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WAYS TO Malama Ia Hanahau‘oli, CARE FOR HANAHAU‘OLI The General Operating Fund Gifts to the General Operating Fund support the operating needs of the school. These unrestricted gifts allow the school to provide for the rich educational program for children that is mandated by the mission of the school. They help to keep a Hanahau‘oli education affordable by limiting tuition increases, to maintain the competitive salaries Hanahau‘oli’s dedicated teachers deserve, and to rely less heavily on endowment income to underwrite the school’s operation. These funds are distributed to all areas of the school to ensure a comprehensive and individualized education for each child. Scholarship Funds Hanahau‘oli’s strong commitment to offering financial aid to eligible families stems from the desire to seek able students of varied talents and backgrounds. Maintaining an ethnic and socio-economic diversity amongst the student body is important to Hanahau‘oli as this mirrors the real world in which children live. Contributions to the Louisa Palmer Scholarship Fund, plus income from various named endowed scholarships that have been generously established by individuals and families go directly to provide financial assistance to families whose children would not otherwise be able to attend Hanahau‘oli. Special Endowed Funds Endowment funds are of special importance for Hanahau`oli. The interest income from permanently invested funds goes to support particular areas of interest designated by the donor. Gifts to these endowments contribute to the steady growth of the fund in order to meet the needs of the future. Generous donors have established endowed funds to support the arts, faculty, professional development, children with learning differences and financial aid among others. Often these endowed funds are in memory or in honor of a family member. Special Endowed Funds may be established and named with an initial gift of $10,000 or more. The Hanahau`oli Heritage Society The Hanahau`oli Heritage Society recognizes those special donors who have made planned or deferred gifts to the school. This manner of caring for Hanahau`oli offers donors opportunities to support the school and fulfill their philanthropic goals while receiving significant tax benefits and possible increased lifetime income. It is important to consult one’s financial advisor and/or our Advancement Office to determine each donor’s unique needs and personal strategies. The following types of funds and trusts provide vehicles for giving to Hanahau‘oli and may qualify donors for membership in the Heritage Club: bequests, charitable remainder trusts, charitable lead trusts, life insurance, and gifts to pooled income funds. If you have remembered Hanahau‘oli in your will or trust, please contact the Development Office so that we may acknowledge you with membership in our Heritage Club. Memorial Gifts Hanahau‘oli is grateful to those individuals who give to the school in memory of friends and relatives. Families may specify how these funds may be used to support areas of the program that their loved ones cared most about. Matching Gifts Hanahau‘oli benefits when individuals apply to their employer’s matching gift program for a match of their personal donation to the school. Many companies have chosen this avenue of supporting their employees’ philanthropic interests and a simple application may double an individual’s gift to Hanahau‘oli. Gifts in Kind Donations of personal property enrich the program, assist teachers and enhance the learning environment in countless ways. Hanahau‘oli provides documentation for gifts so that donors may establish value for their tax purposes. |
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