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Endowment Fund
The goal of this fund is to ensure a robust savings account in which the principal will grow from contributions and sound investments. The interest will provide a stable, long-term source of income to support faculty salaries, improvements and maintenance to the buildings and facilities, and financial aid to deserving students.
Fundraising Events
All independent schools organize ongoing fundraising programs. Among the various fundraising programs and events at Ware Academy are the Annual Auction, the Annual Golf Tournament, the Annual Bobby Stewart Walk/Run, and periodic campaigns for capital improvements and continuing education.
Gifts-of-Service/Gifts-in-Kind
Parents, friends, and businesses whose services are offered free of charge to Ware Academy are greatly appreciated. Gifts-in-kind offset expenses and could include professional services, equipment, computers, and/or teaching materials.
Memorial and Named Gifts
Contributions may be made in memory or in honor of a family member, friend or loved one. Memorial gifts are often specified for the
Endowment Fund, perpetuating the life of the donation.
Restricted
Restricted gifts are designated for special programs or specific purchases which may not be included in the operating budget. Restricted gifts meet a specific need of an academic department, athletics, student life, and/or financial aid.
Gifts of Securities, Real Estate and Personal Property
Transferring securities allows one to make a gift to Ware Academy and receive a charitable deduction equal to the full fair market value. One also may avoid paying a capital gains tax on the charitable contribution. Gifts of real estate can have special benefits for both the donor and the recipient. The donor may give real estate as a current gift and receive a charitable deduction for the full fair market value of the gift.
All gifts to Ware Academy are tax deductible in accordance with Internal Revenue Service 501(c)(3) rulings.
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