TCA receives about 80% of the total cost of educating students from tuitions. Therefore, we need regular gift assistance to adequately fund our school. One way you can help is by making a taxdeductible donation.
WHAT IS AND WHAT IS NOT TAX DEDUCTIBLE:
Undesignated and designated financial gifts given to the school are considered tax-deductible and a receipt will be issued to the donor. Undesignated gifts will be used as needs dictate. Gifts given directly to staff members or families are not tax-deductible. Tuition and fee payments are not tax-deductible.
The following is a list of ways gifts can be made to TCA:
GENERAL GIFTS: A general gift is used to meet the most pressing needs and priorities of TCA. General gifts are useful because of their flexibility.
DESIGNATED GIFTS: Donors may specify how a donation is to be used, such as a scholarship, support for a particular academic or athletic program, equipment acquisition, etc.
MEMORIALS: Gifts may be made in honor of a person or special occasion. Gifts are also made in memory of a deceased family member or friend.
MATCHING GIFTS: Individual cash gifts may be matched by an employer’s matching gift program. Many employers have a matching gift program. TCA will be happy to work with your employer to set up a program.
SECURITIES: Gifts of securities (stocks, bonds, mutual funds) may be made directly to TCA. Oftentimes, such gifts provide the donor with useful tax advantages.