From its earliest days, All Saints has been a place of philanthropy.  Our founders were generous parents, grandparents, and educators who wanted to make a difference in the lives of children.  Our families have continued this spirit of generosity through the years enabling us to grow from a small preschool program to a thriving campus of almost 500 students, ages preschool through high school.  All Saints families understand that the best way to sustain the excellence of our school
is with a growing culture of philanthropy.

As part of the All Saints community, we hope that all of our families will make the school a philanthropic priority.  This investment will benefit students now and for many years to come.  Please join us in support of our students and our school.  You will find numerous ways to become involved and we hope that you will participate.  The All Saints Annual Fund is a yearly campaign to supplement tuition and provide what is needed beyond tuition.  Events are also a part of our development efforts and include the annual Legacy Event in December, along with a Spring Benefit in March. Other opportunities include the school’s Endowment Fund, honorariums, and memorials.

For more information, contact Celeste Thompson, Director of Advancement cthompson@allsaintsschool.org.

CARES Act and Charitable Giving
(In Summary)

The following is taken, in part, from a resource provided by Fidelity Charitable, a 501(c)(3) public charity. Please consult your financial/tax advisor for ways in which the CARES Act applies to your circumstances.

On March 27, the President signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act to help combat the far-reaching impacts of COVID-19. The bill provides increased tax incentives for charitable giving for both individuals and corporations, signifying an intent to stimulate philanthropy throughout America.

Are You Itemizing Deductions?

The adjusted gross income (AGI) limit for cash contributions was increased for individual donors. For cash contributions made in 2020, you can now elect to deduct up to 100 percent of your AGI (increased from 60 percent).

Not Itemizing?

The CARES Act allows for an additional, “above-the-line” deduction for charitable gifts made in cash of up to $300. If you are not itemizing on your 2020 taxes, you can claim this new deduction.

What about IRA Qualified Charitable Distributions (QCD)?

The CARES Act did not change the rules around the QCD, which allows individuals over 70½ years old to donate up to $100,000 in IRA assets directly to charity annually, without taking the distribution into taxable income.