The Legacy Society & Planned Giving at SJA
St. James Academy was originally founded in 1821. Although the school was closed in the latter 19th century (re-established in 1957), the spirit of the Academy has grown throughout the decades with the support and dedication of generations of family and friends. Planned gifts will help ensure continued excellence at St. James Academy for the children entrusted to our care today and tomorrow.
Planned gifts to St. James Academy will build endowment, thus providing funding for the future. Endowment
income can help relieve pressure on the annual budgeting process, help attract and retain the best teachers and administrators, help sustain the economic diversity of our student body, and enrich our educational program.
The Legacy Society is a way for St. James Academy to recognize those who participate in the Academy’s planned giving program. Members of The Legacy Society have contributed in a number of ways-through bequests, trusts, gifts of life insurance, as well as a variety of life income arrangements.
The Legacy Society invites you to help St. James Academy Plant the Seeds…Review our planned giving opportunities. All will enable you to make a contribution to this community, valuable today and essential tomorrow. Through your thoughtful consideration and generosity, your action can forever nurture St. James Academy.
A planned gift to St. James Academy can bring substantial benefits to you and to St. James Academy.
A planned gift is any charitable gift, current or deferred, which is planned, usually with professional advice, to optimize a donor’s financial, tax, and estate plans, while helping to secure the long-term financial security of one or more charitable institutions. A planned gift usually involves immediate benefits to the donor and deferred benefits to the charity.
Some advantages to you include:
- Planned gifts can generate a stream of income to you, or other beneficiaries you name, for life or a term of years.
- You can convert low-yielding assets into a higher income stream.
- You can obtain significant income tax deductions.
- You can reduce or eliminate capital gains and estate taxes.
The advantage to St. James Academy is that a planned gift helps to build endowment, thus providing the resources to assure excellence for the future!