Big Shoulders Fun
It takes big shoulders to carry a child's dreams
Inspired by Joseph Cardinal Bernardin, Big Shoulders Fund was founded by a group of business and civic leaders in 1986 to provide support to Catholic schools in the neediest areas of inner-city Chicago.
For more than twenty-eight years, Big Shoulders Fund has helped Chicago’s children in need achieve their dreams through access to a quality, values-based education. We accomplish this by investing more than $20 million annually in scholarship support and academic enrichment for students, operational improvements for schools, leadership development programs for the next generation of school leaders, and academic programs and professional development for teachers.
Big Shoulders Fund serves 20,000 students in 72 schools in the Chicago region. In 2019, a fully funded and restricted gift from the Bruce and Beth White Family Foundation extended Big Shoulders Fund’s programming to the Northwest Indiana region, serving 20 schools and nearly 6,000 students. This network of schools is an important resource for students and communities, with research showing that when a Catholic school closes the surrounding area experiences an increase in violence and a decrease in social cohesion.
Big Shoulders is unique in that administrative expenses are supported by an endowment and other income, which ensures 100 percent of funds currently raised go toward programs that benefit Big Shoulders Fund schools and the students they serve.
Big Shoulders Fund’s multifaceted support to schools has proven results with students enrolling in quality, college prep high schools, persisting through to college and graduating at rates higher than their peers, and leading productive lives as adults that help to empower communities.
Category: Education
Support Big Shoulders Fun with a tax-advantaged gift in minutes!
- Avoid capital gains tax* and deduct the current value of stocks, ETFs or mutual funds held more than one year
- Amplify your generosity with a pre-tax gift: nonprofit keeps the proceeds that would have been paid in taxes
- It’s fast, safe and free with the most trusted name in stock gifting
This is information, not financial advice. Please consult with a tax professional. *
Capital Gains Tax and NII Tax rates range from 18.8% - 37.1%, depending on your income and locality.
Disclosures:
- DonateStock is the trusted facilitator of charitable gifts of securities, crypto and other non-cash assets for more than 10,000 nonprofits and donors.
- To better serve our stock and crypto donors, we host giving pages (like this one) so they can donate securities and crypto to other nonprofits from their DonateStock account.
- As this specific nonprofit has not yet registered with us, the donation will be processed and paid by Donatestock Charitable, Inc, a 501(c)(3) nonprofit.
- Once the gift is initiated, we will contact the nonprofit beneficiary to inform them of the gift and arrange payment.
- After the gift is received, we will provide a tax receipt to the donor and send the proceeds, gift details and donor information to the nonprofit beneficiary.
- Payments are normally sent via ACH within 2 weeks of receiving the shares or crypto. If we cannot reach the nonprofit beneficiary within 30 days, we will remit payment by check.
- There is no cost to donors or financial advisors. Nonprofits are charged a modest transaction fee that is in line with (or lower than) other online gifts.
- Please contact us if you have any questions.