Illinois Mathematics and Science Academy

To ignite and nurture creative, ethical, scientific minds that advance the human condition.

Leadership Giving

IMSA Fund's generous donors play a strong role in IMSA's most important initiatives. By giving at the leadership level, they provide the necessary momentum for getting a major project off the ground and inspiring others to give. These gifts are especially valuable because they help meet important needs - enabling IMSA to bring dedicated and driving faculty and staff, maintain critical support for our programs and curriculum, and augment facilities as growth dictates.

Muon Society

Many of the programs and services at would not be possible without the financial support of donors who give to the IMSA Fund for Advancement of Education because of a personal connection to IMSA, belief in our mission or concern about education in Illinois or beyond.

The IMSA Fund recently established the Muon Society to recognize individuals who name the Fund in their estate planning. A planned gift is a charitable contribution that takes into account the donor’s personal tax, financial and estate circumstances and goals.  It can be made during the donor’s life or after their death.  Planned giving can allow for a donor to make a gift to the IMSA Fund while also maximizing benefits to both the donor and the Academy.  Tax savings are not the reason friends support our endeavors, of course, but they do enable supporters to do more than they might have thought possible.

Let us know that you have included the IMSA Fund in your estate plan and you will be a member of the Muon Society. Members are recognized each year in the IMSA Fund annual report, through special mailings and event invitations.

Fill out this form or send an email to giving@imsa.edu for more information or to discus the various planned giving options

Planned Giving - A Case Example

A planned gift is a charitable contribution that takes into account the donor’s personal tax, financial and estate circumstances and goals.  It can be made during the donor’s life or after their death.  Planned giving can allow for a donor to make a gift to the IMSA Fund for Advancement of education while also maximizing benefits to both the donor and the Academy.  Tax savings are not the reason friends support our endeavors, of course, but they do enable supporters to do more than they might have thought possible.

As a recent illustration of the power of a planned gift, here is the story of IMSA alum and staff member, Scott Swanson '90. Scott Swanson passed away in January 2010, and his family and several close alumni friends established the Scott Swanson Fund for Transformative Student Learning and Innovation in the IMSA Fund, https://www.imsa.edu/giving/annual/alumni/swanson.

The IMSA Fund was informed that Scott named it a beneficiary on his life insurance policy through the State of Illinois.  Scott’s decision to honor IMSA in this way speaks volumes about his love and passion for our mission and work. In addition it serves as a wonderful example for how individuals, especially our closest constituents  -- alumni, staff, parents and board members – can remember IMSA as we make our planned giving decisions.  The IMSA Fund recently established the Muon Society to recognize people who name it in their estate planning.

Scott is now a member of our Kaleidoscope Society which recognizes lifetime leadership giving of five figures and up.  We look forward to all that his generosity, and the generosity of other donors to the Swanson Fund, will make possible for our students.  Gail asked that we share a comment from her at this time:

"IMSA was near and dear to Scott's heart from his first days as a student in 1987 until his last moments with us on this Earth.  I am grateful for the many IMSA people who enriched his life and mine and I thank you for hosting the moving Club Pseudo memorial event.  I know Scott will always be with us in spirit, and his passion for student learning and innovation using leading-edge technologies will live on in the lives of current and future IMSA students who benefit from the Scott Swanson Fund.”

IMSA Fund Establishes Endowment Program

Building IMSA’s endowment fund will give IMSA much-needed agility and flexibility it simply does not have with state appropriations and restricted grants and gifts. It will provide security over the long term by expanding IMSA’s permanent financial base and creating a predictable source of future income for such things as student inquiry or research projects, faculty support, academy priorities or even entire academic programs.

The IMSA Fund Board of Directors voted to establish an endowment program. To honor Dr. Stephanie Pace Marshall’s 20 years of stellar leadership as IMSA’s founding President, the Board has named the primary endowment fund the Stephanie Pace Marshall Endowment to Ignite Innovation.

The Marshall Endowment Fund will provide annual support for IMSA to seed innovation, build strategic capacity and respond to significant unanticipated opportunities, as approved by the IMSA Fund Board. This fund will give IMSA much-needed agility and flexibility it simply does not have with state appropriations and restricted grants and gifts. Gifts of any amount will be accepted for the Marshall Endowment Fund.

We also have a general IMSA Endowment Fund which will accept contributions in any amount. The earnings generated by the Endowment Fund shall be reinvested until the princial of the Endowment Fund reaches $5,000,000 at calendar year-end. Once the Endowment Fund attains this goal, an annual spending draw will be calculated for each individual Endowment Fund for the following fiscal year.

Beginning in the fall of 2009, the IMSA Fund will distribute a portion of the annual unrestricted contributions to the IMSA Endowment Fund. At the end of each fiscal year (July 1 – June 30) the IMSA Fund Board of Directors will decide the percentage of unrestricted dollars to invest in the endowment. This amount could be as much as 10% of the total contributed. We also accept contributions directly to the endowment, allow for restricted endowments beginning at the $250,000 level, and continue to accept contributions to the Stephanie Pace Marshall Endowment To Ignite Innovation Fund.

Conditional and Restricted Donations

The IMSA Fund will accept "conditional" contributions of $5,000 or greater provided IMSA wants the contribution and IMSA and the IMSA Fund find the conditions to be acceptable. The Fund will not accept conditional contributions of less than $5,000.

The Fund will accept "restricted" contributions of any amount to existing accounts for a specific IMSA program or purpose. The Fund will accept restricted contributions of $500 or more to establish a new account for a  specific IMSA program or purpose to the Academy, provided IMSA wants the contribution. The Fund will not accept a restricted contribution of less than $500 to establish a new account.

For more information on the IMSA Fund’s endowment program or restricted contributions, contact giving@imsa.edu or (630) 907-5040.