Ways to Give to VA

List of 6 items.

  • Check

    If you would like to send a gift by mail, please send to:
    Vermont Academy 
    Advancement Office
    PO Box 500 
    Saxtons River, VT 05154

    Checks should be made payable to Vermont Academy.
  • Credit Cards

    Make your credit gift through our secure portal.

     
  • Gifts of Stock or Securities

    Instructions for Transferring Stock 

    If Securities are held in brokerage account in Donor's name or in street name, please notify your broker, in writing, of your intention to make an immediate charitable gift of shares of stock to Vermont Academy, Saxtons River, Vermont.

    Instruct your broker to either: 
    1) Transfer the securities electronically, to Vermont Academy's account c/o RBC Correspondent Services, DTC # 0235, Account 7T709201, FBO Vermont Academy. 

    IMPORTANT: Please call our broker, Mark Candon at Moors & Cabot (800-618-7331), or Liz Olmsted, Associate Director of Advancement Operations and Stewardship, (802-869-6260, eolmsted@vermontacademy.org), to inform us of your gift. We are unable to trace counterparty deliveries. 

    OR 

    2) Open a temporary account in the name of Vermont Academy, transfer the shares from the Donor's personal account into this account, and send appropriate acknowledgment to the Donor(s) and Vermont Academy. We can elect to sell or take transfer of these shares. 

    NOTE REGARDING DATE OF GIFT: the date that the securities are transferred by the broker, electronically into Vermont Academy's account, or into a temporary account for Vermont Academy. 

    If securities are in physical form, held by and registered in the name of the Donor(s), the Donor(s) should hand deliver or mail (registered mail, return receipt requested) to Vermont Academy at the address listed below in two separate envelopes: 

    1) Stock certificate(s), accompanied by a letter indicating your intention to donate the shares of stock. 2) Blank stock power(s) -- signed on signature line only -- with signature guarantee for each company. 

    NOTE REGARDING DATE OF GIFT: The postmark on the envelope in which the stock power(s) was mailed to Vermont Academy, or the date of hand delivery to Vermont Academy. 

    Vermont Academy's Tax ID number is 03-0179600. 

    Our address: Vermont Academy 
    Advancement Office 
    PO Box 500 
    Saxtons River, VT 05154-0500 
    Fax: 802-869-2215 


  • IRA Distributions

    The minimum age for making a qualified charitable distribution (QCD) from your IRA is 70½, and the annual limit is $100,000. This is an excellent way to show your support for Vermont Academy and receive tax benefits in return. As you plan your required minimum distributions, consider using your IRA account to make the most of your charitable giving. You receive a tax benefit even if you take the standard deduction!

    To qualify, you must be 70½ or older at the time of gift; distributions must be made directly from a traditional IRA account by your IRA administrator; and gifts must be outright, meaning they go directly to VA. Distributions to donor-advised funds or life-income arrangements such as charitable remainder trusts and charitable gift annuities do not qualify, nor do gifts from 401k, 403b, SEP and other plans.   
     
    The benefit to you is that these distributions are excluded as gross income for federal income tax purposes on your IRS Form 1040 and the gift counts toward your required minimum distribution for the year in which you made the gift. Plus, you could avoid moving into a higher tax bracket that the distribution might cause.
  • Planned Giving

    There are numerous ways to make Vermont Academy part of your legacy.  Two of the most common methods are listed below.  The Advancement office is also happy to explore giving vehicles with you that provide lifetime income and tax benefits for you and your loved ones.

    Bequests
    Bequests are a simple way to support Vermont Academy. Just add a provision in your will or trust designating either a percentage, specific amount, or all or a portion of the residue of your estate to the school. You can designate your gift or leave it unrestricted for general use–and gifts of all sizes are appreciated.

    Beneficiary Designation
    Naming Vermont Academy as the beneficiary of all or a portion of a retirement account, bank or brokerage account, donor-advised fund or insurance policy, is a tax-smart way to make a gift to the school that leaves a lasting legacy while avoiding a significant built-in tax liability. When left to individuals, the value of the gift may decrease by up to 70%, but if used to make a gift to Vermont Academy, the funds are transferred tax-free and we are able to realize the full value of the gift.
  • Wire Transfer

    Wire Transfer Instructions
     
     Please ask your sending bank to include name of donor as identifying information on the wire and designation (if any). Without this information, there may be a delay in crediting the appropriate program and acknowledging the donor.
     
    Bank:                     TD Bank
                                  2 Church Street
                                  Bellows Falls, Vermont 05101
                                  802-463-4511
    Account number:  5241905895
    Account name:      Vermont Academy
    ABA number:         011600033
    For international wires
    SWIFT code:          NRTHUS33XXX

Education for Life - One Student at a Time

Vermont Academy is a coed college preparatory boarding and day school in southern Vermont, serving grades 9-12 plus a postgraduate year.