As each has received a gift, use it to serve one another, as good stewards of God's varied grace. 1 Peter 4:10
St. Gabriel’s is an independent Catholic school, which means that the school is financially independent of the Diocese of Austin and operates as a 501(c)(3) non-profit organization. Because we are not affiliated with a particular Catholic parish, we are not part of any parish operating budget.
Like most private schools, St. Gabriel’s cannot operate on tuition alone. Our school follows a century-old financial model used by thousands of America’s best private schools that combines tuition and charitable donations to balance the school’s operating budget.
St. Gabriel's Funding Model
Tuition + Donations = Cost of Education
This funding model specifies that 80-90 percent of operating costs be covered by tuition and fees and 10-20 percent be covered by donations. St. Gabriel’s has embraced this historically successful model of tuition + donations for two reasons:
1. It allows St. Gabriel’s to maintain a healthy enrollment by keeping tuition as low as possible. 2. It enables families to receive a charitable tax deduction for a portion of the cost of their child’s education.
Using publicly-traded stock to make a gift to St. Gabriel's Catholic School can be a tax-wise method of giving, especially if the stock has appreciated in value since you acquired it. Talk to your tax professional to see if the last weeks of the year are the right time for you to make a gift of securities.
Giving appreciated stock saves you tax dollars in two ways: First, you will receive an income-tax deduction for the current value of the stock. This value is the average of the high and low trading price on the transfer date. Second, you avoid paying the tax on the capital gain of the stock.
PLEASE NOTE: If you are considering a gift of stock or other marketable securities, the asset must transfer on or before the last business day of the year.
So that we can be sure to accurately match the donation to you, please alert us that you have made a gift of stock by contacting: Alicia Robertson, Director of Advancement, at (512) 600-6451 or at email@example.com
Gifts must be dated and post-marked on or before December 31 to be included in the current tax year. Gifts received after this date will be considered for the following calendar year. (Reminder: St. Gabriel's operates on a August 1-July 31 fiscal year)