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Giving

Virginia Chance School has only two annual fundraising events a year, and contribution is expected from all Chance community members. For many years, participation has been: 100 percent of Board of Trustees, 100 percent of faculty and staff, and 100 percent of Chance families. 
 
While tuition is Virginia Chance School’s primary revenue source, it does not cover all the expenses. In fact, only 84 percent of annual expenses are covered by tuition. Fundraising “fills the gap” between the school charges and what it actually costs to educate each child.

Virginia Chance School holds two major fundraising events each year: Our Challenge for Chance and the Virginia Chance School Auction. Our goal is 100 percent parent participation in both programs. The additional revenue provides for the balance of operating expenses, enhances current programs, contributes to the school's socioeconomic diversity, and strengthens the organization for the future.
 
Mary Maple was a Virginia Chance School parent who lost her cancer battle before her children graduated from Chance. Because her whole family believed in the school's mission, the family established the Mary Maple Financial Aid Fund in her memory.

The Mary Maple Financial Aid Fund underscores the school’s commitment to making Virginia Chance School economically accessible to students from all backgrounds, regardless of their financial resources. Each year, this fund provides need-based tuition assistance for our Elementary Program to approximately 20-25 percent of students.

You will hear from her two grown children, Meredith and Justin. They are about your age now and live out of town with their young families. They want to share what Chance has meant to them and why they continue to support the Mary Maple fund. Below are Meredith and Justin's Letters to the Families at Virginia Chance School.
 
 
 
 
The Challenge for Chance is one of two annual fundraising programs. Early each year, each Chance parent receives a letter and pledge form with a specific suggested dollar request. We urge all to contribute as they consider appropriate.  The campaign begins annually on Parents’ Night and ends on December 31, 2021.
 

We invite you to join us in supporting this exceptional community and give to our 2020 Challenge for Chance campaign because we believe that where you start matters. You are important to our Virginia Chance School family. Your children are important. Your contribution is important. Thank you for allowing us the privilege of helping your children grow, and thank you for your support.

 

The Challenge for Chance runs from mid-September through December 31st and your contribution is tax-deductible.

Thank you for helping us reach 100%!

 

 
 
The annual themed auction is a great evening of fun and friendship, dinner, and the main event- our Silent and Live Auctions, and everyone is invited!  Our virtual auction took place on February 20, 2021.
 
The Endowment Fund, named in memory of Miss Bettye, long-time teacher and preschool advisor Bettye Worcester, was established in 2000 to honor her love of children and commit to this progressive learning approach for future generations by ensuring the financial health of the school. These funds are invested, and only the earnings are used to support general operations in future years. Because the principle remains intact, your gift will continue giving to generations of children who will pass through these doors as a part of this fund.

As a result of this endowment, the Virginia Chance School continues to make significant investments in the best teachers, resources, and technology and maintain and expand the historic school setting to serve students better.

If you have any questions about planned giving and our Endowment Fund, please contact Karen Linton, Director of Finance, at (502)-425-6904.
Support from parents, alumni, and friends ensures that we continue to fulfill our mission and vision for years to come. Below is a list of options you might consider when making a gift to Virginia Chance School. If you are interested in learning more about these gift opportunities or have already designated Virginia Chance School as a beneficiary, please contact us to recognize your generous contribution.

Gifts of Cash
Gifts of cash may be made either outright or as a multi-year pledge. These gifts are fully deductible up to a maximum of 50 percent of the donor’s adjusted gross income.

Gifts of Securities
Gifts of securities may be made either outright or as multi-year pledges. Such gifts allow the donor to receive a charitable deduction for the full fair-market value of the security while avoiding capital gains and alternative minimum taxes on the increased value of the security.

Tangible Property
Donors may make tangible property gifts such as real estate, artwork, books, vehicles, equipment, and furniture outright to the school. Donors may avoid the capital gains tax and receive a charitable deduction for the property's full fair market value.

Matching Gifts
Many corporations will match gifts made by their employees and associates. Check with your Human Resources Department to determine whether your employer sponsors such a program.

Other Gifts
Virginia Chance School also accepts other types of gifts, including Gifts of Life Insurance, Charitable Gift Annuities, Charitable Lead Trusts, Charitable Remainder Unitrusts, Estate, and Planned Gifts, Bequests, and Gifts in Kind.

Please consult your financial adviser or attorney to determine your ideal type of giving and learn about the added benefits, such as tax deductions, for your generous support. Thank you for considering support to Virginia Chance School!

Year-End Giving Facts

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If you have any questions about giving to Virginia Chance School, please contact Karen Linton, Director of Finance, at (502)-425-6904 or linton.karen@chanceschool.org. Thank you for your generosity!