Clarksville Academy has given education and opportunity to hundreds of children over its 45 year history. It is now your opportunity to give back to CA. Your generosity will enable us to continue the strong academic, artistic and athletic tradition of this institution. There are several ways to give to CA and each one is appreciated. Long term giving like endowments or planned gifts help us to plan for the future of Clarksville Academy. Gifts to the annual fund or specified programs helps to offset the annual costs of educating our students and keeps our tuition prices lower. However you choose give, Clarksville Academy appreciates your desire to support our students, faculty and staff.
Ways to Give
Clarksville Academy Endowment:
An endowment fund is a permanent, self-sustaining source of funding. Endowment assets are invested. Each year, a portion of the value of the fund is paid out to support the fund’s purpose, and any earnings in excess of this distribution are used to build the fund’s market value. In this way, an endowment fund can grow and provide support for its designated purpose in perpetuity. When you establish an endowment fund, you create a permanent legacy of support for Clarksville Academy.
Dan Burden Endowed Scholarship
The Dan Burden Endowed Scholarship is in honor of Dan’s 39 service to Clarksville Academy. Dan has had a life long impact on CA and our students. His leadership in the math classroom, as Math Team Coach, and as an athletic coach are unmatched. This scholarship will allow us to continue to honor Dan’s love and commitment to Clarksville Academy and it’s students. Upon maturity this endowed scholarship will help sixth through twelfth grade students who demonstrate potential in academic proficiency and athletic excellence. You can give to the Dan Burden Endowed Scholarship here.
Laura Parks Endowment
The Laura Parks Endowment fund was established by the Parks family in memory of Laura Parks. Each year the interest from the Parks Endowment is used toward improving the student experience at Clarksville Academy.
Greg Procter Endowment
The Greg Procter Endowment was set up in 2015 as a way to memorialize Greg’s love for Clarksville Academy. Greg was a 1976 graduate of CA and had three children and now two grandchildren attend here. Greg is a member of our Athletic Hall of Fame and in 2013 honored his father by naming our basketball court, Procter Court. Upon maturity his endowment will offer scholarships to students who could not otherwise attend Clarksville Academy. You can give to the Greg Procter Endowment by clicking the donate button above.
CHECK: Mail your gift to the Development Office, where all charitable contributions to Clarksville Academy are processed. Please make all checks payable to Clarksville Academy. You can use this mailing address:
Attn: Development Office
710 N 2nd St.
Clarksville TN 37040
STOCKS, BONDS, AND MUTUAL FUNDS: Notify us of your plans to donate securities to Clarksville Academy.
MATCHING GIFTS: Ask your employer if they match gifts to non-profit organizations. Many major businesses will match your gift!
BANK DRAFT: With your authorization, Clarksville Academy can debit your checking account once per month in the amount you designate. Please contact the Development Office (931-647-6311) for more information regarding this.
PAYROLL DEDUCTION: Clarksville Academy employees can make charitable contributions to the school by payroll deduction. To sign up contact the Development Office.
PERSONAL PROPERTY: If you would like to donate personal property to Clarksville Academy, please contact the Development Office at (931) 647-6311. Some gifts require appraisal or advance approval in order to be accepted. Examples of gifts of property include tickets to athletic events, rare books, artwork, and laboratory equipment.
REAL ESTATE: All gifts of real estate require prior approval by the school. A gift of real estate may be a principal residence or vacation home, a farm, a commercial building, a subdivision lot, or unimproved land. The gift may be the entire property or a fractional interest in the property. Contact the Development Office for more information (931) 647-6311.
Deferred or Planned Gifts: Your gift to Clarksville Academy can also be a useful financial planning tool.
LIFE INCOME GIFT: A life income gift, such as a charitable gift annuity or a charitable remainder unitrust, can provide you and/or your loved ones with an income for the duration of your lives or for a specific number of years. You receive a current income tax deduction as well.
CHARITABLE LEAD TRUST: These trusts can be used to transfer assets to a loved one with a significantly reduced tax liability.
BEQUEST: The most common form of deferred gift to Clarksville Academy is a bequest contained in a person’s will or revocable (living) trust.
GIFTS OF RETIREMENT PLANS: Naming Clarksville Academy as a primary or contingent beneficiary of a retirement plan (e.g. IRA, SEP, 401(k), 403(b), ESOP, etc.) may enable you to make a larger gift than you anticipated because income and estate taxes are not imposed when plan assets are distributed to Clarksville Academy. Your retirement account’s plan administrator (the company that manages the account) can help you designate Clarksville Academy as a primary or contingent beneficiary on the plan’s beneficiary form.
2016-2017 Financial Summary
As a contributor, you recognize the impact a CA education can make. While the financial commitment is significant, tuition does not cover the entire cost of educating our students. The Annual Fund covers approximately 2% of the annual operating budget and within our annual budget 70% is dedicated for faculty and staff salaries and benefits. Annual giving is an essential part of connecting the finances needed to provide the excellence that gives us exceptional faculty members and coaches, curricula that guide students in a sequential path of learning and discovery, and an outstanding appreciation of being a part of a school with a beautiful campus and a full athletic sports complex. Below you will see a breakdown of our revenue and expenses for 2015-2016.