O God, who through the love and labor of many, has built upon this Mountain a goodly heritage
From the St. Andrew's-Sewanee School prayer
Thank You for Supporting St. Andrew’s-Sewanee School!
Independent education plays a distinctive role in the educational community, guiding our young people as they strive to reach their highest potential.
Like most independent schools, SAS relies on charitable contributions and endowment income to enhance the educational experience, fulfill our mission to provide a top-flight college preparatory program, and maintain flexibility in the operating budget. All donations to SAS are welcome, appreciated, and tax-deductible.
Since its founding, St. Andrew’s-Sewanee School has operated as a not-for-profit charitable organization. Now incorporated under federal and state laws as a 501c (3) tax exempt organization, SAS School receives no federal or state government funding.
A variety of methods are available to support St. Andrew’s-Sewanee School. In addition to the benefits the school receives from your gift, your generosity may also generate income tax savings for you. St. Andrew’s-Sewanee School is a charitable organization described in 501(c)(3) of the Internal Revenue Code, and contributions to the school are deductible for federal income tax purposes. Please consult with your tax advisor for further information about the tax benefits of charitable giving.
- Cash Gifts
- Gifts of Securities
- Gifts of Tangible Personal Property
- Matching Gifts
- Planned Gifts
- Real Estate Gifts
An outright gift of appreciated securities, which have been held for more than one year, may entitle the donor to an income tax deduction at the fair market value of the securities at the time of the gift, and may enable the donor to avoid a capital gains tax as well. SAS sells securities gifts upon receipt per Board policy.
INSTRUCTIONS FOR GIVING STOCK TO SAS
If the stock is in a brokerage or bank trust account:
Instruct your stock broker/banker by telephone and follow up with a letter to have the stock electronically transferred to the St. Andrew’s-Sewanee School account. Our brokers' contact information is as follows:
C/O John Goodson, 1791 Bypass Rd, PO Box 219, Winchester TN 37398
Account Number: 19003273
DTC (Depository Trust Co.) #0725
SAS’s Federal Tax ID# 62-0475694
Please contact the SAS Advancement Office at 931.463.3223 advising us of your gift.
A donor may contribute tangible, personal property such as paintings, antiques, silver, jewelry, etc., subject to the Trustees' acceptance. The income tax deduction available to the donor is subject to the type of property contributed and the school's use of the property. It is the responsibility of the donor and his/her tax advisor to assign a value to this gift for tax purposes. It is important to contact the Advancement Office prior to delivering any gift of tangible personal property to the school.
St. Andrew’s-Sewanee School also welcomes gifts with a deferred benefit such as remainder trusts, gifts of life insurance, or bequests in wills. Please contact Director of Advancement Lesley Cole for more information.
A donor may contribute a residence, commercial buildings, or developed or undeveloped real property. A remainder interest in a residence may also be donated provided that the value is significantly in excess of the mortgage. The Board of Trustees must approve that the real estate is immediately salable and that temporary ownership will not create the risk of imposing a liability under federal or state laws. If property has previously been held for more than one year, generally the donor may be entitled to an income tax deduction for the value of the property (or the remainder), and the donor will not incur a capital gains tax.
The Compass Society
Was your time on the Mountain an experience that continues to resonate with you and contributes to your “true north”? If so, becoming a member of the Compass Society is an easy and profound way to support SAS. The Alumni Council created the Compass Society to pay tribute to the lasting impact of the Mountain and the sense of place it fosters. Representing the 360 degrees of a compass, a monthly gift of $30 or more establishes your society membership and provides on-going support of SAS and its mission through the annual fund.
Cornerstone Society: $20,000+
Founders' Society: $10,000-$19,999
Benefactor's Society: $5,000-$9,999
Trustees' Society: $2,500-$4,999
Head of School Society: $1,000-$2,499
Sewanee Society: $500-$999
Legacy Society: $250-$499
Blue & Gold Society: up to $249
Compass Society: Minimum $30 monthly