Opportunities for Giving

Annual Fund

Financial contributions to the Annual Fund are an essential supplement to tuition and fees in every independent school, helping to bridge the gap between our tuition and the true cost of a Frankford Friends education.

The Frankford Friends Annual Fund benefits every student, every day. Whether it’s with a one time gift of $25, a pledge of $500, or more, every thoughtfully made gift is needed and deeply appreciated.

Give Online Through Network for Good

+ More about the Annual Fund

The Frankford Friends Annual Fund benefits every student, every day. Contributions to the Annual Fund support all of FFS programs, a robust curriculum, modernization and maintenance of our historic campus, accessible tuition, salaries, benefits, and professional development for our talented and dedicated faculty — every area touches every student at FFS.  

Tax deductible gifts to the Annual Fund help to bridge the gap between our tuition and the true cost of a Frankford Friends education. Foundations and other grant-making organizations look to the percentage of participation in the Annual Fund across constituencies as a measure of commitment and loyalty to Frankford Friends School.  

All gifts to the Annual Fund make an impact today, and serve as an investment in the future.  A contribution to the FFS Annual Fund is a wonderful way to honor your child, his or her teacher, and the outstanding work that happens at Frankford Friends every day.  

Every gift makes a difference, and demonstrates a collective commitment to Frankford Friends School. Please join faculty and staff, current and alumni parents, alumni, grandfriends, School Committee members, Meeting members, Friends, and others who support our school.  

The Frankford Friends Annual Fund year is July 1 – June 30th.  Gifts may be made at any time. Gifts made on or before December 31st are eligible to be claimed as a current tax year deduction.  

Give online with a credit or debit card at Network for Good or give by mail, with a check or money order payable to Frankford Friends School:

FFS Annual Fund
1500 Orthodox Street
Philadelphia, PA 19124

Give Online Through Network for Good

If you have any questions about giving to Frankford Friends School, please contact:

Joy Bowman Lim, Development Director
(215)533-5368x122
development@frankfordfriends.org

Spring Fling Fundraiser

Each year FFS hosts an adult-only fundraiser to build community and generate support for the school. The Spring Fling raises funds for a designated and restricted purpose:

+ 2019 Support for FFS teachers and programs
+ 2018 Support for campus expansion and 3rd phase campus master plan
+ 2017 Support for outdoor experiential education
+ 2016 Support for engineering and technology

Gifts for Financial Aid

Gifts for financial aid are critical and make possible a life-changing education for at least 30% of our students.

Friends Education Equity Collaborative (FEEC)

Increasing Access to Friends Education for More Families

Support tuition assistance at Frankford Friends School by making a gift today!

Would you like to make a gift that directly supports a student's education, and receive a 90% tax credit? Contact the FFS Development Office at: development@frankfordfriends.org to learn how!

+ More about FEEC

Frankford Friends School is one of the ten founding members of the Friends Education Equity Collaborative (FEEC), a Special Purpose Entity LLC formed in 2016 to secure tax credits offered through Pennsylvania’s popular EITC and OSTC tax credit programs.  

The EITC and OSTC programs were formerly only open to corporate donors, but with the formation of organizations like FEEC, qualified individuals now have the opportunity to receive tax credits while supporting schools like FFS.  

The purpose of FEEC is to foster the growth of Quaker Education by providing funding that makes a Quaker Education accessible for more families FEEC is comprised of 20 Quaker Schools and the Friends Council on Education (FCE). 

In just its first year, FEEC received over $2 million in gifts and pledges which have been used to support more than 100 students from 15 Quaker schools. We have grown to support children at 20 Friends schools across PA with over $4 million in financial aid. Many thanks to all donors, including participants from our own Frankford Friends School Community!

This is a game changer for small Friends schools in our area, and for Frankford Friends School.

What’s in it for me?

  • You have the ability to direct all or some of your PA state income tax liability to FFS. Our school will, in turn, use your gift to provide critical financial aid to students in need.
  • You will receive a tax credit equal to 90% of your contribution to FEEC. In addition, you may be able to claim a federal income tax deduction. Together, these benefits make a large gift very inexpensive to make.

How does it work?

  • Qualified individuals become members of FEEC.
  • You agree to make a set contribution to FEEC roughly equal to your anticipated state annual income taxes plus 10%, for two consecutive years.
  • You receive a tax credit each year for 90% of the amount of your contribution (which is roughly the amount of your anticipated taxes)
  • On the receiving end, FEEC makes a gift of your funds to the Friends Council on Education, which distributes them to FFS and other member schools. FEEC then sends you a tax form allocating the state income tax credits to you.

I am considering it for my business.

Great news! If your business has PA state tax liability over $3000, tax credits are available to your business as well. Consider participating through FEEC and save applying to the state for credits. We've got that part covered and tax credits available for you to use.

Am I qualified to participate?

