TAKE STOCK OF A DOUBLE TAX BENEFIT.
Gifting appreciated stock directly to St. Andrew’s will provide you with a double tax benefit.
A GIFT FOR ST. ANDREW’S A TAX BREAK FOR YOU A 2025 year-end gift to St. Andrew’s Making the Way campaign or Annual Fund not only helps St. Andrew’s, but can offer significant tax benefits for you. THE BENEFITS OF GIVING IN 2025 CONSIDER ACCELERATING CHARITABLE GIFTS IN 2025 FOR GREATER SAVINGS
Recent tax law changes make giving in 2025 more advantageous than waiting until 2026.
You will not only receive a charitable deduction for the amount of your gift, you’ll also remove unrealized capital gains – a tax liability when realized – from your balance sheet. THE POWER OF APPRECIATED STOCK GIFTS • Charitable deduction • Can gift appreciated assets (e.g. stock) for additional tax benefit $37,000
$21,420 $37,000
$63,000
$41,580
WHAT’S CHANGING? ●• Beginning January 1, 2026, the maximum deduction for gifting will be 35 cents on every dollar – down from 37 cents on every dollar gifted through the end of 2025. • Beginning January 1, 2026, the amount of charitable gifts up to the first 0.5% of your adjusted gross income (AGI) will no longer be deductible.
Cash
Benefit of Embedded Tax Avoided* Benefit of Deduction Effective Cost of Donation
10% Basis Stock
*Assumes federal long-term capital gains rate of 23.8% †Deduction limited to 60% of AGI in year of gift for cash or 30% of AGI in year of gift of appreciated publicly traded stock. Benefit of deduction assumes full use of deduction against income otherwise taxed at 37.0% tax rate. Gift is to a public charity. Source: AllianceBernstein
FRONTLOADING MAY RESULT IN GREATER TAX SAVINGS Total Tax Benefit
$348,500
$370,000
Give $100,000 for 10 Years
Give $1.0 Million in 2025
POTENTIAL BENEFIT OF FRONTLOADING: $21,500
*Total tax benefit assumes that available charitable income tax deductions are used to offset ordinary income at a rate of 37% in 2025 and 35% thereafter. Beginning in 2026, deductions are available only for contributions in excess of 0.5% of AGI ($10,000, in this example). Source: AllianceBernstein The information provided is not tax advice. Please work closely with your trusted advisor or tax professional to determine the best path forward for your specific situation.
YEAR-END GIVING STRATEGIES FOR ST. ANDREW’S DONORS
WRITE A CHECK TO ST. ANDREW’S INSTEAD OF THE MISSISSIPPI DEPARTMENT OF REVENUE
Make your gift before December 31, 2025 to count for this tax year.
The Mississippi Children’s Promise Act provides a dollar-for-dollar tax credit to businesses that give to a qualified Educational Services Charitable Organization (ESCO). St. Andrew’s Episcopal School is a qualified ESCO.
• If you’re near the threshold for itemizing deductions, consider “bunching” two to three years’ worth of giving into 2025 to exceed the standard deduction. You can always revert to smaller giving or other vehicles in subsequent years. • Consider leaving a lasting legacy through a planned gift. A planned gift is a charitable contribution made as part of your financial or estate plan, typically through a will, life insurance policy, or trust. In addition to offering tax benefits, a planned gift may allow you to leave a more substantial gift than might be possible from your regular income. • Many corporations and foundations offer matching gift programs that may allow you to double or even triple the amount of your contribution. Matching gift forms are typically available from company human resource offices.
Businesses must apply for the credit online and specify St. Andrew’s as the ESCO they wish to support. There is a statewide cap on the maximum for the program, as well as a cap on the total amount an ESCO can receive. Program allocations are on a first-come, first-served basis.
• Applications for the credit must be made on the official Mississippi Department of Revenue website. • Caps are met quickly, so plan to apply on January 2, 2026. • Scan the QR Code for instructions and a direct link to the MSDOR website. • For additional information, contact your tax professional, or Jasmine Johnson, St. Andrew’s Controller at johnsonja@gosaints.org.
MORE TAX-WISE WAYS TO GIVE GIVE “OFF YOUR BALANCE SHEET” WITH A DONOR-ADVISED FUND (DAF)
You can contribute to a DAF by December 31, 2025, claim the deduction in the 2025 tax year, and then direct grants to St. Andrew’s over time. This is an excellent way to make a meaningful impact while giving “off your balance sheet.” MINIMIZE ESTATE TAX EXPOSURE
Many families who aspire to generational wealth are revisiting wealth transfer strategies. Even after making substantial lifetime gifts to family, some still face estate tax exposure. You can bridge that gap and leave a lasting legacy at St. Andrew’s by incorporating charitable bequests or testamentary charitable lead trusts benefiting the school in your plans. • Donors can make a Qualified Charitable Distribution of up to $108K (infl. adj.) from their IRA towards their Required Minimum Distribution - and avoid taxes on that distribution.
FOR MORE INFORMATION OR TO MAKE A CAMPAIGN GIFT OR PLEDGE, CONTACT STEPHANIE GARRIGA Associate Head of School for Advancement and Community Relations garrigas@gosaints.org 601.853.6029
DONATE TO MAKING THE WAY
DONATE TO THE ANNUAL FUND
Or call the Office of Institutional Advancement, 601.853.6024
“IN THIS SEASON OF GIVING, I hope you’ll join me in considering a gift to St. Andrew’s. We are fortunate to be a part of this special community, in which each of us contributes to making St. Andrew’s the school of choice for our children and families. This is a wonderful time to give back to the school that has given so much to all of us – please consider helping us reach even greater heights as we build our future together.” JAMIE MALLINSON ’04, PRINCIPAL AND WEALTH ADVISOR, BERNSTEIN PRIVATE WEALTH MANAGEMENT, MAKING THE WAY CAMPAIGN CABINET