You can join in supporting the school through the SGO program!
SGO Awards Presentation
At our school chapel service on Wednesday, December 11, we will be publicly recognizing that 61 of our students will receive $43,000 in awards through the Lutheran SGO of Indiana.
“SGO” is short for “Scholarship Granting Organization.” The Lutheran SGO of Indiana is an independent 501(c)3 organization that receives donations made through the Indiana SGO Tax Credit program and then distributes those awards to students at every Lutheran school in the state of Indiana.
This year St. John’s will award nearly $140,000 in scholarships to students at our school. This is in addition to the nearly $743,000 in Choice Scholarships provided to our students through the State of Indiana. That’s nearly $900,000 in scholarships! Our parents and families will pay less than $40,000 of the cost to attend St. John’s.
SGO DONORS
In the past two years, NINE donors (individuals or couples) have made these scholarships possible, donating more than $36,000 through the Lutheran SGO. These donors have also received tax credits in excess of $18,000 which they used to reduce their state income tax liability.
In short, these donors turned $18,000 into $36,000!
Here’s how it works:
Step 1: A donor makes a gift of $2,140 to the SJLS Fund at the Lutheran SGO of Indiana.
Step 2: The Lutheran SGO of Indiana keeps 7% ($140) to pay the costs of managing the organization.
Step 3: The donor receives a $1,070 Tax Credit Certificate to be used towards their Indiana State Tax Liability. (The credit is reported on their Indiana State Tax Return.)
Step 4: St. John’s awards $2,000 in scholarships to our students. The Lutheran SGO deposits those funds in our checking account
Net cost to donor: $1,070
Money received by St. John’s: $2,000
Some other info:
ANY individual, corporation or entity that has a Indiana State Tax Liability qualifies for this credit.
Gifts can be made in the form of cash (check), from a donor’s IRA, stocks or bonds, real estate, and even commodities (like corn or beans).
Want more information? Come meet Scott Schumacher, the Executive Director of the Lutheran SGO of Indiana, when he leads chapel on December 11 (8:10am).
How to turn $1,070 into $2,000 in scholarships!
Gift: $2,140 Gift: $2,140
Credit: – 1,070 Costs: – 140
Cost of gift: $1,070 Scholarships: $2,000
Read more from St. John's
Save the date: Family Reunion Sunday
Check out the plan for the Family Reunion Sunday on August 30th, beginning with worship at 10am. To check how you can help, the list of needed volunteers is also included here.
Blood Drive at St. John’s
Sign up now to donate blood on Family Reunion Sunday, as the American Red Cross has declared a national blood crisis and faces an emergency shortage.
Interviews Beginning for the Associate Pastor Call Process
The Call Process is moving forward as four names have been selected to be interviewed. More information on the plans for that interview process are shared here. If you would like to attend the…
The Story of the Stained Glass
Check out this series of articles describing the teachings behind the stained glass windows at St. John’s! This month, Pastor shares the meaning behind a small group of the disciples.