You may qualify if you meet the following criteria:

  • Annual Income or Net Worth: One individual or spouse has an annual personal income of at least $200K, or the combined income of both spouses is at least $300K.
  • Alternately, you have a net worth greater than $1M, exclusive of the value of your primary residence.

AND

  • PA Tax Liability: You have at least $3,000 in PA tax liability annually.

I'm qualified. What next?

  • Please contact Joy Bowman Lim, Development Director, at 215-533-5368x122 to discuss your involvement in an upcoming round of funding. Please note, FEEC seeks participants with a tax liability of $3,000 or more who are willing to participate for two years.
  • FEEC identified the following two people as points of contact to answer questions.
    + Jeff Markovitz: cell, 267-872-9721; email, jeffm@pmfs1780.org
    + John Gilliland: cell, 484-919-0282; email, johng@pmfs1780.org
  • Friends Education Equity Collaborative c/o ABS
    PO Box 254 Oreland, PA 19075

Step by Step instructions on participating

DO YOU QUALIFY?

If you can answer YES to any one of these questions, you may qualify:

  • Are you employed by, or a partner in, a for-profit business and your annual personal income exceeds $200,000 (or $300,000 for a couple)? (Sole proprietorship are not qualified.)
  • Are you are employed by a not-for-profit and your annual personal income exceeds $200,000 (or $300,000 for a couple) or your net worth exceeds $1,000,000, excluding the value of your primary residence and you own stock in any Pennsylvania incorporated “business firm”?
  • Are you retired and your annual personal income exceeds $200,000 (or $300,000 for a couple) or your net worth exceeds $1,000,000, excluding the value of your primary residence and you own stock in any Pennsylvania incorporated “business firm”?
  • Are you an owner of a Pennsylvania Corporation or Partnership that has net assets in excess of $5,000,000?
  • Are you an officer of a Bank or Savings and Loan, acting in a fiduciary or professional capacity?
  • Are you an officer of Insurance Company, acting on behalf of the company?
  • Are you an officer or representative of a Trust, with total assets in excess of $5,000,000, acting on behalf of the trust?

EITC/OSTC Tax Credits for Tuition Aid

Pennsylvania’s Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs enable businesses, partnerships, and S-corp shareholders to reduce their Pennsylvania state tax liability– up to $750,000 per year — and gain a charitable giving deduction on Federal taxes by making a charitable donation to support need-based scholarships at FFS.  

Through EITC and OSTC programs your company can help a child receive a life-changing education at Frankford Friends School. For more information, contact Development Director, Joy Bowman Lim at development@frankfordfriends.org or (215)533-5368x122.

+ More about EITC/OSTC Tax Credits for Tuition Aid

How to participate:
1. Decide which program is the best fit for your organization. You can find the program information on the EITC and OSTC pages on the Department of Community and Economic Development (DCED) website or contact Development Director, Joy Bowman Lim at development@frankfordfriends.org or (215)533-5368x122 with any questions.

2. Apply online via the link on the DCED Single Application page.  Register for a login if you don’t already have one, and then complete the one-page online application for either the EITC or OSTC program. Please note: You will be asked to select either EITC or OSTC in this application; and, in addition, if your first choice is unavailable, whether you would like to apply for the other program. Please answer YES to this question. There is virtually no difference from the business’ perspective. FFS qualifies for both programs. Click here for the business online application guide.

3. Upon receipt of your approval letter from the DCED, you have 60 calendar days from the date of that letter to make a contribution to Frankford Friends School. Send your check to:           

Frankford Friends School           
Development Office           
1500 Orthodox St.           
Philadelphia PA 19124       

4. An acknowledgement will be sent upon the receipt of your check. Simply mail a copy of this acknowledgment, with the completed form that arrived with your approval letter to the PA Department of Revenue within 90 days of the date of your approval letter. Eligible Taxes to which credits can be applied:

  • Personal Income Tax
    (Tax credits can be distributed through more than one level of pass through entities, as well as spousal participation).
  • Capital Stock/Foreign Franchise Tax
  • Bank Shares Tax
  • Title Insurance & Trust Company Shares Tax
  • Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
  • Mutual Thrift Tax
  • Malt Beverage Tax
  • Retaliatory Feeds under section 212 of the Insurance Company Law of 1921

If you have more questions about the EITC or OSTC programs, please contact Development Director, Joy Bowman Lim at development@frankfordfriends.org or (215)533-5368x122.

Planned Giving

Bequests, charitable gift annuities, trusts and other planned giving arrangements are vital to the School’s work and future. A gift to FFS that is a part of a thoughtful, comprehensive estate plan provides a way of completing a lifetime of giving. It may also allow you to make a significant gift to FFS that was not possible at an earlier stage of life. Planned gifts can provide advantages such as lifetime income and tax benefits to the donor or other beneficiaries.

We would be delighted to know if you have named FFS beneficiary of a deferred gift, or if you would like more information.

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