- Msgr. Lafferty Tuition Foundation - SOLD OUT 8/30/2018

The Monsignor Lafferty Tuition Foundation (MLTF) awards tuition grants to students attending Catholic schools in the Diocese of Sioux City. You can make an investment in education by donating to the MLTF and also receive an Iowa income tax credit certificate of 65% of your donation. We receive gifts ranging from $25 to $30,000!
 
Cash poor but asset rich? Consider gifts of grain, stock or IRA rollovers or gifts through your donor advised funds!


Here's how it works:

A gift of $1,000:

• - $650 comes back to the donor as a credit on their State of Iowa tax liability
• - possible federal tax deduction for you - $220 if in the 22% bracket
  
• = a cost of only $350-130, depending upon your deductions

A gift of $10,000:

• - $6500 comes back to the donor as a credit on their State of Iowa tax liability
• - possible federal tax deduction for you - $220 if in the 22% bracket
  
• = a cost of only $3500-1300 and a $10,000 gift to tuition!

We can accept:
- Grain
- IRA Rollovers
- Stock
- Cash!


Be sure to contribute today as credits are disappearing more quickly with the new tax laws - will be gone before fall 2018. Click here to give on-line.

Or download a PDF of the 2018 gift form here, print it and mail it directly to Sioux City, or bring it to us at the parish offices, or drop in the collection plate or mail it to us at 300 E. Third Street, Storm Lake, IA  50588.