LCA raises funds each year to support our students.
In addition, Life Christian Academy is committed to continuous advancement of our mission. Innovative programs such as our L.I.F.E. (Learning Is For Everyone) Program, Math and Science Institute, and school-wide technology integration are all possible because of giving support from our school families, grandparents, foundations, and our community. As God gives our leaders a vision to advance for our students, we believe He will also provide the funds through the gifts from His people. Please contact the Office of Advancement at 253.756.2462 if you would like to learn more about directed donations and/or scholarship endowments.
Life Christian Foundation
Securing the Future
The Life Christian Foundation is a 501(c)(3) non-profit organization formed to provide a perpetual source of revenue that supports Life Center and Life Christian Academy. The specific purpose of the foundation is to provide funds to support scholarships, and programs through endowment investment proceeds. The foundation accepts, manages, and invests gifts of property, securities, life insurance, bequests, cash, and other forms of contributions.
Endowment funds are designed to protect the donors fair market value of the gift and permanently appropriated to the fund. The resources are invested through our partner investment firm, Strategic Capital Assets of Gig Harbor, Washington. The asset value of each endowment fund is protected by the Life Christian Foundation Foundation policy whereby up to 5% of the asset value may be spent in a given fiscal year. This policy allows for the opportunity for the continual growth of the fund and a continued return on investment-thus extending the life of the endowment fund. Each endowment fund is established with a fund agreement between the donor and the foundation. The donor establishes the purpose of the endowment and the fund agreement establishes the criteria under which decisions are made for the use of the fund proceeds.
All donations and gifts are tax deductible. Additionally, certain gifts such as charitable remainder trusts, may qualify for the foundation to be the recipient of income or as the beneficiary of the trust, and thus provide excellent tax deferred incentives. Gifts of cash, stock, real estate, and personal property of value all qualify for tax deductions. Capital Planning Incorporated is a partnering firm that assists families with the formation of the family legacy giving plans. This important service includes the creation of an estate plan, a planned gift, and the legal counsel to complete the process.
The Life Christian Foundation Board oversees the policy and provisions for the endowment funds. The current board consists of:
For any information regarding the Life Christian Foundation, please contact the Office of Advancement at 253.756.2462. The foundation board meets approximately six times per year, and has its annual meeting in April of each year.