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The mission of the Falls Church Education Foundation is to be a catalyst of support for our public school system as it prepares our students to effectively meet the challenges of the new century. Since its inception in 2004, FCEF has funded a variety of programs that support educational excellence, benefiting students from the primary years through high school.
Funds raised will go to supplement and enhance learning opportunities and growth for all students. Seventy-five percent of contributions will go to meet short-term, high priority needs. As there is no doubt the pressures impacting the 2011 budget are likely to continue in the foreseeable future, 25 percent of each contribution will be invested in the Foundation’s Legacy Endowment Fund – a“gift in perpetuity” – meaning a portion of your contribution continues supporting the schools long after this year has ended. Annual earnings from the endowment fund will be distributed to continue supporting school initiatives.
This year however, our appeal takes on added significance as we ask for your support in helping to offset some of what has been lost due to budget constraints.
Your support is vital in preserving our educational system and enabling it to continue to implement the innovative programs that have made Falls Church City Schools what they are today.
Please consider giving to FCEF and becoming an “Academic Booster” for our students.
Community members can support FCEF goals in four ways:
- Contributing to our annual fund to help us maintain and expand our programs even in hard economic times like these »
- Participating in the annual Run for the Schools and other events (see our calendar) that fund our administrative and investment management expenses »
- Donating to any of our scholarship funds, many of which honor former staff, teachers, students and parents »
- Sponsoring a George Mason High School as an intern in your company »
Donate Online
Support the Foundation, just click the button below to donate online. (Please note: The Guidestar form has the old Foundation address. That will not affect online donations).
Donate By Mail
Please make your check payable to Falls Church Education Foundation and send it with the completed donation form to the following address:
Falls Church Education Foundation
Debbie Hiscott, Interim Program Director
800 W. Broad Street, Suite203
Falls Church, VA 22046
Other Possibilities of Supporting
You may be surprised to learn all the ways you can give to the Falls Church Education Foundation to ensure that our students are prepared to effectively meet the challenges of the 21st century. Some of them are listed below.
For further information please contact Debbie Hiscott at the Foundation, (703) 538-3381 or
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.
Gifts of Cash
Gifts of cash, check, or credit card are the most popular method of memorial giving. Such gifts are convenient and can be tax deductible. If you itemize your tax deductions, gifts of cash can serve to eliminate tax on up to 50% of you adjusted gross income (AGI).
Appreciated Property
Giving securities, such as stocks, bonds, and mutual funds that have increased in value can bring extra tax savings. Such gifts provide multiple tax benefits. Not only are they generally deductible from income tax at full fair market value if owned for longer than one year, giving inthis way also enables you to bypass capital gains tax that would otherwise be due if the donated asset were sold. Gifts of such assets are deductible in amounts up to 30% of AGI.
Depreciated Property
If you own an investment that has decreased in value since you have owned it, consider selling it and making a charitable gift of all or a portion of the cash proceeds. In addition to an income tax deduction for the cash donation, this creates a loss you may be able to deduct from other taxable income. The combined amount of the deductible loss and the charitable deduction couls actually total more than the current value of the investment.
A Gift through Your Will or Living Trust
After providing for loved ones, you can direct that a specific amount, a certain property, or all of a percentage of what remains be devoted to charitable purposes you choose. There is no limit to the amount of charitable gifts that are deductible for gift and estate tax purposes.
Gifts of Retirement Plan Assets
Gifts of cash, check, or credit card are the most popular method of memorial giving. Such gifts are convenient and can be tax deductible. If you itemize your tax deductions, gifts of cash can serve to eliminate tax on up to 50% of you adjusted gross income (AGI).
Gifts of Life Insurance
If you own life insurance policies that have built up cash value but are no longer needed for the purpose for which they were intended, such policies can make excellent charitable gifts. In addition to providing income tax savings today, gifts of all or a portion of the value of life insurance can also result in significant estate tax savings.
Designating Your State Tax Refund to the Foundation
You may voluntarily donate all or part of your state tax refund to a Public School Foundation, such as the FCEF, on lines 25c-25d of the Virginia form 760 ADJ. Our code is 61101. See the link on the left to obtain a tax form, just print, complete the contribution amount on line 25cor 25d, and attach to your Virginia taxes.>
Company Matching Gifts
Many companies and corporations have matching gift programsand will match their employees’ gifts to the Falls Church Education Foundation. Please inquire with your company, and if this benefit is available, enclose your matching gift form with your donation.