Giving Tuesday
Annual Fund fact #1: School is OPEN
This year, the amount raised for the Annual Fund is allocated to keeping our school open and safe in compliance with the government requirements. This includes the purchasing of cleaning supplies and services, PPE, regular Covid testing, remote learning devices, LMS’s, ventilation system upgrades and air purifiers in every classroom more.
Annual Fund Fact #2: BOARD CHALLENGE
The LFSF Board of Trustees will match your Giving Tuesday Donation!
Our goals are $350K and 100% participation.
As of 11/15/2020, we have raised $125K.
Parent participation rate is at 24% and Faculty & Staff is at 15%.
Key Dates: Pledges and contribution can be made until June 1, 2021, but sooner is better!
ANNUAL FUND FACT #3 : Tax incentives for charitable giving
The Coronavirus Aid, Relief and Economic Security (CARES) Act, passed by Congress last March to help combat the far-reaching impacts of COVID-19, provides increased tax incentives for charitable giving, allowing for an additional, “above-the-line” deduction for charitable gifts made in cash of up to $300. Even if you are not itemizing on your 2020 taxes, you can claim this new deduction.*
* This fact is for informational purposes only, and is not intended to provide tax, legal or accounting advice. Please consult a tax, legal, or accounting advisor before engaging in any transaction.