Ways to Give
Prayer for Generosity
Bishop Canevin Fund
The Bishop Canevin Fund is the school's most important and ongoing fundraising effort, and plays an essential role in offering the young men and women of Bishop Canevin the best possible education in the best possible facilities. While tuition revenue covers a major portion of the school's operations, it does no cover 100%. The Bishop Canevin Fund helps bridge the gap between tuition revenue and the increasing cost of operating the school.
In addition, annual donation to the Bishop Canevin Fund provides critical support to the school's financial aid program. The generosity of alumni, parents and friends makes it possible for eligible students to have the benefit of a Bishop Canevin education regardless of financial circumstances.
Support of the Bishop Canevin Fund ensures that a Bishop Canevin education continues its legacy of an exceptional learning experience that encourages each student to enrich their faith, explore opportunities, and exceed expectations.
Tax Credit Programs
If you pay business taxes to the state of Pennsylvania, you could make a significant difference for Bishop Canevin Students. The Educational Improvement Tax Credit (E.I.T.C.) and the Opportunity Scholarship Tax Credit (O.S.T.C.) allow companies to reduce their state tax liability by making charitable donations to non-profit organizations. Since 2005, over $1.3 million in tax credits have been designated to Bishop Canevin from a variety of corporations and companies who have taken advantage of these state programs. Tax credits support the tuition assistance program.
Tax credits are provided to companies who make a donation to approved organizations. The Diocese of Pittsburgh is the approved organization for Bishop Canevin. For a one-year commitment to Bishop Canevin, a company will receive a tax credit equal to 75% of the total contribution, up to maximum of $750,000. If a company commits to participating for two consecutive years, the tax credit increases to 90%, up to a maximum of $750,000. If your company pays any of the following taxes, you are eligible to receive tax credits:
- Corporate Net Income Tax
- Capital Stock Franchise Tax
- Band and Trust Company Shares Tax
- Mutual Thrift Institution Tax
- Insurance Premium Tax
- Title Insurance Companies Share Tax
Or Are a Pass-Through Corporation
Companies apply for the tax credits through the state's online process. The application guide can be found at www.newpa.com/eitc or www.newpa.com/ostc. The applications are processed on a first-come, first-served basis so it is important that your application is received no later than July 1st (or May 15th if you are completing a two-year commitment).
Why send your business taxes to Harrisburg when they can make a difference right here for Bishop Canevin students? To learn more about E.I.T.C. and O.S.T.C. programs, contact Kathy Lynch, Executive Director of Advancement: email@example.com or 412.922.7400, ext. 219.
Corporate Matching Gifts
Many companies offer programs that match charitable donations made by their employees, directors, employees' spouses, or retirees. More than 4,000 companies match gifts to private educational institutions like Bishop Canevin. Such programs typically match all or a percentage of the donation. Contact your employer's Human Resource Office for information and the appropriate forms. Matching gifts are added to your own gift and are counted toward gift society levels.
All donations to Bishop Canevin are sincerely appreciated and welcomed. No matter the size, when added to those of other, your gift increases in value:
- Legacy Circle: $10,000+
- St. Ignatius Circle: $5,000 to $9,999
- Canevin Circle: $2,500 to $4,999
- Headmaster Circle: $1,000 to $2,499
- Crusader Club: $500 to $999
- Blue and White Club: $250 to $499
- 1959 Club: $100 to $249
- Old English "C": $50 to $99
Friends of BCHS: Up to $49
The Loyola Society
The Loyola Society is so named to reflect the ideals and values of St. Ignatius of Loyola. The Society enrolls alumni and friends who make an annual gift of $1,000 or more to the Bishop Canevin Fund, and includes those who participate in the Education Improvement Tax Credit program and/or make a planned gift. The generosity of these donors signifies their commitment to the missions and philosophy of Bishop Canevin and ensures academic excellence today, tomorrow and forever. We are sincerely grateful to all Loyola Society members who partner with us in preparing young men and women to be faith-filled leaders of tomorrow.
Young Professional Society
The Young Professional Society is an introduction to supporting the Bishop Canevin Fund at a leadership level. Inspired by the Loyola Society, whose members donate at the leadership level of $1,000 or more, the Young Professionals Society is designed for alumni between the ages of 35 to 45. Members of this society pledge to make annual gifts to the Bishop Canevin Fund of $500 for three consecutive years, during which time they are invited to the annual leadership donor recognition dinner for Loyola Society members. After the third year, Young Professional Society members join the Loyola Society by making annual gifts of $1,000 or more to the Bishop Canevin Fund. Members of the Young Professionals Society have the unique opportunity to connect and network with alumni who generously lend their financial support so that Bishop Canevin's tradition of excellence continues for the future generations of Crusaders.