Ways to Give
You can make a charitable gift of cash, equities, real estate, and personal property. You can also donate in honor, memory, or celebration of an alumna/alumnus or friend, or through planned giving opportunities as described below. We’ve recently added a recurring gift option, which deducts a predetermined amount from a credit card on a monthly basis. All gifts to Marymount Manhattan are tax-deductible.
Gifts of Cash
Cash contributions by check or credit card offer the easiest ways to give. MMC accepts Visa, MasterCard and American Express. Checks can be mailed to:
Office of Institutional Advancement
Marymount Manhattan College
221 E. 71st Street
New York, NY 10021
Additionally, cash can be sent electronically to the College at the following instructions:
WIRE
The Northern Trust Company
50 South La Salle Street, Chicago, IL 60603
ABA #071000152
Account 35114149
BNF: The Glenmede Trust Company, N.A.
Further credit: Marymount Manhattan College
ACH
The Northern Trust Company
50 South La Salle Street, Chicago, IL 60603
ABA #071000152
Account 35114149
BNF: Marymount Manhattan College
Contact Wilton Fontenette at wfontenette@mmm.edu prior to processing any gifts to MMC.
Online Gifts and Pledges
You can make a secure online gift or pledge to Marymount Manhattan today by completing our online gift form. Full payment of pledged gifts should be made by June 30 of each year.
RECURRING GIFTS
Please visit our Recurring Gift webpage to learn more about our newest method of giving to Marymount Manhattan.
Payroll Deductions
All full-time faculty and staff of Marymount Manhattan College can choose to donate to the Annual Fund through payroll deduction. Please fill out our Annual Fund Contribution Form and return to Lisha Bodden , Director of Annual Giving, in the Office of Institutional Advancement.
Securities
Appreciated marketable securities offer an attractive and convenient way to give to Marymount Manhattan College. Donors receive a tax deduction for the fair-market value of the securities they donate (calculated on the day of the transfer). Making a gift of securities requires two easy steps:
- In advance of transferring the stock gift, please contact Chloe Willa in the Office of Institutional Advancement at (212) 517-0459 or cwilla@mmm.edu , with the name of the stock, the number of shares to be donated, the intended date of transfer and the name of the bank the stocks will be coming from.
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Instruct your stockbroker or investment manager to transfer the shares via D.T.C. to:
GlenmedeMarymount Manhattan College Gift IMAccount #: 8050-01-4/2DTC #: 2139Agent Bank #: 12286Institutional ID#: 12286
Contact Thomas J. Moore at 215-419-6921 or tom.moore@glenmede.com prior to processing any gifts to MMC.
Gifts-in-Kind
Marymount Manhattan College accepts gifts-in-kind that are appropriate to its mission. Gifts-in-kind may include, but are not limited to, works of art, scientific or technological equipment, books, and real estate.
Memorial, Honorary or Celebratory Gifts
Marymount Manhattan welcomes gifts made in memory of or in honor of alumni, faculty or other individuals of special importance to the donor. Such gifts can be made to the MMC Annual Appeal for general support of the College’s educational mission, or donors may direct their support to more specific purposes. To make a memorial or honorary gift, follow any of the procedures described above, making sure to identify the individual you intend to honor or memorialize. Upon receipt of such a gift, the Office of Institutional Advancement will mail a receipt to you, the donor and, if you wish, notify the honoree, or, in the case of a memorial gift, a designated individual or family member of your thoughtful contribution.
Charitable Gift Annuities
A charitable gift annuity is a combination of a gift and an investment. In exchange for a gift of cash or marketable securities, Marymount Manhattan promises to pay a fixed annual amount for life to you and/or a loved one. The annuity rates are based on the age of the beneficiary. Each gift annuity is established separately and requires a donation of $10,000 or more.
For more information on the ways to give to MMC, contact Chloe Willa in the Office of Institutional Advancement at (212) 517-0459 or cwilla@mmm.edu .
Planned Gifts
Visit our Planned Giving site, which is devoted to explaining all the planned giving options available to our supporters.
To find out more about planned giving, please contact Graham Ciraulo, Vice President for Institutional Advancement, at gciraulo@mmm.edu or 212-517-0453.
Using Your IRA to Make Charitable Gifts
The Protecting Americans from Tax Hikes (PATH) Act of 2015 made permanent a taxpayer’s ability to make tax-advantaged gifts directly from a Traditional or Inherited IRA account to a charitable organization.
TO QUALIFY:
- The taxpayer must be over 70½-years old;
- The recipient must be a public charity (or otherwise qualified); and
- The Qualified Charitable Distribution (QCD) must be paid directly to the charity.
Each taxpayer may make an unlimited number of gifts from one or more IRAs, but the total aggregate value of the gifts must not exceed $100,000 from all the taxpayer’s IRAs in a calendar year. The distributions to charity do qualify toward the taxpayer’s Required Minimum Distribution. The distribution to charity is also sometimes called an “IRA Charitable Rollover.”
The general rule is that any amounts withdrawn from a Traditional IRA are included in the IRA owner’s taxable income as ordinary income and subject to income tax. IRA distributions paid directly to a charity under these special provisions are not taxed.
Ask your IRA administrator what steps you need to take, because the procedures can vary from firm to firm.
In advance of transferring the IRA gift, please contact Chloe Willa in the Office of Institutional Advancement at (212) 517-0459 or cwilla@mmm.edu with the intended date of transfer, gift amount and the name of the IRA distributor the will be coming from.
Instruct your IRA administrator to transfer gifts via direct transfer to:
Glenmede
Marymount Manhattan College Gift IM
Account #: 8050-01-4/2
DTC #: 2139
Agent Bank #: 12286
Institutional ID#: 12286
Contact Thomas J. Moore at 215-419-6921 or tom.moore@glenmede.com prior to processing any gifts to MMC.