End of the Year Letter

Thank you for choosing to give to Spartanburg Christian Academy’s Annual Fund.

You can give a one-time SCA gift or a repeating SCA gift. When you click the “GIVE” button, scroll down to the bottom to give to the ‘SCA Annual Campaign Fund.’ If you are only giving to the SCA Annual Campaign Fund, please enter your giving amount in that box only.  You do not need to create an account in order to give to the SCA fund.

Patrons of Spartanburg Christian Academy may participate in any or all of the four separate funds and may contribute a variety of assets, receiving maximum tax advantages.

(864) 582-0138 www.spcf.org

The Spartanburg Christian Academy Scholarship Fund, a component fund of The Spartanburg County Foundation, was established in 2013 to provide annual scholarship assistance to deserving and worthy students as determined by the scholarship committee of the school. Assistance may be given to students in grades 5K-12th who are currently attending or applying for admittance to Spartanburg Christian Academy.

Make Checks Payable to:
The Spartanburg County Foundation
All checks need to be mailed to our address at 424 E. Kennedy street, Spartanburg, SC 29302.
In the memo, note: The Spartanburg Christian Academy Scholarship Fund

• Cash
• Appreciated Stock
• Real Estate
• Life Insurance
• Bequest By Will
• Charitable Remainder Trust
• Charitable Lead Trust
• Charitable Gift Annuity
• IRA Assets
• Charitable Beneficiary Designation

(864) 949-5800 www.sccfonline.org

The Spartanburg Christian Academy Fund at the South Carolina
Christian Foundation was established in 2013 to allow donors the
opportunity to invest in the future of Spartanburg Christian
Academy in many areas of the school. Monies donated to this
fund may be used, as determined by administration, toward the
following (but not limited to) areas: scholarships, facilities,
technology upgrades, enhanced curriculum and athletic
improvements. Donations not designated for a specific purpose
are the greatest need, however, donations may be designated to
a particular area by the donor.

Make Checks Payable to:
South Carolina Christian Foundation
PO Box 2397
Spartanburg, SC 29304
In the memo, note: The Spartanburg Christian Academy Scholarship Fund

• Cash
• Appreciated Stock
• Real Estate
• Life Insurance
• Bequest By Will
• Charitable Remainder Trust
• Charitable Lead Trust
• IRA Assets
• Charitable Beneficiary Designation

8740 Asheville Highway Spartanburg, SC 29316 (864) 578-4238

The Spartanburg Christian Academy Annual Fund at Spartanburg
Christian Academy was established in 2013 to allow donors the
opportunity to invest in the future of Spartanburg Christian
Academy in many areas of the school. Monies donated to this
fund may be used, as determined by administration, toward the
following (but not limited to) areas: scholarships, facilities,
technology upgrades, enhanced curriculum and athletic
improvements. Donations not designated for a specific purpose
are the greatest need, however, donations may be designated to
a particular area by the donor.

• Cash or checks are accepted (checks payable to SCA).

8740 Asheville Highway Spartanburg, SC 29316 (864) 578-4238

The Spartanburg Christian Academy Scholarship Fund at
Spartanburg Christian Academy was established to provide
annual scholarship assistance to deserving and worthy students
as determined by the scholarship committee of the school.
Assistance may be given to students in grades 5K-12th who are
currently attending or applying for admittance to Spartanburg
Christian Academy.

• Cash or checks are accepted (checks payable to SCA).

A gift of cash is the most popular way to give because of its simplicity. A cash gift of any size is always welcome. You may also give by check (SCA, SCF and SCCF), by credit card (SCF and SCCF) or online (SCF and SCCF).

You may give stock and receive a tax deduction for its full market value, thus avoiding tax on capital gains on appreciated stock.

The Spartanburg Christian Academy Scholarship Funds through the Spartanburg County Foundation and South Carolina Christian Foundation will accept most gifts of real estate. Such a gift allows you to avoid taxes on capital gains, thus enabling you to provide a greater benefit to the children of our community.

You can name The Spartanburg Christian Academy Scholarship Fund as owner of a paid-up life insurance policy or take out a new policy. You will receive a charitable income tax deduction on the cash value of the policy, as well as the annual premiums.

You may transfer any asset you own through a written will to benefit The Spartanburg Christian Academy Scholarship Fund.  Although you will not receive any tax benefits during your lifetime, your taxable estate will be reduced by the amount of the charitable bequest.

You may use many different assets to establish a Charitable Remainder Trust that will benefit you and/or your heirs for life. The remaining interest in the trust could be earmarked for The Spartanburg Christian Academy Scholarship Fund.

A Charitable Lead Trust enables you to transfer assets to heirs with a lower tax burden. You may designate the Spartanburg Christian Academy Scholarship Fund to receive the benefits from the trust for a specified period of time before the assets go to designated heirs.

A Charitable Gift Annuity enables you to transfer cash or marketable securities to The Spartanburg County Foundation for the ultimate benefit of the Spartanburg Christian Academy Scholarship Fund. In return, you will receive fixed annual payments for life or a set period of time, and you will be entitled to a charitable income tax deduction in the year in which the gift annuity is created.

Many investors are beginning to realize that upon their death, unused IRA assets will be heavily taxed. In fact, it’s been estimated that estate and income taxes could consume anywhere from 60% to 80% of the money remaining in IRA assets. You can avoid income tax on retirement accounts, as well as estate tax, by naming the Spartanburg Christian Academy Scholarship Fund through The Spartanburg County Foundation and/or the South Carolina Christian Foundation
as a partial or full beneficiary of retirement accounts.

You can designate the Spartanburg Christian Academy Scholarship Fund as a full or partial beneficiary of your qualified retirement plan using a form supplied by the policy underwriter or plan administrator. When you are no longer living, the benefit comes to the fund at The Spartanburg County Foundation and/or the South Carolina Christian Foundation enabling children to attend Spartanburg Christian Academy. The benefit payment is generally excluded from your estate for tax purposes.