HOW YOU CAN HELP
As an independent school, Petra Academy receives no financial support from public tax revenue. Consequently, we rely on tuition income and financial contributions to meet our operating budget. Our tuition is lower than what it would need to be for Petra to maintain an operating budget on tuition income alone; otherwise, many families could not afford a Petra education. However, generous financial support has enabled us to pay our teachers competitive wages and support an operating fund.
PRAY FOR PETRA
Your prayers for our staff and students are vital and deeply appreciated. If you are in the Bozeman area, please call our office for weekly opportunities for corporate prayer.
MAKE A GIFT
Our biggest need is always undesignated charitable giving, which accounts for approximately 10% of our operating budget each year. We believe in the important role that quality Christian education plays in the work of God’s kingdom and are grateful for all who contribute toward the fulfillment of our mission. To make a tax-deductible financial gift, please contact our Headmaster.
A charitable bequest is one of the easiest and most flexible ways to make a gift to Petra Academy that will make a lasting impact. A significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life.
How a bequest works
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Petra Academy as part of your estate plan, or you can make a bequest using a beneficiary designation form.
Benefits of a bequest
A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.
Ways to leave a bequest to Petra Academy
– Include a bequest to Petra Academy in your will or revocable trust
– Designate Petra Academy as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
– Name Petra Academy as a beneficiary of your life insurance policy
Types of bequests
– Percentage bequest – make a gift of a percentage of your estate
– Specific bequest – make a gift of a specific dollar amount or a specific asset
– Residual bequest – make a gift from the balance or residue of your estate
– Contingent bequest – make a gift if the purpose of your primary bequest cannot be met
If you have any questions about leaving a bequest to us, please contact us. If you have included a bequest for Petra Academy in your estate plan, let us know so we may thank you and recognize you for your gift.
We keep a wishlist of items with price tags ranging from dozens to thousands of dollars. These are items we’d like to have, but in the course of annual budgeting, have determined we don’t have the spare funds to purchase.
As is true for any school, volunteers – one-time, daily, weekly, monthly – have been an essential part of what has made Petra Academy successful over the past 20 years. Many of these volunteers have been parents whose children attend our school, but many more have been grandparents, neighbors, and people who simply love children and have a heart for classical and Christian education in the Gallatin Valley.
There are many ways to volunteer at Petra: as substitute teachers, sports coaches, fundraising coordinators, help with cleaning, maintenance, etc. Please contact our office if you would like to offer your time and talents.