Give to the Mount

The College accepts VISA, MasterCard, and Discover. Credit card donations can be made online or by calling The Office of  Advancement at 845-569-3215.

Checks should be made payable to Mount Saint Mary College, noting where you want your contribution to go in the memo line. Contributions can be mailed directly to:

The Office of College Advancement
Mount Saint Mary College 
330 Powell Avenue
Newburgh, NY 12550

For security purposes, cash gifts should be delivered in person.

We are delighted that you might consider making a gift of stock or other appreciated asset to Mount Saint Mary College. A gift of stock can provide a donor significant benefits, including an immediate charitable deduction for the full market value of the stock and avoidance of capital gains taxes that would normally be due upon sale. By realizing these tax savings, many donors have found that they can make a larger gift to the Mount than they had originally planned.

Because the names of donors are not included with electronic transfers of securities, it is very important that either you or your broker notify Tom Burnham, Director of Principal Gifts at 845-569-3218 or Thomas.Burnham@msmc.edu prior to making a transfer. The Office of College Advancement will gladly provide you with complete instructions for making your gift.

A tax-smart way to make an impactful gift to Mount Saint Mary College is through your traditional or Roth IRA. The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to Mount Saint Mary College and satisfy your Required Minimum Distribution (RMD). If you are not required to take an RMD but no longer itemize your deductions, then a QCD may be right for you as well.

How Do I Qualify?

 The IRA charitable rollover (QCD) offers multiple benefits for making gifts from your traditional or Roth IRA.

• You must be 70 ½ years or older at the time of the gift.
•  Gifts must go directly from your IRA to Mount Saint Mary College.
• Gifts must come from a traditional IRA or Roth IRA account.
• Gifts cannot exceed $100,000 per donor per year. 

Benefits of an IRA Charitable Rollover Gift (QCD)

• If you don’t itemize your deductions and are not yet required to take your RMD, a QCD offers all the benefits of an itemized income tax charitable deduction.
• If you are 73 or older and you must take your RMD, a QCD can satisfy your RMD without increasing your income taxes.
• You may direct your gift to a program or area of your choice at the Mount.
•  It is a wonderful way to create an immediate impact on the Mount. 

How Can I Make an IRA Charitable Rollover?

Contact your IRA administrator for their QCD distribution form and information on the procedure to make such a gift.

Call Us to Start a Conversation

Thomas J. Burnham, Director of Principal Gifts
845-569-8213
Office of College Advancement
845-569-8215

Including Mount Saint Mary College in your will can make a lasting gift to benefit future generations of Mount students. You can include a provision in your will requesting that the Mount receive an exact dollar amount or percentage of your remaining estate. You can also designate the Mount as the recipient of tangible property. Learn more here.

Naming the Mount as a beneficiary of an IRA, insurance policy, or retirement plan may help your heirs to avoid or reduce income or estate-related taxes while the full value of the plan benefits the Mount. Certain types of life insurance policies may qualify for an income tax deduction for a portion of the policy’s value.

The Mount’s income-producing plans permit donors’ gifts to be invested to provide income for themselves or persons they designate. A life income plan may have either one or two individual beneficiaries. The income is paid for the life of each beneficiary or for a set period of years. Ultimately, the gift assets become available for use by Mount Saint Mary College for a purpose designated by the donor. Learn More.

Gifts of real estate — especially property that has appreciated in value — can provide many financial benefits while helping to fulfill your philanthropic goals. Real property gifts may include personal residences, vacation or seasonal homes, or commercial real estate. In addition to outright or planned gifts of real property, you can also donate a percentage interest in a property or deed of a personal residence to the Mount but retain the right to live in it for your lifetime.

You can significantly increase the value of a gift to the Mount if you are employed by a company that matches gifts made to higher education. Typically, matching gift employers such as IBM, Verizon, and hundreds of others will match a contribution made by either their employees (current or retired) or the spouses of their employees. The Mount includes matching gifts in determining your total giving level. To find out if your employer matches gifts to higher education, contact your Human Resource department.