Please support the Erskine Academy Legacy Fund. Donate anytime online!
Make your charitable gift to the Erskine Academy Legacy Fund, via our secure site where you can process your gift by credit card, or you may mail your check made out to Erskine Academy to the Development Office. Your contribution of any amount is greatly appreciated!
Erskine Academy is a nonprofit 501(c)(3) educational institution recognized by the Internal Revenue Service as a tax exempt organization. Gifts to Erskine Academy are tax deductible to the extent allowed by law.
You are changing for the better the lives of many young people in your community and beyond
You are helping to uphold the Mission of Erskine Academy!
Since 1883, Erskine Academy has played an important role in the lives of the families we serve. It has received recognition for the excellence of its facility, the quality of its educational programs, and its safe and disciplined environment. The ongoing generosity of individuals and businesses has made this achievement possible, and gifts of all sizes are crucial to the institution’s continued success.
While our eight sending towns do pay tuition for their students, that amount is calculated each year by the state. The tuition allowance always falls short of what it actually costs to educate an Erskine student. Every year Erskine depends on support from the
Legacy Fund to bridge that gap and make up the difference.
The Legacy Fund sustains Erskine Academy’s tradition of excellence by strengthening academics, enhancing extracurriculars, and supporting faculty and facilities. Gifts to the fund provide
scholarships and financial aid,
academic and extracurricular support,
campus improvements, and
faculty development. Alumni and friends play a vital role in shaping Erskine’s future—your support, whether through annual gifts, planned giving, or specific initiatives, ensures new opportunities for generations to come.
Erskine Academy is a nonprofit 501(c)(3) educational institution recognized by the Internal Revenue Service as a tax exempt organization. Gifts to Erskine Academy are tax deductible to the extent allowed by law.
Alumni participation (the percentage of active alumni who give a gift of any size) in the Legacy Fund is crucial to Erskine’s fundraising success. High alumni participation is a vote of confidence for Erskine, and “outside” donors who have a less direct connection with the school (community members, businesses, grant foundations, etc.) often consider “inside” donor participation numbers before making a gift. If alumni and parent support percentages are high, others will be inspired and encouraged to give to Erskine as well.
Give in a way that’s meaningful to you—whether as a one-time gift or through monthly giving. No gift is too small, and every dollar immediately supports Erskine’s students and faculty, making a real and lasting impact. Your generosity is truly appreciated!
Many businesses and corporations will partner with the charitable organizations in their regions by matching their employees’ (and sometimes their retirees’) philanthropic gifts. This is typically accomplished by filling out a form provided by your employer and sending it to Erskine with your gift.
To find out if your employer participates in a matching gift program, contact your personnel or human resources office.
An endowment is a fund made up of donations that carry a stipulation that they must be invested and that the principle must remain permanently intact. A portion of the fund’s annual investment earnings (typically four to six percent) can be spent on a restricted basis, and thus becomes an annual source of income for the organization. This allows the fund to grow and have a much greater impact over time than if it were spent all at once. The purpose of the Erskine endowment is to uphold our school’s academic excellence and to provide enduring financial benefits to students, faculty, staff, programs, and facilities. Active endowment funds at Erskine include:
Ridgeway Memorial Endowed Scholarship Fund
This fund was established to honor the memory of Don Ridgeway P’08, a beloved teacher who was killed in a tragic automobile accident on June 1, 2006, just prior to completing his 12th year teaching at Erskine. Proceeds from this fund will provide tuition assistance for students of need who reside in non-sending towns. Gifts of any amount are sought to augment this existing fund.
Our forward-thinking founder, Mary T. Erskine, wanted to have an impact on the future of our community by establishing a high school for its students. With assistance from several attorneys, she drew up a Deed of Trust agreement and gave our communities a gift, the income from which was to be used to establish the school. Thus, Erskine’s first planned gift was secured, and Mary, who was pleased with the school’s progress, continued to make additional gifts to improve the school.
1883 Society
Over 130 years later, our school still benefits from Mary Erskine’s foresight and has established the 1883 Society to provide individuals with additional gift-giving vehicles while ensuring long-term financial benefits to the school. Membership in the 1883 Society is accorded to those who have named or who intend to name the school in their estate plans through a bequest, deferred gift, or a trust instrument, or who are making gifts as part of their overall financial plan. 1883 Society members will have the knowledge that they have made an important contribution to the future of the youth in our community.
Bequest
Most planned gifts to Erskine will come in the form of a bequest. With a bequest, a donor may be able to accomplish something more significant than one would be able to achieve during his or her lifetime. Donors can add revocable or irrevocable bequest language benefiting Erskine to a new or existing testamentary document. This is done through an attorney, and a copy of the final language can be shared with Erskine. Donors can add Erskine as a revocable “percentage” beneficiary on a new or existing retirement plan or insurance policy. This is done by the donor him/herself simply by filling out a form provided by the retirement plan or insurance policy parent company and sending it back to the parent company through the mail. The donor then notifies Erskine of the beneficiary status. There are no current tax benefits for a donor making a bequest.
Other planned giving vehicles include charitable trusts, annuities, and gifts of real estate. A representative of the school can work with you and your financial adviser to plan a gift that is both appropriate to your assets and that meets the spirit of your wishes.