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An endowment gift to St. Paul Academy and Summit School today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at SPA. The remaining funds are reinvested to ensure indefinite support.
Longtime St. Paul Academy and Summit School supporters Charlie and Susan have two goals: First, they want to make sure SPA continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $100,000 donation to SPA, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.
Legal name: St. Paul Academy and Summit School
Address: St. Paul, Minnesota
Federal tax ID number: 41-0943433
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