals who can advise you regarding the numerous estate planning options that will assure the availability of your assets to you during your lifetime, and to your dependents and Saint George School when you are called to be with the Holy Father.