There are many ways you can support our school, and all are meaningful and appreciated.
We encourage all of our donors to consider maximizing their donation by making a pledged gift. A pledge can we paid over a period of time and allows donors more flexibility to make their generous commitment. To make a pledge, please email our Development Office (link sends e-mail) or call 410-263-8650.
Cash gifts have an immediate impact and offer the donor a tax charitable deduction. All checks can we made out to St. Anne’s School of Annapolis and can be mailed to:
St. Anne’s School of Annapolis
3112 Arundel on the Bay Road
Annapolis, MD 21403
Donors can make a gift with a credit card on our Give Now! page or over the phone. Call 410.263.8650 and ask to be connected to our Development Office.
While every family's tax and personal situations are unique, we want to provide a simple example to illustrate the power of donating appreciated securities for a family in a high tax bracket.
Let's assume a $10,000 donation of stock that had appreciated by 100% (i.e. original investment was $5,000) from a family with a marginal tax rate of 40% (would be higher if you include state tax but using 40% for simplicity).
While the school receives the full $10,000 donation, the after-tax cost for the family is much lower especially if you consider what their after-tax proceeds would have been if they simply sold the security.
In this case, the family will receive a tax refund worth 40% of the $10,000 or $4,000. As a result, their simple after-tax cost would be $6,000.
Further consider that to realize that investment, the family will ultimately have to pay tax on the embedded gain if this is a security they will ultimately sell.
Assuming a 25% tax rate (LT capital gain) on the $5,000 gain would have resulted in a $1,250 capital gains tax, reducing the $10,000 to $8,750 on an after-tax basis.
As a result, the net after-tax cost to the family from donating $10,000 was actually $8,750-$4,000 (refund) or $4,750 when considering the tax on the embedded gain (that will have to be paid if the security is ever sold) resulting in a compelling ratio of >2:1x (you give 1 after-tax and the school gets 2).
The most extreme example (less common but very plausible) would be a security with a near zero basis (e.g. certain stock options (ISOs) result in this tax treatment), where selling would incur a short-term gain (~40% tax rate). In this scenario, a $10,000 donation would effectively cost the family (using same logic above) $2,000 for an incredible 5:1x ratio.
Everyone's situation is different but the important takeaway away is that donating securities that have significantly appreciated (particularly if you are in a high tax bracket and are likely to sell the security at some point) is an extremely effective and impactful way to donate to St. Anne's School.
The annual fund is a critical component of the operating budget of the school.
If you are in the position to do so, we ask that you consider a meaningful gift to the St. Anne's annual fund as you go through your end of year tax planning. In many cases, using appreciated securities instead of cash can significantly amplify your gift on an after-tax basis.
Please contact Lydia Leftwich at UBS at lydia.leftwich@ubs.com (link sends e-mail) or 202.585.4032 to transfer gifts of stock, and notify the Development Office.
A bequest is a gift that comes to St. Anne's School after your lifetime. Through a bequest, you can give a specific sum of money, a percentage of your total estate, or a percentage of the remainder of your estate after all other bequests are satisfied. Your gift also entitles you to unlimited federal tax charitable deductions.
A charitable gift annuity is a simple contract between you and St. Anne's School where you agree to make a gift and we, in return, agree to pay you a fixed amount each year for the rest of your life.
A charitable remainder trust is when you transfer assets to a trust and receive either a fixed income or an income based on the annual valuation of the trust. The trust can be established for a certain number of years or for your lifetime. At the end of the trust, the assets are transferred to St. Anne's School.
Similar to a charitable remainder trust, a charitable lead trust is directed to St. Anne's School for a term determined by you. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining assets go to you, your family, or other beneficiaries you select.
Non-monetary gifts, such as books for the library, services and equipment, as well as items and services for our Annual Auction & Gala, are welcome and appreciated.
Many corporations offer a matching gift program for their employees' contributions to non-profit organizations such as St. Anne's School. You may contact your company's personnel or Human Resources office to obtain matching gift procedures and forms. Please enclose those forms when sending your gift to the school. You will be credited for the amount of your donation plus the amount of the match.
Planning Your Commitments
There are many giving initiatives throughout the year, and while each one is essential to supporting the School, it is important for our constituents to understand our goals and how their gifts will make a difference.
You can also support the Equity in Education Scholarship (EES), a need-based scholarship that gives underrepresented minorities an opportunity that they otherwise would not have to attend St. Anne’s School. Learn more about the EES here >>