Ways To Give: What Other Alums Are Saying
ira charitable rollover
Caroline Taplin ’65
Caroline Taplin ’65
Caroline Taplin ’65, a longtime supporter of 海角论坛 grew up in St. Johnsbury on Boynton Avenue, and greatly enjoyed her time at the school. She stated, 鈥淚t was a different and much smaller world where school, friends, and family were my life.鈥�
Caroline fondly remembers two faculty members from her time at 海角论坛, 鈥淢r. Ryan (Francis Ryan, former Head of Guidance Department) had an enormous impact on me and some of my classmates: he encouraged us to have big dreams and helped us make them happen鈥ack Easterling (English Faculty) was the most inspiring teacher I ever had, anywhere.鈥�
Following high school, Caroline attended Bryn Mawr College, majoring in history. She then worked in Vermont State Government for about ten years before earning a master鈥檚 degree in public health from University of North Carolina. She has spent the last 40 years with the Department of Health and Human Services in Washington, DC. For about half of that time, Caroline has been a policy analyst/advisor in the Secretary鈥檚 office with an interest in the intersection of health care financing and service delivery.
When asked why she gives to St. Johnsbury Academy, Caroline said, 鈥淭he Academy now offers opportunities and experiences that were beyond my teen-age imagination. I want them to be available to all motivated students, regardless of their circumstances. I want people to grow up in the Northeast Kingdom to know and take advantage of what the world has to offer.鈥�
One of the ways Caroline donates to 海角论坛 is through an IRA Qualified Charitable Distribution, also known as an IRA Charitable Rollover. This is available to IRA owners who are 70 陆 years or older, and is a simple, tax-free way to immediately support St. Johnsbury Academy students and programs. Qualified individuals can transfer any amount, up to $100,000 annually, from an IRA to 海角论坛 and pay no taxes on that gift. The transfer may count as part of an individual鈥檚 required minimum distribution.
Caroline explained why she has used this method to support 海角论坛, 鈥淚鈥檓 still working so IRA minimum distributions are 鈥榝unny money,鈥� not part of my everyday life. These are dollars I鈥檝e never seen and don鈥檛 (at least for now) need. What better use for them?鈥�
Caroline encourages other alums to consider this way of giving to St. Johnsbury Academy because it is flexible, easy, and has a tax advantage.聽