Support St. Luke School
Gifts of financial support and involvement are vital to ensure St. Luke School’s ability to fulfill its mission.
Like most private schools, St. Luke School 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. Luke School’s Funding Model
Tuition + Donations = Cost to Educate
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. Luke has embraced this historically successful model of tuition + donations for two reasons:
- It allows St. Luke to maintain a healthy enrollment by keeping tuition as low as possible.
- It enables families to receive a charitable tax deduction for a portion of the cost of their child’s education.
Participation is vital to sustaining all aspects of our school community that makes St. Luke exceptional.
We seek your help to accomplish these goals:
- First and foremost, your Gift of Prayer is powerful and necessary.
- Second, your Gift of Involvement is vital.
- Finally, your Gift of Financial Support ensures St. Luke’s ability to fully fulfill its mission.
Send your check, payable to St. Luke Development Fund, to:
St. Luke School
Attn: Development Office
519 Ashland Avenue
River Forest, IL 60305
Electronic Funds Transfer
Have your gift automatically deducted from your bank account each month.
If you or your spouse’s employer matches gifts to education institutions, your gift could be doubled or even tripled. Contact your company’s Human Resources department for its policy on matching gifts.
If securities are held by a broker or banker, you can have them transferred directly to St. Luke’s account from any local brokerage house. Email the Development Office or call 708-435-8927 to alert St. Luke that a gift of stock is being made. Donors of securities are eligible for special tax advantages.
A bequest is property given by will. Historically, the term bequest was used for personal property given by will and deviser for real property. Today, the two words are used interchangeably. Creating a will or updating an existing one — is not hard. However, we recommend that you consult with an attorney about the proper wording to make sure it follows all legal requirements.
If you do name our school as a beneficiary, you can share the following language with your attorney:
I give (list a dollar amount/percentage of your estate/specific asset or item) to The Catholic Bishop of Chicago, Tax ID #36-2170826, located in Chicago, Illinois for the use and benefit of St. Luke School located in River Forest, Illinois or to its successor.
Email Sheila Price if you have any questions.