Support tomorrow’s leaders
St. Teresa’s Academy students, alumnae, parents and friends have a long-standing tradition of giving back to the school that empowers young women to change the world. Please support STA and our mission to educate young women in a Catholic, independent, college-preparatory environment. Your generosity will make a difference in the lives of the young women, today and in the future.
When you support the premier Catholic, college-preparatory education offered to young women at STA, you may benefit from the following.
- $300 Deduction – Individuals who take the standard deduction can claim an above-the-line tax deduction for cash donations to qualified charitable organizations, up to $300.
- 60% of Adjusted Gross Income (AGI) Limit Suspended for 2021 – For gifts made in 2021, individuals who itemized deductions can deduct up to 100% of charitable contributions. Deductions for cash donations were previously limited to 60% of the taxpayer’s adjusted gross income.
- Corporate Deductions – For the 2021 tax year, corporations can deduct up to 25% of the taxpayer’s taxable income for any cash contributions made to qualified charitable organizations. Deductions for cash donations were previously limited to 10% of the taxpayer’s taxable income.
Many employers sponsor matching gift programs to match charitable contributions made by their employees. Gifts from employees’ spouses and retirees may also qualify for a match.
If you don’t find your company name, please check with your company’s benefits department to see if they participate in a matching gift program.