Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized. Cash gifts may be made in the form of checks or credit card (by using our on-line form).
Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge many enable a donor to consider a more significant gift than would have been otherwise possible. Terms for payment on pledges are flexible and at the option of the donor.
Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to Mount Aloysius College or may be transferred through the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes. It is best to consult with a member of the Institutional Advancement staff before a transaction is made, particularly near year-end. For general questions on gifts of securities, call (814) 886-6319 or send e-mail to the Advancement Office.
Oftentimes companies and professionals give the College products or services that are part of their normal business activities. Provided these gifts further the mission of the College they are normally deductible for their normal retail value.
Gifts of tangible personal property to Mount Aloysius College should have a use related to the College's mission and tax-exempt purpose. The College shall accept gifts of jewelry, artwork, collections, vehicles, furniture, equipment, software and other personal property items owned by a donor only after approval by the College's Gift Review Committee. Special IRS rules apply to the valuation of such property and its deductibility. Please contact a member of the Institutional Advancement staff for further information.
Friends of the College often make properly titled and environmentally sound gifts of real estate. Such gifts can be made during the donor's lifetime or as part of a planned gift. Please contact a member of the Institutional Advancement staff as you consider a gift of real estate for guidance on the tax and other considerations in making such a gift.
In many instances, it may be preferable from an estate, financial and tax-planning perspective to consider long-term planned giving as the best way to make a gift. This can be accomplished through various gift instruments, such as charitable gift annuities, remainder trusts, charitable lead trusts, life insurance and bequests. For more information go to Planned Giving , or contact a member of the Institutional Advancement staff.