Ways to Give

Check/Cash/Credit Card

Checks are the simplest donation and provide immediate benefits. Your gift can be made outright or fund many life income arrangements. Gifts of cash include currency, personal checks, money orders, credit cards and wire transfers. Checks should be made payable to St. Andrew School and should be mailed to:

PO Box 231, Helena MT 59624

Gifts of Appreciated Assets (Stocks/Bonds/Mutual Funds)

One of the simplest gifts is to use Appreciated Assets, often low-yield and in a well-timed manner, to make either outright gifts to the parish campaign account or to fund a charitable life income plan like a charitable remainder trust. If the donor uses an appreciated capital asset held at least one year to fund a charitable plan, any charitable deduction will be based on that asset’s full fair market value.

The potential sale of appreciated assets can be the “triggering event” that causes individuals to seriously consider a charitable arrangement.

There may be significant advantages in these plans: both capital gains and income tax savings, higher returns from investing a balance undiminished by taxes and tax-deferred diversification. Please contact your advisor for more information.

Stocks and Securities – Please contact our finance office to initiate the donation with our stock brokerage account.

Bequests Under Wills

Most planned gifts are made with the simplest form of gift: a bequest under your will. Your attorney can prepare the necessary document (this also may be done through a beneficiary designation on bank or investment accounts).

Use of Retirement Plan Assets

For many friends of the school their IRA or other qualified retirement plan represents a major family asset. Federal income tax law changes now allow IRA owners age 70½ or older to take an annual tax-free distribution of up to $100,000 and donate it to charity. To make such a gift, it is important not to withdraw funds prior to making a gift. Instead, funds should be distributed directly from an IRA to St. Andrew School.

In order to make a qualified gift on an IRA to the capital campaign, the following conditions must be met:

The donor must be at least 70 ½ years of age;

The gift must come from an IRA (not a TSA or 401(k));

The gift is a direct transfer to St. Andrew School and not a disbursement to the donor; and

There is a $100,000 aggregate limit for all direct IRA transfers to charity.

Real Estate

Gifts of real estate will be handled on a case-by-case basis. If you would like St. Andrew School to consider a gift of real estate, please contact Doug Tooke, Head of School on 406-449-3201.

(It is the responsibility of the donor to consult with a tax advisor or attorney to determine tax deductibility. A tax substantiation letter will be provided.)