Ways to Give
We are grateful for your interest in supporting St. Bernard Academy through a financial contribution. To continue our mission and leave a legacy for the next 150 years, we need everyone’s continued support.
Our Advancement staff is pleased to work with you in structuring gift opportunities that ensure your philanthropic goals are met while best supporting the needs of the school. St. Bernard Academy is a 501(c)(3) organization and as such contributions to the school are tax deductible upon compliance with the Internal Revenue Code. If you would like to speak with a member of the Advancement team regarding your gift, please contact us via email or phone at (615) 385-0440.
How do i give to sba?
There are easy ways to donate today:
It is easy and secure! Make a gift with your VISA or MasterCard by clicking here. Gifts by American Express can be made my phone.
Call SBA at 615.385.0440
to donate over the phone.
Many companies offer programs that match gifts made by their employees. If your company has a matching program, please ask your HR department for a matching gift form and then contact us at 615.385.0440.
Monthly giving is an easy way to spread your gift over a year. Consider a gift of $25, $50 or $100 per month.
MAIL YOUR DONATION TO:
SBA Advancement Office
2304 Bernard Avenue
Nashville, TN 37212
Make a gift of stock by calling the Advancement Office at 615.385.0440.
Not ready to give? Make a pledge! Many people find that they can make a larger gift by spreading their payments over a number of months. The Annual Fund year begins on July 1 and ends on June 30.
other ways to give
In-Kind Donations and Gifts of Service
A gift in-kind represents something you currently own and would like to donate to SBA. It can include both small and large items. Examples of an in-kind gift might include a book that you would like to donate to the library; providing trophies for a sports team or meals for a faculty gathering; donating electronics to the school; or making a gift of a family-owned painting or book. The IRS requires that the donor estimate the value of the gift. SBA will process the gift based on the value provided by the donor.
Planned gifts enable St. Bernard Academy to plan its programs, activities, curriculum and physical plant into the future while keeping tuition as low as reasonably possible. Planned gifts allow you to make a statement of support that will become your lasting legacy.
- What are planned gifts?
- Why make a planned gift?
- What are some examples of planned giving?
- How Do I Make a Planned Gift to SBA?
Planned gifts include provisions for St. Bernard Academy in wills and life insurance policies and other types of gifts which allow donors to retain the use of, or income from, their gifts for a specified time, usually the donor's lifetime. These planned gifts may also provide you and your heirs with significant income tax and/or estate tax deductions. We appreciate all alumni, parents, and friends who care about St. Bernard Academy to do something tangible to secure our school's future.
Tuition cost is the most difficult decision our Board and Administration makes each year. Significant effort is made to provide the opportunity of an independent Catholic education to all of our families. As a result, tuition dollars covers 87% of the school’s operating budget. The Annual Fund is one of the ways we make up the difference and pay for the “extras” like field trips, special guests, and professional development for our faculty. The Annual Fund is about our entire community joining together to preserve the St. Bernard Academy tradition for both today’s and tomorrow’s students.
A bequest is a gift to St. Bernard Academy by will. This is a simple and popular method for remembering the school in perpetuity. You may specify that St. Bernard Academy is to receive a certain dollar amount, a specific percentage of the estate, or a certain asset. If you already have a valid, up-to-date will, your attorney can add SBA as a beneficiary through a simple amendment to your will called a codicil. Bequests of all sizes are encouraged. Please use the following wording when naming St. Bernard in your will: “…for the exclusive use of St. Bernard Academy.”
Charitable Gift Annuity
A charitable gift annuity provides you with fixed income for life in exchange for your charitable gift to St. Bernard. If you are at least 40 years of age, a gift of $5,000 or more in cash, stock, or other liquid assets can be used to fund a gift annuity. The rates of return from St. Bernard’s charitable gift annuity are generally higher than those available from CD’s and passbook savings accounts depending upon your age at the time of your gift. The older you are, the higher the rate of return. Your income payments are distributed to you on a quarterly or other periodic basis. You can start receiving the income immediately or defer it until you retire. Through a charitable gift annuity you can: (1) receive fixed, regular payments; (2) increase your income; (3) take an immediate tax deduction; (4) save taxes on future income; and (5) avoid some capital gains taxes.
Charitable Lead Trust
The charitable lead trust is a good vehicle for providing income to St. Bernard for a set number of years, with the assets in the trust ultimately passing on to your children or grandchildren. Primarily created by those in the higher estate tax brackets, the trust can pass its assets on to younger generations with little or no estate or gift tax payable.
Charitable Remainder Trust
The “unitrust” and “annuity trust” generally work like this: you and your attorney create an irrevocable trust agreement, naming a bank to serve as trustee. You transfer cash, securities, or other property (generally valued at $100,000 or more) to the trustee. The trustee pays income to you and/or your other designated beneficiaries for life. Thereafter, the trust is distributed to St. Bernard for the particular purpose you originally specified. The income and estate tax advantages can be significant, and may include the avoidance of capital gains taxes. This trust is an especially good vehicle for those who own stock with a low cost basis.
Life insurance is another way to make a planned gift to St. Bernard. You can purchase a new life insurance policy or contribute all or part of a current policy which you currently own, but no longer need. When St. Bernard Academy is named as the owner and beneficiary of a policy your annual premium payments will be tax deductible. If you give an existing policy, you are generally able to deduct an amount approximately equal to the current cash value of the policy. The bottom line is that for a few hundred dollars of premiums a year, you can provide for a $25,000, $50,000 or $100,000 future endowment for St. Bernard.
All you need to do is inform the Advancement Office in writing that you have named St. Bernard Academy as a beneficiary in your financial or estate plans. Gifts of all types and sizes, large and small, are encouraged.
Those members who have given their permission for us to list their names will be recognized in the St. Bernard Annual Report, thereby allowing other members of the St. Bernard community to acknowledge their support and perhaps to encourage others to follow.
We ask you to share our desires for St. Bernard Academy by making a planned gift to the school. Like other financial decisions, a planned gift must be chosen and shaped with care. St. Bernard welcomes the opportunity to discuss ways to include the school in your financial and estate plans. Call the SBA Advancement Office, 615-385-0440 ext. 220, for additional information.
Our Advancement Office is happy to help with any questions you might have!
Please feel free to contact our Director of Development, Brittani Spencer, via email or phone at (615) 385-0440.
give to sba today
Our generous supporters don’t just give to SBA—they invest in our mission, our ideas and our faculty whom they believe in. Each and every gift to SBA makes an immediate impact.
DIRECTOR OF DEVELOPMENT