Giving
Ways to Give
Thank you for considering a donation to Rosary College Prep! We are grateful for your support!
By donating to Rosary College Prep, you are changing the life of a girl for the better. Your donation allow us to provide every student with the gift of an all-girls' education.
Donate Online
Donors can contribute to The Ignite Fund (Rosary's Annual Fund) quickly and securely online using any major credit card.
The Ignite Fund is the cornerstone of giving to Rosary College Prep. This fund comprises unrestricted giving from all sources and supports all school programs and activities. The Ignite Fund is used to provide tuition assistance to enrolled families on a demonstrated financial need basis and helps Rosary maintain an affordable tuition rate by closing the gap between our operating expenses and tuition income.
When donating to The Ignite Fund donors have the option of directing how Rosary should deploy the funds:
Other Ways to Give:
Donor Advised Funds
A donor-advised fund (DAF) is like a charitable investment account that is set up for the sole purpose of supporting charities. Individuals can contribute cash, stocks, or other assets into the DAF and receive an immediate tax deduction.
Donor-advised funds are the fastest-growing charitable giving vehicle because they are the easiest, and most tax-savvy way to support tax-exempt organizations 501(c)(3) like Rosary College Prep.
DAFs are a great tool for individuals who experience a unique circumstance (such as an inheritance, large bonus, etc.), and want to park charitable dollars, receive the tax benefit, and then have or take time to consider how and when to distribute those funds to one or more of their favorite charities.
Endowment Funds
Endowment funds ensure Rosary's future as an institution of the highest quality. Gifts specified for endowment purposes can be designated to support scholarships, teacher salaries, or general purposes, as well as new program development.
A donor that owns appreciated securities can benefit in two ways by making a gift of securities to Rosary College Prep. First, they will be able to claim a charitable income tax deduction for the full value of the shares, and second, they will be able to avoid the capital gains tax that would have been due if they sold the shares.
Gifts in Kind
Non-cash gifts of property such as computers, books, scientific equipment, art materials, etc. also make important gifts. The fair market value of such items, determined by the donor, is deductible for income tax purposes. A formal appraisal is required by the IRS for gifts in kind valued at over $5,000.
By donating to Rosary College Prep, you are changing the life of a girl for the better. Your donation allow us to provide every student with the gift of an all-girls' education.
Donate Online
Donors can contribute to The Ignite Fund (Rosary's Annual Fund) quickly and securely online using any major credit card.
The Ignite Fund is the cornerstone of giving to Rosary College Prep. This fund comprises unrestricted giving from all sources and supports all school programs and activities. The Ignite Fund is used to provide tuition assistance to enrolled families on a demonstrated financial need basis and helps Rosary maintain an affordable tuition rate by closing the gap between our operating expenses and tuition income.
When donating to The Ignite Fund donors have the option of directing how Rosary should deploy the funds:
- Area of Greatest Need - unrestricted giving that Rosary College Prep can direct to whichever area requires the most support
- Memorial Gift - A gift in memory of someone you love or admire can be a particularly meaningful way to contribute to Rosary. A memorial gift may be made to The Ignite Fund or as a capital gift and may be restricted or unrestricted.
- Tuition Assistance - provides scholarships as well as need-based tuition assistance to families who want to send their daughter(s) to Rosary College Prep, but are not able to afford to pay the full tuition. Our goal is to ensure that no young woman is denied a Catholic school education due to financial constraints.
- Sister Mary Joseph Alumnae Scholarship Fund - Rosary's Alumnae Association funds an annual $2,000/year, 4-year scholarship to an incoming freshman student. The scholarship is named in honor of Rosary's founding principal.
Other Ways to Give:
Donor Advised Funds
A donor-advised fund (DAF) is like a charitable investment account that is set up for the sole purpose of supporting charities. Individuals can contribute cash, stocks, or other assets into the DAF and receive an immediate tax deduction.
Donor-advised funds are the fastest-growing charitable giving vehicle because they are the easiest, and most tax-savvy way to support tax-exempt organizations 501(c)(3) like Rosary College Prep.
DAFs are a great tool for individuals who experience a unique circumstance (such as an inheritance, large bonus, etc.), and want to park charitable dollars, receive the tax benefit, and then have or take time to consider how and when to distribute those funds to one or more of their favorite charities.
Endowment Funds
Endowment funds ensure Rosary's future as an institution of the highest quality. Gifts specified for endowment purposes can be designated to support scholarships, teacher salaries, or general purposes, as well as new program development.
Named Scholarship Endowments
Gifts of $50,000 or more will provide a named scholarship in the student financial aid program. Such gifts can honor or memorialize a family member or friend, or the benefactor. Each year, donors will be sent information about the specific students their generosity supports, as well as the investment performance of the fund.
Gifts of SecuritiesGifts of $50,000 or more will provide a named scholarship in the student financial aid program. Such gifts can honor or memorialize a family member or friend, or the benefactor. Each year, donors will be sent information about the specific students their generosity supports, as well as the investment performance of the fund.
A donor that owns appreciated securities can benefit in two ways by making a gift of securities to Rosary College Prep. First, they will be able to claim a charitable income tax deduction for the full value of the shares, and second, they will be able to avoid the capital gains tax that would have been due if they sold the shares.
Gifts in Kind
Non-cash gifts of property such as computers, books, scientific equipment, art materials, etc. also make important gifts. The fair market value of such items, determined by the donor, is deductible for income tax purposes. A formal appraisal is required by the IRS for gifts in kind valued at over $5,000.
For more information about giving opportunities and ways to give, please contact Mrs. Karen Rocush, Director of Institutional Advancement, at (630) 896-0831 x215 or krocush@rosaryprep.org.
Rosary College Prep
Rosary College Prep is a Catholic, college-preparatory high school for young women, sponsored by the Dominican Sisters of Springfield, Illinois. Committed to truth, faith, and strength, Rosary fosters a community of academic excellence and empowered sisterhood.
© Rosary College Prep. All Rights Reserved