Gifts That Pay You Income

Charitable Gift Annuities

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.

This type of gift can provide you with regular payments for life and allow us to provide a safe and stable learning environment for Lakota children. 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 $50,000 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.

Please provide the following information to view the brochure.

Deferred Gift Annuity Request Form
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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.

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See How it Works

See How it Works

An Example of How it Works

Couple walking and smiling Justin, 73, and Mary, 70, want to make a contribution to St. Joseph’s Indian School that will support the education of Lakota children for generations to come. They also want to ensure they have dependable income during their retirement years. They establish a $25,000 charitable gift annuity with St. Joseph’s Indian School. Based on their ages, they will receive a payment rate of 5.3%, which means they will receive $1,325 each year for the remainder of their lives. They are also eligible for a federal income tax charitable deduction of $10,255* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to educate the mind, body, heart and spirit of Native American youth.

*Based on a 5.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.

“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

Learn How to Fund a CGA

You can use the following assets to fund a charitable gift annuity:

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.

Calculate Your Benefits

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

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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.
Not Sure How to Begin Planning? Download our FREE Personal Estate Planning Kit
smiling girl in a classroom

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, Chamberlain, SD 57325-0100
Federal Tax ID: 46-0235912

Our Mission

St. Joseph’s Indian School, an apostolate of the Congregation of the Priests of the Sacred Heart, partners with Native American children and families to educate for life — mind, body, heart and spirit.

St. Joseph’s Indian School is a tax-exempt 501(c)(3) organization.

Privacy Policy | Planned Giving Disclaimer

1301 North Main Street
Chamberlain, SD 57325
1-800-341-2235
saintjosephs@stjo.org

© 2023 St. Joseph's Indian School

A charitable bequest is one or two sentences in your will or living trust that leave St. Joseph’s Indian School a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.  

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to St. Joseph’s Indian School, a nonprofit corporation currently located at P.O. Box 100, Chamberlain, SD 57325-0100, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor-advised fund is an account you set up but is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much money (and how often) you want to distribute money from that fund to St. Joseph's Indian School or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset — such as real estate or stock — since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to St. Joseph’s Indian School as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to St. Joseph’s Indian School as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and St. Joseph’s Indian School where 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.
Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

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Please include an '@' in the email address

eBrochure Request Form

Please provide the following information to view the brochure.

First name is required
Last Name is required
Please include an '@' in the email address