The Tax Cuts and Jobs Act of 2017 made many changes which impact charities and not-for-profit organizations such as private schools. Large private schools have expert tax advice at their disposal, as well they should. However, small private schools may not have a fulltime accountant on their staff. The point of this article is to encourage the administrators and trustees of small schools to discuss The Tax Cuts and Jobs Act of 2017 with tax and legal professionals at their earliest opportunity. These small schools need to understand what impact the new tax code has on their operations.

Here then are five items which I offer as talking points for your discussions.

1. The Impact On Charitable Giving

The Tax Cuts and Jobs Act – What Nonprofits Need to Know by Sandra Cyr in Philanthropy Journal News offers some insight into how the Tax Act might impact charitable giving. I use the verb "might" advisedly, because it is too soon as of this writing in July 2018 to know what the real impact on charitable giving will be. We will have a better idea about that in the spring of 2019. In the meantime, I suggest that you discuss giving with your board and try to develop a realistic plan. Don't assume that giving will stay the way it has been. Assume that it will change and be prepared for that change.

2. Doubling

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There are many reasons why a private, independent, or boarding school could be an excellent option for your child.

• Private schools typically offer thrilling academic challenges, extensive STEM or arts programs, or other remarkable resources.
• Their student-teacher ratios are low.
• Their faculty usually have advanced academic degrees and strong professional reputations.

About 10 percent of students attend private schools nationwide.

• Private school admissions tend to be selective and in many cases competitive.
• To help distinguish applicants who meet admission standards, private schools use standardized testing.
• The Independent School Entrance Exam (ISEE) and Secondary School Admissions Exam (SSAT) are the most commonly used admissions tests for private, independent, and boarding schools.
• The High School Placement Test (HSPT) is often used by Catholic schools for entrance into grade 9.

The ISEE and SSAT are long multiple-choice tests lasting 2-3 hours and potentially covering above-grade-level content.

• For the 4th grader applying to a private middle school, this might be the first time they have undergone two hours of solid testing with only one or two short breaks.
• The best starting point is always to have your student take a full-length diagnostic test.
• It’s important to know where your child is starting from so that you can help them get to where they need to be.

This video offers an overview of the ISEE private school standardized admissions test.

ISEE & SSAT: Similarities and Differences

Which

Scholarship Tax Credit Programs

School choice has been a fact in American K-12 education since 1989. That year the State of Wisconsin passed a voucher program which aimed to help students from low-income families in Milwaukee. Since then 39 states have established school choice programs. Depending on the state, school choice programs have expanded to include educational savings accounts, tax credit scholarships, and individual tax credit/deduction which parents can use to send their children to a private school.

Most states also allow parents to transfer their children from underperforming public schools to higher-performing public schools. In addition, many states have permitted the establishment of charter schools as one more alternative to an underperforming public school. Because allocating taxpayer funding to educational resources other than public schools is controversial, numerous legal challenges have been filed. Depending on the state, you will see a variety of workarounds including the afore-mentioned educational savings accounts, tax credit scholarships, and individual tax credits/deductions.

According to the American Federation for Children, the following states now have some form of funding for school choice programs. In fact, several states offer several educational choice options. For the latest information https://www.federationforchildren.org/

• Alabama
• Arizona
• Florida
• Georgia
• Indiana
• Iowa
• Louisiana
• New Hampshire
• North Carolina
• Ohio
• Oklahoma
• Pennsylvania
• Rhode Island
• South Carolina
• Utah
• Virginia

When you think of single-sex education as a choice or an option when you are thinking about sending your child to private school, the subject becomes a little easier to understand in the 21st century. Historically private schools have offered single-sex education for decades. Indeed many of our older K-12 schools were founded with the purpose of educating boys or girls separately. That's the way things were done back in the 18th and 19th centuries. Colleges and universities were also set up as single-sex institutions. For example, Harvard University was an all-male university until 1977 when its sister college, Radcliffe, merged with it.

Characteristics of single-sex schools

How do we define a single-sex school? By definition, a single-sex school is a school which educates boys or girls exclusively. As a general rule classes will not be co-educational. On occasion, neighboring boys and girls schools which have an established relationship will host co-educational classes.

What grades do single-sex schools offer? Typically single-sex schools are high schools offering grades 9 through 12 and a Post Graduate year where available. A handful of single-sex schools offer the middle school grades 6 through 9. Even fewer schools offer PK-12. You will also notice that middle school grades go up to grade 9 and high school begins with grade 9 as well. Actually, grade 10 is probably the most common entry point for private high schools. That’s one reason for the overlap of the grades.

There are several different kinds of

When planning your children's summer, you give yourself two gifts. The first is engaged, active, happy children. The second gift is the comfort of knowing that you are expanding their knowledge in an informal, supervised learning situation.

When I was growing up, my parents decamped every summer from Montreal to Woodlands, on the shores of Lac Saint Louis about 30 miles west of the city. They rented a cottage across the road from the lake. We took swimming and sailing lessons at the Woodlands Yacht Club and helped with the large garden, which provided vegetables and flowers during the short Canadian summer. It was idyllic and safe.

The routine was pleasant and predictable. My parents were not wealthy. In the 1950s, a lower-middle-class family of seven could make summers like the ones I described above happen for a modest cost. Fast forward to 2026, and summer camps, enrichment programs, academic institutes, and specialty experiences continue to serve a similar purpose: providing children with activity-filled days in safe, well-supervised environments while helping them build new skills and interests.

The most important caveat when selecting a summer program is to make certain that you understand all the aspects involved. Know everything about the quality of the activities, the supervision, snacks and meals, transportation policies, safety procedures, and all the other details. Assume nothing. Most schools, camps, and community organizations that run summer programs will be happy to answer your questions.

Parents exploring educational opportunities beyond the summer months may also