·         Because it is the only way for our school to exist and provide superior programs since the school does not receive government or church funding. Our present existence of quality education as we know it today and our future existence will depend largely upon the donations of our supporters.

·         Because of the sacrificial giving of people in the past which laid the foundation for today's excellence, organizing the school, purchasing land, constructing buildings and supporting operations. It is our turn now to step up to the plate.

·         Because of the future of children who will be encouraged to grow as Jesus did, in wisdom and stature and in favor with God and man.

·         Because of the impact that Peachtree Academy Private School students will provide to the world for generations to come.

·         Because the Bible says, "It is more blessed to give than to receive."

Memorial Gifts

Many friends of Peachtree Academy find the school a good place to make donations to honor loved ones on special occasions in their lives and/or to honor the memory of loved ones who have passed away. Funds can be given for the general fund, for special projects, for specific programs or for endowment.  We would love to be able to offer special memorial scholarships in the future to students who have demonstrated the potential to excel academically, but are less fortunate in that they could not afford a quality education in our private school. 

Planned Giving

Peachtree Academy Private School exists and will prosper by means of the generous gifts of families and friends who believe in our purpose and desire the successful operation of the school. Peachtree Academy, in a warm and caring Christian environment, provides education that prepares students to succeed in a very competitive world. The past has been glorious. The present is wonderful. But there is no limit to what we can accomplish in the future through your participation and support of planned giving.

A key factor in determining how successful the future for Peachtree Academy will be is simply a matter of finances. The school must have the funds to hire the most highly qualified teachers, to provide the latest technology in our equipment, to construct necessary buildings as we grow and to maintain the existing facilities and equipment. If these costs were to be required from tuition payments only, most families would not be able to afford a Peachtree Academy education.

An excellent solution to this problem is our planned giving program. By including our school in your long-range financial plans, you may be able to accomplish your personal financial goals, save on taxes and make a major difference in the future of Christian education at Peachtree Academy Private School. In addition to these advantages, by including Peachtree Academy in your long-range financial planning, you will be qualified for membership in the Gift Fellowship.

Some of the vehicles which may be used to provide funds for the future are as follows.

Bequests

A bequest is the tool most used by those who want to remember our school at the time of their passing. A bequest is simply the process of remembering Peachtree Academy in your Will. There are several possible ways to bequeath to the school:

·         A fixed sum of money or property

·         A percentage of the total value of the estate

·         The remainder of your estate after all other bequests have been made

·         A secondary or contingent bequest should a loved one precede you in death

A donor may include Peachtree Academy in his/her Will when it is first written or the Will may be amended by adding a simple codicil to the Will that expresses the donor’s desire to include our school in the distribution of their estate.

By including Peachtree Academy in your Will you may avoid giving a large portion of your hard-earned estate to the government through estate taxes. A gift to Peachtree Academy is tax-free.

Trusts

A very popular tool being used to reduce taxes, increase monthly income and help your favorite charity is the Charitable Remainder Trust. Often friends who have low income producing property and/or stocks find that they can claim a sizeable tax break and also increase their income by several percentage points by setting up a Charitable Remainder Trust. Income from these trusts can be for the donor and designated others. At the passing of the recipient, the remainder goes to the school.

The Charitable Lead Trust allows the donor to provide income to Peachtree Academy for a period of years. Property is placed in the trust for a specified number of years. When the period of years is ended the property reverts back to the donor or to his/her beneficiaries. This is a vehicle that allows the donor to pass property on to beneficiaries at significant gift or estate tax savings.

Annuities

A Charitable Gift Annuity is a contract between the donor and the school. Under this agreement, Peachtree Academy agrees to pay one or two named recipients a fixed amount or a fixed percentage for the life of the recipients. The payments are guaranteed by the general resources of Peachtree Academy Private School. A sizeable tax break is realized when the annuity is set up. Some of the regular income from the annuity is tax deductible. Peachtree Academy uses the rates recommended by the American Council on Gift Annuities. By deferring the date of beginning the income the percentage of income is increased.

Life Estate

Some people who are planning to leave sizeable donations to the school at their passing find it desirable to give their personal residence to the school retaining the right to live in the home for the remainder of their life. Rental property can be given with the donor retaining the rental income. Sizeable tax advantages are available to the donor of a life estate.

Insurance Policies

Those who want to make a large donation, but are not in position to do so, may choose to purchase an insurance policy on their life and make the school the owner. Those who have paid up insurance policies may choose to donate them to Peachtree Academy. Considerable tax advantage is available to those who donate such policies.  Peachtree Academy has a committee of qualified legal advisors who can answer your questions. They are pledged to secrecy about any information you may give them. For information on any planned giving questions, please call JaNice Van Ness at 770-860-8900 extension 15.  

Publicly Traded Securities

·         Readily marketable securities such as those traded on a stock exchange are accepted by Peachtree Academy Private School

·         Gift securities are sold immediately unless there is good reason for holding them for a brief time.

·         The value of the securities is the average of the high and low of the stock on the date of the gift.

Closely Held Securities

Non-publicly-traded securities may be accepted after consultation with the school business officer and/or the school’s counsel. The fair market value is to be determined by a qualified appraiser.

No commitment for repurchase or sale of closely held securities shall be made prior to completion of the gift of the securities.

Real Estate

Cash, Check or Credit Card via Pay Pal

Cash gifts are the simplest and most common form of giving to the school. Cash gifts are tax deductible up to 50% of your adjusted gross income in the year of your gift. If the gift exceeds 50% then the remainder may be carried over and used as a deduction up to five years.

Company Matching Gifts

A number of companies have matching gift programs in which the company matches gifts made by their employees. Companies are as follows:

Securities

Giving securities may be the most advantageous way to give. You may receive very favorable tax consequences by giving stock that has appreciated.