Advancement - The Legacy Society

The Legacy Society
Walking onto the campuses of Hebron Christian Academy it is easy to see why we do what we do and why we so freely ask our friends to consider giving to HCA. In fact there are over a 1,000 reasons to give to Hebron Christian Academy, and that is our students. We pray daily for our students and that our school expands according to God’s plan and with His blessing. Every day at HCA presents an opportunity to impress upon young minds a Biblical worldview that is not often present in our society.

“Will my gift make a difference?”
For many desiring to contribute to the programs of Hebron Christian Academy, the question is “”Will my gift make a difference?” The answer is “Absolutely!” By giving according to your ability to give, your gift will ensure that the programs, resources, and facilities at Hebron Christian Academy are available for our students to develop a Biblical Worldview.

In 2006, Hebron Christian Academy launched the Legacy Society to establish levels of giving at HCA. This is not giving just for the sake of giving, but giving with the purpose of helping our students carry with them the legacy of Hebron Christian Academy. What exactly is this legacy? It is a legacy of Christian values, a legacy of respect, a legacy of excellence, and a legacy of lifelong learning that seeks to understand our world from a Biblical perspective. I invite you to be a part of this legacy as well. Investing in the students and programs of Hebron Christian Academy is an opportunity for you to leave your own legacy.

Your gift outright will place you in the Legacy Society at Hebron Christian Academy and all that we ask is that you give as God leads you to give. The Legacy Society levels are as follows:

Founders Society $25,000 +
Legacy Society $10,000 - $24,999
Lions Society $1,000 - $9,999
President’s Society $500 - $999
Heritage Society $250 - $499
Leaders Society $1 - $249

A Legacy Society gift to the Hebron Christian Academy Annual Fund will provide monetary resources for the following needs:

  • Academic Programs and Classroom Resources
  • Scholarship/Tuition Assistance
  • Athletic Programs
  • Quality Faculty and Enrichment
  • Endowment for the future

The following outlines the various ways you may contribute to the Legacy Society of Hebron Christian Academy:

A Gift of Cash
HCA accepts gifts of cash or checks. If you itemize, you can lower your income taxes by simply writing a check to HCA.

A Gift of Stock
It is often more tax-wise to give a gift of stock than cash. Appreciated stock generally offers a two-fold tax saving. First, you can avoid paying capital gains taxes on the increase in value of the stock. In addition, you receive an income tax deduction for the full fair market value of the stock at the time of the gift. Make sure you have owned the stock for at least a year or more to qualify for any significant tax advantage.

Life Insurance Policies
By naming Hebron Christian Academy the beneficiary and owner of a life insurance policy, this can provide the donor a significant charitable deduction as well as provide a significant future gift to the school. As with any life insurance gift, consult with your insurance agent or financial planner for more details.

Gifts of Real Estate
A gift of real estate can also be a tax-wise gift. A residence, farm, acreage, vacation home, or even a vacant lot may have appreciated in value through the years so much that its sale would mean a sizeable capital gains tax. By making a gift of this property, you would receive a charitable deduction for the full market value as well as avoid the capital gains tax.

By transferring ownership of your estate or a portion of it, to Hebron Christian Academy, you may continue to use it for your lifetime as well as provide an immediate tax deduction based upon your age.

The following lists ways to give a deferred Gift or Life Income Gift
Life Income Gifts
If you own stock that is paying low dividends, a “life income” gift may be appropriate for you. You could transfer stock to HCA and establish a “charitable remainder annuity trust” or “charitable remainder unitrust” providing you with a 5% or greater annual return. This income would be paid to you or someone you specify, for life. After this, the assets would be distributed outright to HCA.

A Life Income Gift could not only help you increase your annual income, but also avoid capital gains taxes from the sale of the stock, and entitle the donor to a charitable contribution deduction.

A Charitable Gift Annuity is really quite simple. You transfer cash, certain assets (ex. Real estate, etc.), or securities, and you and/or possibly another benefactor will receive fixed payments on a periodic schedule for life. This payment, backed by the assets of the charity issued, is guaranteed for life. You receive an income tax deduction and may save on capital gains taxes. When the gift annuity ends, its remaining principal passes to HCA.

This is an option if you desire to contribute to the future needs of HCA. Naming Hebron Christian Academy as a beneficiary of your estate may provide a meaningful future gift to HCA as well as estate tax savings for the benefactor. A designated dollar amount or percentage of your estate can be specified in your will. HCA can also be named as a remainder beneficiary after specific amounts have been paid to individual beneficiaries you specify. Bequests can be restricted for a particular need or unrestricted and used where the need is greatest.

Please check with your accountant or other tax advisor for the advantages (and sometimes drawbacks) of making a planned gift. Before making any charitable gift, please take into consideration your individual circumstances.

Always remember, the real value of your gift to Hebron Christian Academy is measured daily in the lives of the students that sit in our classrooms. The future value is measured by the impact our students have on the world in which we live. Your legacy gift to the students and programs of Hebron Christian Academy has value beyond measure.

Thank you for joining Hebron Christian Academy in desiring to leave a legacy for future generations. Your gift does make a difference and there really are more than a 1,000 reasons to give.

A message to our donors
Please consult with your own legal, tax, and estate planning professional when considering any donations other than cash. This information is intended to be general in nature and should not be considered or relied upon as tax or legal advice.