WAYS TO GIVE
Please consider these ways to give to Covington Catholic High School. If you have questions or wish to discuss options further, please call Tara Leen, Director of Advancement at (859) 448-2247. Thank you for supporting CovCath!
- Annual Appeal
- Capital Campaign
- Colonel Cash Madness Raffle
- Planned Giving
- Gifts of Securities
The Annual Appeal is a yearly solicitation of the entire Covington Catholic High School community. Proceeds go directly to our operating budget to help fund tuition assistance. In addition to supporting a student, your Annual Appeal gift will help alleviate budget shortfalls by allowing the school to utilize funds that would otherwise be earmarked for tuition assistance. An Annual Appeal goal of $300,000 has been set and is necessary for the school to maintain its 2016-17 budget.
"Bright Minds, Bright Future" is the theme of the current capital campaign. The scope of projects funded by this campaign includes: [Phase 1] academic facilities, bringing lights and much needed new infrastructure to the athletic stadium, a new tennis complex, a cafeteria expansion and alumni/student gathering space, new offices for alumni and advancement departments, and increases to the endowment funds; and [Phase 2] a new multi-purpose gym and renovations to the existing gym.
The Colonel Cash Madness is an annual split-the-pot raffle, which helps fund programs across the school. The jackpot is typically over $80,000, with 40% going to the 1st place winner, 5% to the 2nd place winner, and 55% to Covington Catholic.
Endowments are special gifts, often in honor or in memory of someone. A minimum $10,000 gift or pledge is required. Pledges can be fulfilled over a period of up to five years. When the fund reaches $10,000, it is considered to be an endowed fund. The principal is kept in tact and interest income is used to support a scholarship or program as designated by the donor.
Planned Giving refers to a future gift to Covington Catholic High School through your estate and financial plans. Planned gifts can include bequests, charitable trusts, gifts of insurance, etc. Some options may provide income payments back to the donor, as well as charitable tax deductions or a better overall balancing of tax consequences for an estate. Planned Giving donors are recognized at the annual Diocesan Legacy Brunch.
Donating appreciated securities, including stocks and bonds, is an easy and tax-effective way to make a gift to Covington Catholic High School. Gifts of securities may help the donor avoid capital gains tax on the sale of appreciated stock, receive a charitable income tax deduction, and most importantly supports the CCH mission.