Featured Event

MLTF

Gehlen Catholic families,

Since January 1, 2021, we have been fundraising for the Monsignor Lafferty Tuition Foundation (MLTF). If you are new to Gehlen Catholic, you may not know that MLTF awards tuition scholarships to students of qualifying families that attend a Catholic school in the Diocese of Sioux City. When donating, donors can choose their funds to directly impact our students at Gehlen Catholic with MLTF scholarships. The additional incentive of donating to MLTF is that each donor receives a State of Iowa tax credit worth 75% (increased from the 65% in 2020) of their donation! 

As of today, we have raised almost 40% of our Gehlen Catholic goal and have $169,000 left to raise. If you are a farm family donating grain directly to MLTF, you have an opportunity for even more significant tax savings (more details here: scdiocese.org/grain-donations).

There are only so many tax credits allocated to MLTF and as the days go by, they are slipping away. If you are considering a donation to MLTF, please do not wait! We don't want you to miss out on the opportunity of a 75% State of Iowa tax credit! See chart below to see the great value of donating.

A BIG thank you to our families, staff, and community members who have already donated. You are changing lives and ensuring a Catholic education for families who wish to receive it for their children at Gehlen Catholic.

 As the saying goes…."Helping one person might not change the world, but it could change the world for one person." -Anonymous

If you feel called to donate, you may do so online (link below) or fill out the giving form attached and mail it to Monsignor Lafferty Tuition Foundation, PO Box 3379 - Sioux City, IA 51102-3379. Please make sure to select Gehlen Catholic as the Catholic school you'd like to apply your gift to.

https://secure.acceptiva.com/?cst=a8ccb9

Thank you for your prayerful consideration!

God Bless and Go Jays!

Amy Jungers, Gehlen Catholic Development Director 

MLTF $1,000 Donation Example (assuming a 22% tax bracket):
   $55 may be saved on federal taxes
   
$750 (75%) State Tax Credit
   
$805=Net Tax Savings
   
$195=Donor Cost per $1,000 contribution

MLTF $10,000 Donation Example (assuming a 22% tax bracket)
    
$550 may be saved on federal taxes
    
$7,500 (75%) State Tax Credit
    
$8,050=Net Tax Savings
    
$1,950=Donor cost per $10,000 contribution

 

 

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