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
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.
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.
2015-2016 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.