Thankful, Grateful, Blessed Academy of St. Louis Annual Appeal
November 02, 2020 - December 31, 2020
Academy of St. Louis, Kehrs Mill Road, Chesterfield, MO, USA
How many times have we heard the word "unprecedented" to describe current situations that have plagued us during 2020? The Academy of St. Louis has many reasons to frequent the use of this word ourselves. We have taken every measure to safely implement our in-person, 5-day, weekly instruction but we need your help to provide the funds to expand our program to serve more students who are critically affected by "virtual learning."
Your generous gifts help our unique transition programs:
Provide families of learning disabled students Financial Based Scholarships enabling them to attend our in-session, personalized, program instead of ineffective "virtual" learning.
Provide each classroom with its own sensory materials, fine motor manipulatives, and gross motor equipment to assist in the containment of the Covid-19 virus.
Enhance/replace outdated Technology.
Hire additional instructors for students who have the propensity to excel in math and language arts preparing them for college/tech entrance tests.
Provide additional resources to increase social, functional, and life skills for students to integrate into their communities after high school as productive, young adults.
Consider making a gift today or set up a monthly commitment through an automatic, recurring transfer from your credit/debit card or bank account for our Annual Appeal. As a 501(c)3 non-profit organization, the Academy of St. Louis accepts gifts of all shapes and sizes.
*Any charitable contributions you make for the rest of the year are eligible for a 100% tax deduction under the Coronavirus Aid, Relief and Economic Security (CARES) Act legislation. Check with your financial advisor for more more information.
Your gift to our Annual Appeal provides hope, promise, & opportunities for students with learning challenges.
No act of generosity is too small to make a difference.
In March 27, the President signed into law the CARES Act to help combat the far-reaching impacts of COVID-19. The bill provides increased tax incentives for charitable giving for both individuals and corporations, signifying an intent to stimulate philanthropy throughout America.
The CARES Act has enacted these changes which may affect your charitable giving in 2020:
Temporary Universal Charitable Deduction: Taxpayers who do not itemize their deductions can take a one-time deduction of up to $300 for gifts made to charitable organizations in 2020.
Temporary suspension of the adjusted gross income limitation for individuals' charitable contributions for the year 2020: In a typical year, individuals can only take a charitable deduction of up to 60% of their adjusted gross income. For 2020, there is no limit, making cash contributions fully deductible up to 100% of AGI. Gifts of appreciated assets are generally deductible up to 30% of AGI and may be combined with cash gifts up to 100% of AGI.
Required minimum distributions from IRA's waived for 2020: Charitable gifts from retirement plans for those 70 ½ or older can still be deducted from your income tax but minimum distributions are not required for this year.