Since our organization is legally incorporated at the state level, we can solicit and receive donations, contributions, and grants, and deposit those funds into our corporate bank account. The fact that the federal tax-exemption application remains pending does not prevent the organization from accepting charitable support or operating in furtherance of its exempt purposes. Valley Independent Preparatory Academy, Inc., is a California nonprofit corporation with a pending application for recognition of exemption under Section 501(c)(3). If the IRS ultimately recognizes the organization as exempt and the Form 1023 was timely filed, the exemption would generally be retroactive to the date of incorporation, and qualifying contributions made during the pending period would generally be treated as tax-deductible. We cannot guarantee tax-deductibility before the IRS determination letter is issued, but we do not have any reason to believe this designation won't be granted.
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Valley Independent Founding Capital Campaign
Valley Independent Founding Capital Campaign

$14,700

Raised

5

Donations

$100,000

Goal

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Valley Independent Preparatory Academy is a welcoming academic community where every student is known, valued and inspired to be curious, think critically, lead with integrity, and make a positive difference in the world. 


From the beginning, we are committed to building a school that is not only exceptional today, but sustainable for generations to come. One of our highest priorities is establishing the financial strength and reserves that will allow the school to thrive through changing circumstances and future challenges. 


We looked at the financials of longstanding, stable schools like ours, and one thing stood out. These schools fundraise roughly 20% of their revenue every year and build cash reserves large enough to function as a small endowment. As a nonprofit, Valley Independent doesn't have shareholders or a corporate parent company covering that gap. Philanthropy is the backbone of how schools like ours stay strong and steady, and we're instilling that in our culture from day one.


The funds raised in this campaign will be strategically managed to provide stabilizing support for our school through future investments, programs, events and will allow us to continue the practice of financial aid to support our community in the way they need. 


By building the foundation of this from the very start, we can help ensure that future students benefit for years to come. 


Go Bighorns!

Parent Advisory Committee

Valley Independent 


www.valley-academy.org




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