Cash gifts, via checks and credit cards, are most often given to WCS. When you itemize your tax deductions, gifts of cash may be used to eliminate federal income tax up to 50 percent of your adjusted gross income (AGI). State income tax saving may also apply.
GIFTS OF MARKETABLE SECURITIES
A growing number of WCS families chose to give assets that have increased in value such as stock, bonds, or mutual funds, in part, because of the additional tax savings. Often these gifts are deductible at their full value if they have been owned for more than one year and can be used to offset tax on up to 30 percent of AGI. As an additional benefit, no tax is owed on the capital gains that would result from a sale of securities.
Services or goods donated to WCS which defray expenses are called in-kind gifts and may include things such as printing, event catering, signage, professional photography and more. If you’d like to explore a possible in-kind gift, email advancement@ worthingtonchristian.com or call 614-410-4300.
TIMESHARES FOR TEACHERS
The heartbeat of WCS is our faculty—the men and women called by God to educate and disciple this and future generations of Warriors for Christ. It is the influence of faculty that alumni and alumni parents mention most often when reflecting on their WCS experience.
WCS invites you to participate in a program designed to bless our faculty with an opportunity for respite and renewal. We’re seeking families willing to offer the following at no or minimal charge to WCS faculty:
- Privately Owned Vacation Homes
- Vacation Packages
- Airline Miles
- Hotel Points
Timeshares for Teachers gives faculty a rejuvenating vacation that they otherwise might not be able to afford.