Charitable Gift Annuity

Gifts That Pay You Income

There's a way for you to support St. Joseph’s Indian School and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity. 

With a charitable gift annuity you agree to make a gift to St. Joseph’s Indian School and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life. The balance is used to support our work.

This type of donation can provide you with regular payments for life and allow St. Joseph’s Indian School to further our mission. You can also qualify for a variety of tax benefits depending on how you fund your gift.

If you fund your gift annuity with cash or appreciated property, you qualify for a federal income tax deduction if you itemize. In addition, you can minimize capital gains taxes when you fund your gift with appreciated property.

And now, you can fund your gift using your IRA assets. If you are 70½ and older, you can make a one-time election of up to $53,000 to fund a gift annuity. While your gift does not qualify for an income tax deduction, it does escape income tax liability on the transfer and count toward all or part of your required minimum distributions.

Delay Your Payments

If you are younger than 60 or don't need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date — such as when you reach retirement. To learn more, view and download the FREE guide Deferred Gift Annuities: Plan Now, Benefit Later.

Please provide the following information to view the brochure.

Deferred Gift Annuity Request Form
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See How It Works

Payments for Life

Learn more about the many benefits of a charitable gift annuity in our FREE guide Charitable Gift Annuities: Gifts That Give Back.

An Example of How It Works

Couple smiling Dennis, 75, and Mary, 73, want to make a contribution to St. Joseph’s Indian School but they also want to ensure that they have dependable income during their retirement years. They fund a $25,000 charitable gift annuity with appreciated stock that they originally purchased for $10,000.

Based on their ages, they will receive a payment rate of 5.8%, which means that they will receive $1,450 each year for the remainder of their lives. They’re also eligible for a federal income tax charitable deduction of $9,997* when they itemize.

*Deductions and calculations will vary depending on your personal circumstances. Please note rates are subject to change. SJIS’s minimum gift amount is $10,000.

“We established a charitable gift annuity to enable the Native American children to a brighter and more promising future.”
— H. Grimes, Missouri
“I feel annuity giving is one of the best things a person can do because it provides for the needs of the organization and gives a lifetime income to the annuitants, so it works good both ways.”
— L. Gerevas, California

Calculate Your Benefits

Input a few details and see how a charitable gift annuity can benefit you.

See My Benefits


SJIS minimum age for a one-life CGA is 50 and 54 for a two-life CGA. Please contact our planned giving office with any questions you may have.
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Next Steps

  1. Contact Denise Hyland at 1-800-584-9200 or dhyland@stjo.org for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with St. Joseph’s Indian School.
  2. Seek the advice of your financial or legal advisor.
  3. If you include St. Joseph’s Indian School in your plans, please use our legal name and federal tax ID.

Legal name: St. Joseph's Indian School
Address: P.O. Box 100, 1301 N. Main St., Chamberlain, SD 57325-0100
Federal tax ID number: 46-0235912