Planned Giving

You Can Help Secure Our Traditions Far Into The Future:

Planned giving provides you with an opportunity to give to the future of the Academy—a place that may have shaped your life through its strong traditions of leadership and discipline—while also benefiting yourself and your loved ones. You can arrange a plan that allows you to give today or after your lifetime and offers you financial and tax benefits. Here you will find the tools you need to get your plan started.

Wills & Living Trusts

Interested in helping Saint Thomas Academy with our mission but feel overwhelmed by the thought of writing another check or giving up your assets today? A simple, flexible and versatile way to ensure we can continue our work for years to come is a gift in your will or living trust, known as a charitable bequest.

By including a bequest to the Academy in your will or living trust, you are ensuring that we can continue our mission for years to come.

Beneficiary Designations

Passionate about supporting Saint Thomas Academy with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name the Academy as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.

Not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.

Gifts That Provide Income:

Charitable Gift Annuities
Charitable Remainder Trusts

Charitable Gift Annuities

When you are looking for ways to help Saint Thomas Academy with our mission, you shouldn't feel like you are choosing between your philanthropic goals and financial security. One gift that allows you to support the Academy's work while receiving fixed payments for life is a charitable gift annuity.

Not only does this gift provide you with regular payments and allow us to further our work, but when you create a charitable gift annuity with the Academy you can receive a variety of tax benefits, including a federal income tax charitable deduction when you itemize.

Charitable Remainder Trusts

Looking for a way to give the Academy a significant gift? If you have built up a sizeable estate and are also looking for ways to receive reliable payments, you may want to check out the advantages of setting up a charitable remainder trust.

Benefits of a charitable remainder trust include:

Potential for a partial charitable income tax deduction
Potential for increased income
Up-front capital gains tax avoidance

There are two ways to receive payments with charitable remainder trusts:

The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.

The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.

More Ways To Give:

Charitable Lead Trusts

Do you want to benefit from the tax savings that result from supporting the Academy, yet you don't want to give up any assets that you'd like your family to receive someday? You can have it both ways with a charitable lead trust.

There are two ways charitable lead trusts make payments:
A charitable lead annuity trust pays a fixed amount each year to the Academy and is more attractive when interest rates are low.

A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to the Academy go up as well.

Real Estate

Want to make a big gift to Saint Thomas Academy without touching your bank account? Consider giving us real estate. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give us appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction. You avoid paying capital gains tax. And you no longer have to deal with that property's maintenance costs, property taxes or insurance.

Another benefit: You don't have to hassle with selling the real estate. You can deed the property directly to the Academy or ask your attorney to add a few sentences in your will or trust agreement.

Memorials and Tributes

If you have a loved one who has been impacted by Saint Thomas Academy, establishing a memorial or tribute gift is a meaningful way to honor your loved one or celebrate a special occasion such as a birthday while supporting the work of our mission. Your memorial or tribute gift will be a lasting tribute to your loved one and make a difference in the lives of those we serve.

Endowed Gifts

An endowment gift to Saint Thomas Academy today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.

Here's how it works: Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Saint Thomas Academy. The remaining funds are reinvested to ensure indefinite support.

Donor Advised Funds

Are you looking for an easy, cost-effective way to support Saint Thomas Academy and other causes you love? A donor advised fund, which is like a charitable savings account, may be the right choice for you.

Here's how it works: You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted to the Academy or other charities—sometimes as easily as using a Web portal. And you avoid the cost and complexities of managing a private foundation.

You qualify for a federal income tax charitable deduction at the time you contribute to the account, and the power to make recommendations on which charities to support whenever you want. You centralize your giving and record-keeping in one location. And maybe best of all, you can start a legacy of giving by letting your children help decide which grants to recommend.

Director of Institutional Advancement

David Hottinger '85
651-683-1594 and
dhottinger@cadets.com

NEXT STEPS:

Seek the advice of your financial or legal advisor to make sure this gift fits your goals.
If you include Saint Thomas Academy in your plans, please use our legal name and federal tax ID.

Legal Name: Saint Thomas Academy
Address: 949 Mendota Heights Road, Mendota Heights, Minnesota 55120
Federal Tax ID Number: 41-6045110

Note: The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

Current Families

Prospective Families

Community