Sterling is equal parts cause and college.
Whereas alumnx and their families comprise the vast majority of donors at other colleges, Sterling is fortunate to also draw support from people and organizations whose only tie is a strong belief in what we do.
The Sterling Fund is the most direct way to fund student scholarships and instruction.
To learn more about the College’s major gift needs or explore Sterling’s priorities, be in touch with Director of Advancement, Hannah Rushing.
Rather send a check?
Sterling College - Advancement Office
PO Box 72
Craftsbury Common, VT 05827
Stock Gifts
Gifts of stock can be made to Sterling with the following information:
Charles Schwab
DTC 0164
Account Name: Sterling College
Account No: 4356-4672
Planned Giving
The Margaret Sterling Society recognizes individuals and families who intend to make a planned gift to Sterling. Margaret Sterling Society members provide future support for the College through their wills, retirement plans, or life insurance policies, often lessening their tax burdens.
Members of the Margaret Sterling Society can designate their planned gift any way they choose: in support of the annual fund, towards financial aid or for a specific scholarship, or for addition to Sterling’s endowment.
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The simplest option, naming Sterling as a beneficiary under your will or trust enables you to continue your commitment to the College. The gift may be a specific dollar amount or a percentage of your remaining assets.
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Gifts of assets from a retirement account can mean significant tax savings for you. At your death, family members who inherit your retirement assets may find that they owe both estate and income taxes on the asset. To avoid this result, you can consider making a charitable gift of these retirement assets. Any amount that Sterling receives from your retirement plan account will not be subject to income tax.
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With this type of charitable vehicle, you establish an irrevocable trust from which you or your loved ones receive annual payments during life or a term of years not to exceed twenty years. At the end of the term, the remaining trust assets will go to Sterling. Use of a charitable remainder trust entitles you to a charitable deduction equal to the value of the charity’s interest, determined by the IRS.
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A charitable lead trust accomplishes the same planning goals as the charitable remainder trust, by providing for both your favorite charity and loved ones, but in the reverse order. Like a charitable remainder trust, you contribute property to an irrevocable trust from which a designated charity receives payment of income for a specified term or someone’s life. At the end of the term, the remaining trust assets are distributed to your loved ones.