"We will tell the next generation the praiseworthy deeds of the Lord, His power, and the wonders He has done so the next generation would know them, even the children yet to be born, and they in turn would tell their children. Then they would put their trust in God and would not forget His deeds but would keep His commands" - Psalm 78:4-6
The Next Generation Fund, Metrolina Christian Academy’s endowment, was established in 2011 for the purpose of ensuring Christian education for generations to come. The goal of MCA’s endowment, as well as any endowment, is to provide long term financial stability; it is an investment in the future. Gifts invested in The Next Generation Fund are permanently held (never spent but invested) and only the revenue generated from the investment capital is used to aid the school in the areas of: Educational Resources, Tuition Assistance, Teacher Compensation and Capital Improvements.
MCA needs your help in building its endowment and leaving a Christian education legacy for future generations. A gift to The Next Generation Fund is a wonderful way to benefit future generations of “Warriors for Christ”, while also strengthening and preserving the Metrolina mission. Ways you can donate to MCA’s endowment fund include:
Cash - The simplest and most common gift is a gift of cash. For income tax purposes, a cash gift is deductible to the extent allowed by law.
Stock - If you own stock, it is almost always more tax-wise to contribute stock than cash. This is true because a gift of appreciated stock generally offers a two-fold tax savings. First, you avoid paying any capital gains tax on the increase in the value of the stock. Second, you receive an income tax charitable deduction for the full fair market value of the stock at the time of the gift.
Real Estate - A residence, vacation home, farm, land or even a vacant lot may have so much appreciated value that its sale would mean sizeable capital gains tax. By making a real estate gift, you may be able to avoid the capital gains tax and at the same time, receive a charitable deduction for the full fair market value of the property.
Life Income Gifts - A donor may establish life income gifts in a variety of ways. You can transfer cash or stock to MCA and establish a Charitable Gift Annuity or a Charitable Remainder Trust that would provide you with an annual return. Through this arrangement, you would be increasing your income while making meaningful, tax-deductible, contribution at the same time.
Bequests - A person may include Metrolina Christian Academy in his/her will. This will benefit our school while the donor saves estate tax dollars.
Insurance - By naming MCA a beneficiary and/or owner of a life insurance policy, you may achieve tax advantages without compromising the primary obligation of protecting loved ones.
Please consult with your tax adviser to learn more about the tax advantages of gifting to the Metrolina Christian Academy Endowment Fund.
Metrolina Christian Academy has partnered with the North Carolina Baptist Foundation, who will manage the investments of the school’s endowment fund, as well as maintain the investment policy for all funds.
If you would like to make a donation to MCA’s The Next Generation Fund, please contact Dana Bostic in the Advancement Office.