Planned Giving

Why Saint Augustine Academy is Different

Classical education is learning that requires a student to interpret what is presented to them and translate this into their own opinion or concept and express it in their own words through the use of facts, logic and rhetoric. Whereas,  most “modern” education consists of passively receiving facts and opinions with the goal of regurgitating this back to the teacher or to pass a mandated standardized test.

A Word About Planned Giving 

This planned giving guide was created with the intent to assist the wonderful people like yourself that support the many charities that do wonderful things.

The guide is intended to make it easier to understand some of the more popular ways to plan a gift and provide some guidance.  However, it is important that this is educational in nature and that you need to consult your attorney and or Tax Advisor for the fine print of planned giving.   That said we welcome any conversations and would be willing to assist or refer professionals to give you the answers you need.

 How to do a bequest to charity

The language to establish a charitable gift through a bequest in a will or trust is not complicated.

Below are examples of how you can include a general or unrestricted gift to Saint Augustine Academy in your will or trust.

To use this for a different charity you would edit to show the legal name of the charity you are giving to and their physical address. You do not need the Tax ID and can delete it.


How to bequest of a specific dollar amount

“I give, devise, and bequeath $_____ to Saint Augustine Academy, Inc. Federal Tax ID # 73-0379150. Saint Augustine Academy may be contacted by mail at 130 South Wells Road  Ventura, CA 93004 or by telephone at 805-672-0411.”

How to bequest a fraction or percentage of the remainder of an estate

“I give, devise, and bequeath to Saint Augustine Academy,  Inc. Federal Tax ID # 73-0379150, all [or state the fraction or percentage] of the rest, residue, and remainder of my estate, both real and personal. T Saint Augustine Academy may be contacted by mail at 130 South Wells Road  Ventura, CA 93004 or by telephone at 805-672-0411.”

How to Donate Stock to a Charity like St. Augustine Academy

Benefits of donating appreciated stock held for more than 12 months:

  • Donor does not have to pay the 15% capital gains tax on the appreciated stock.
  • Donor can claim a deduction for the full amount of the market value of donated stock.
  • Donor would pay less taxes donating stock than if they donated the same amount in cash.

What is a Charitable Gift Annuity

It is a contract (annuity) in which a charity, in return for a transfer of cash, stock or other property, agrees to pay a fixed sum of money for the remainder of either one beneficiary or two beneficiaries lives.

12 Ways a Charitable Gift Annuity May Benefit You

  • Provides an appealing alternative to CDs
  • Guarantees Income
  • Provides partly tax-free income
  • Lowers income tax
  • Reduces capital gain tax
  • Supplements retirement income
  • Possibly saves tax on Social Security benefits
  • Creates estate-tax savings
  • Allows you to provide income to others
  • Creates savings for nontaxable estates
  • Avoids management responsibilities
  • Supports a favorite charity

What is the Next Step or Have Questions?

While the above information is basic it should give you a good idea of what a charitable gift annuity is and how it can benefit both you and St. Augustine’s.

Please contact the school to request a proposal with effective rates.  805-672-0411