Tax-Smart Giving

These giving options can provide greater tax benefits than cash donations and are a wonderful way to maximize your support for SJA while benefitting from potential tax advantages.

 

You can help ensure that the Academy continues to be an beacon of excellence and opportunity for every student who walks through our doors. Thank you for your interest in supporting St. Johnsbury Academy.

 

Stocks and Other Appreciated Securities

By transferring a gift of appreciated securities (i.e. stocks, bonds, and mutual funds) directly to St. Johnsbury Academy, you can:

 

  • Bypass capital gains taxes

  • Receive a charitable deduction for the market value of the security, increasing tax savings if you itemize your deductions; 

  • Ensure SJA can use the full value of your stock which magnifies your impact on our students and school community.

 

It’s easy to make a gift of appreciated securities to the Academy. Please contact Director of Development
Brynn Reynolds Evans ’98 for transfer instructions at brynn.evans@stjacademy.org or (802) 751-2129. 

 

Donor Advised Funds

Do you have a donor advised fund (DAF)? You can easily recommend a grant from your DAF to St. Johnsbury Academy. Just provide the sponsoring organization of your fund with the following information. This will enable to them to complete the transaction and distribute the funds directly to us. 

 

Information for a Donor Advised Fund Grant: 

 

  • Legal Name: St. Johnsbury Academy
  • SJA Federal Tax ID: 03-0181215
  • Mailing Address:
    Office of Alumni and Development
    St. Johnsbury Academy
    PO Box 906
    St. Johnsbury, VT 05819
  • Where you would like your gift allocated and description of the purpose: i.e. unrestricted or restricted, SJA Fund for annual support, endowment, or special project, if in memory or honor of someone, etc.
  • Include the desired amount to be granted. 

 

If you or your DAF’s sponsoring organization have questions, please contact us at brynn.evans@stjacademy.org or (802) 751-2129. 

 

Individual Retirement Account (IRA) – Qualified Charitable Distribution 

If you are an IRA owner 70 ½ years or older, this a simple, tax-free way to immediately support the St. Johnsbury Academy students and programs you care about. Transfer any amount, up to $108,000 annually (adjusted for inflation each year), from your IRA directly to St. Johnsbury Academy and pay no taxes on that gift. The transfer may count as part of your required minimum distribution.

 

There are two easy steps to make your IRA Qualified Charitable Distribution (QCD) to SJA:

  1. Direct your account administrator to make a qualified charitable distribution from an IRA to St. Johnsbury Academy. Download our sample form to provide the right language to your administrator.

  2. Contact us today at brynn.evans@stjacademy.org or (802) 751-2129 to inform us of your gift. Our team is available to work with you and your financial advisors.

 
Important rules to remember:

  • You must be 70 ½ years of age or older at the time of your gift. For individuals who have a required minimum distribution (73 years or older), this transfer may count as part of that requirement.

  • The transfer must be made from your IRA directly to St. Johnsbury Academy.

  • Your total annual IRA Qualified Charitable Distribution gift(s) cannot exceed $108,000 in 2025. This is a per person, annual limit, and will be adjusted for inflation in 2026. 

  • In 2025, you can make a one-time $54,000 QCD to a charitable remainder unitrust, charitable remainder annuity trust, or charitable gift annuity.

  • Generally, Roth IRAs are not suitable for QCDs and other qualified retirement plans—401(k)s, 403(b)s, etc.—are not eligible.

  • We must receive your gift by Dec. 31 for your donation to qualify this year. If you have check-writing features on your IRA, please be aware that your check must clear your account by Dec. 31 to count toward your required minimum distribution for the calendar year.

 

To learn more about any of these tax-smart giving options, please contact Director of Development Brynn Reynolds Evans ’98 at brynn.evans@stjacademy.org or (802) 751-2129. Learn more about other ways to give here. 


This information is provided with the understanding that neither St. Johnsbury Academy nor the authors are providing legal, accounting, or other professional advice or counsel. Please consult your personal counsel about the financial, tax and legal implications of any gift.

 

Make a gift today for A Lucky Day for SJA! 

Graphic stating A Lucky Day for SJA, March 17 Giving Day

Every gift is important and needed. Thank you for your generosity.