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The Spirit of St. Andrew's

Scott and Dwight Sipprelle with their parents

Scott and Dwight Sipprelle with their parents Linda and Dudley Sipprelle with the rendering of the Sipprelle Field House.

The Spirit of St Andrew's Gala was an opportunity for alumni, parents and friends from every generation in St. Andrew's history to come together and celebrate the school's past, present and future.

One of the great moments came when Scott Sipprelle '81 shared with the audience his story of the opportunity that was given to him and his brothers more than 35 years ago. All four Sipprelle brothers attended St. Andrew's on the Haselton Scholarship, created in 1953 by Norris Haselton, a career foreign service officer, and his wife, Elizabeth, when their son, Chip, was in the VI Form. The Haseltons felt strongly that children of diplomats living overseas needed a stable and safe learning and living environment led by an experienced faculty who would give those students the intellectual guidance and moral support needed during their high school years.

The Haseltons' original gift was $6,000—which at the time represented almost five tuitions. Over time, the Haselton Scholarship has grown, thanks to sound investments and an additional bequest from the estate of Mrs. Haselton. Today it is one of the largest endowed scholarship funds at St. Andrew's, and continues to provide vital educational opportunity for all students. Scott shared that his success in life is built on the foundation of his St. Andrew's experience, and he is committed to the idea that future generations have the privilege to experience what he did at St. Andrew's.

When Dwight Sipprelle '76 took the podium, he told about the chance that St. Andrew's took on him-a relatively undistinguished 13-year-old living in Turkey, and he echoed his gratitude for the Haseltons' foresight. For Dwight, the reason to participate in the Field House project was to honor the legacy of his parents who sought this school for their children and the legacy of the many extraordinary people who shaped him during his years at St. Andrew's. Among these were Dot and Bob Colburn, and Nan and Simon Mein, who were in the audience that night.

Every St. Andrean can look back to people who helped make them who they are today. Every alumnus has been touched, guided and shaped by key members of the faculty and the friendships forged at the school. Perhaps harder to see are the hundreds of teachers, alumni and parents whose generous gifts in previous generations made their experience possible. For St. Andreans, it's about giving back, staying engaged with classmates, teachers and other St. Andreans, and being part of a community of faculty and students that not only values but fights for intelligence, integrity and enlightenment. It's been true since the School was founded 82 years ago, almost to the day, and with stewards like the Haseltons and Sipprelles as well as with bequests and continued support from all alumni, St. Andrew's will continue to bring people together to experience this special community for many years to come.

Learn How You Can Help
If you would like to learn about planned giving options that could benefit both you and St. Andrew's School, contact Freddy Nagle at 302-285-4374 or fnagle@standrews-de.org.

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.

A charitable bequest is one or two sentences in your will or living trust that leave to St. Andrew's 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, [name], of [city, state, ZIP], give, devise and bequeath to St. Andrew's School, DE, Inc. [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 that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to St. Andrew's 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. Andrew's 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. Andrew's 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. Andrew's where you agree to make a gift to St. Andrew's 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.
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