It is a privilege, one full of joy, to give to others what God has given to us. - 2nd Corinthians 9:7
At Tacoma Baptist Schools, tuition does not cover the entire cost to educate our students. We rely on donors who believe in the mission of our schools to stand in the gap; coming alongside us and providing for the financial needs of our schools. Donors support our schools in the following ways:
These can be of one-time gifts or ongoing scheduled donations (monthly, bi-annually, etc.) and are welcome for any of the following areas:
- General (Unrestricted): Used to offset annual expenses.
- Scholarship Fund: To provide funds to support our needs-based scholarship fund.
- Technology: Generates funding to help maintain and update technology in our computer labs and classrooms, equipping them with hardware, software, and tools to better prepare students to succeed in the real world.
- Building Fund: To cover ongoing expenses for repairs and ongoing upkeep of our campus buildings.
- Athletics: To provide funds for programming in support of the athletic program.
Tacoma Baptist Schools welcomes gifts to establish or increase endowed funds and to grow the TBS endowment. Endowments are permanent assets, which are invested to provide both current and future revenue streams to support the mission of the school. All donations to an endowed fund remain as principal and only a portion of the interest earned is used for current expenses; this allows the fund to continue in perpetuity and steadily increase in value.
Endowments can be established to provide financial support for scholarships, professional growth for our employees, academic programs, athletics, the performing arts, building maintenance, and a variety of other areas. For more information about contributing to the Tacoma Baptist Schools endowment fund, contact Tracy Wing, Finance Manager, at 253.475.7226 x134.
Tacoma Baptist Schools is recognized by the U.S Internal Revenue Service as a 501 (c)(3) organization. All gifts are fully deductible to the extent allowed by your county of residence. Due to IRS regulations, gifts designated to cover the expenses of individual students are not tax deductible. Gifts designated for restricted scholarship funds are tax deductible as long as the criteria are not so limited that they would benefit only one specific individual.