Qualified Charitable Distributions (QCDs)
When planning your IRA withdrawal strategy, you may want to consider making charitable donations through a QCD.
A QCD is a direct transfer of funds from your IRA custodian, payable to a qualified 501c(3) charity. A QCD excludes the amount donated from taxable income (unlike if you take the distribution yourself and then donate to a charity).
You must be 70 1/2 or older to make a QCD
QCDs are limited to the amount that would otherwise be taxed as ordinary income.
Maximum annual amount that can qualify for a QCD is $100,000.00
Funds must be transferred from your IRA by Dec 31.
Please consult your tax advisor and/or your financial advisor or custodian for complete information about what is right for you.
Heritage Hall sincerely appreciates all gifts, large or small. Please ask us how you can be involved in helping meet the ongoing needs of Heritage Hall Christian School.
The HHCS Scholarship Fund is designated to help current HHCS families. The Fund was established by the families of Ron and JoAnn Ray, Keith Furry, and Savannah Posey.
HHCS Scholarships are awarded at the discretion of the Administrator and Pastor to (1) create a pathway for a Choice Scholarship in the future, (2) help pay fees not covered by other scholarships, (3) provide assistance for faculty children and (4) encourage struggling church families who need assistance.
Current need is approximately $65,000.00 per year.
Andy Habegger Memorial Scholarship Fund
Scholarships are awarded to Heritage Hall graduating seniors who are enrolling as full-time students at Bob Jones University or Maranatha Baptist University.
This is a one-time, non-renewable scholarship. $1,500.00 is awarded annually, divided equally among the eligible applicants, and paid directly to the university by the semester. Students must confirm their enrollment, course load, and academic eligibility each semester.
Teacher Compensation Endowment Fund
Begun in 2000, this fund is managed by The Community Foundation of Muncie and Delaware County and generates approximately $10,000.00 annually.
Available funds are distributed to teachers in the form of bonuses and continuing education costs associated with maintaining our AACS accreditation.
The original goal was to establish a base of $500,000.00 from which to earn interest. We are about half-way to that goal. Donors are encouraged to consider this fund as part of an estate planning portfolio.
Scholarships For Education Choice
SGO Scholarships are awarded to supplement or fill in the gap for families who do not qualify for a full voucher. What a blessing your donations are to us and to our students and families.
The state of Indiana allocates a fixed sum of money to cover the tax credits issued for donations to Scholarships for Education Choice (or what we call our SGO Scholarship Fund). The Sagamore Institute is our SGO (Scholarship Granting Organization). The money allocated by the State operates on a fiscal year, July to June; but the tax credits are based on the calendar tax year, January to December.
The best time to donate to Scholarships for Education Choice is between July and November to ensure that you get the tax credit. Gifts must be received in the Sagamore Institute office by December 31 to be eligible for the current year tax credit.
Ongoing Gym Renovation
Components remaining in the gym renovation project are
We have a total of $24,747.00 in the gym fund. This year's Texas Roadhouse fundraiser is going toward this renovation.
Preschool/Elementary Playground Renovation
Recess time for any student is sometimes their favorite time of the day. It is a great time for students to get refreshed and get some energy out. As we strive to have a safe environment for our students, the playground is no exception. Our current playground was last updated over ten years ago and due to usage and weather, it is in need of an upgrade.
Our Annual Craft Fair will be the start of our funding for our playground renovation. We will keep you updated with other events that we plan to use as source of raising funds for this project.
If you wish to contribute to this project, please click here to visit our fundraising page where you can click to donate.
Technology needs are two-fold:
(1) Staying current with the latest versions that are compatible with the programs we use and
(2) providing an adequate number of PCs/laptops for teachers as well as accessibility for students.
Praise the Lord, we have been able to purchase 150 iPads, 110 headphones and 5 charging carts through EANS funding.
We are looking forward to getting 7 interactive mimio boards in the near future.
Licensing for program such as Renaissance Learning (AR, Freckle Math, and diagnostic testing), EduTyping, GoGuardian, and Rosetta Stone cost approximately $21,600.00 per year.
Our goal is to add the following:
Look for the Box Tops logo on many of your favorite products. Clip and bring to school. Check http://www.boxtops4education.com/ for monthly
coupons, special offers, prize drawings, and more. Box Tops for Education is used to purchase teaching aids, games, puzzles, videos, etc. for classroom use.
NEW: Download the Box Tops mobile app.
BUY your favorite participating products.
SCAN your receipt.
EARN money for your school.
When using the mobile app to scan your receipt, you now have the option to add a “Give Credit” memo for each scan. You can then tag your earnings for a grade level. Our codes for grade level earning are as follows, PK for Preschool, EL for Elementary, and HS for 7-12 grades.
THANK YOU to all who have helped us earn $$ from the recycling bin these past 3 years!! You helped us earn over $1,800 for our elementary.
We are want to let you know that this bin will no longer be a source of fundraising for us at this time. The company has chosen to not distribute these bins at this time. We plan to look into another company that might be a new source. We will keep you posted.