See the IMPACT of
YOUR GENEROSITY
TODAY
If you are 70 ½ years or older , you can take advantage of a simple way to help our students and receive tax benefits in return . You can give any amount up to $ 100,000 per year from your IRA directly to Gwynedd Mercy University without having to pay income taxes on the money .
Why Consider This Gift ?
Make a Tax-Free Gift From Your IRA
▶ Your gift will be put to use today , allowing you to see the difference your donation is making .
▶ You pay no income taxes on the gift . The transfer generates neither taxable income nor a tax deduction , so you benefit even if you do not itemize your tax deductions .
▶ If you have not yet taken your required minimum distribution for the year , your IRA charitable rollover gift can satisfy all or part of that requirement .
For more information on how to make a meaningful impact on GMercyU for years to come , visit gmercyu . edu / giving or contact Jane Coughlin at couglin . j @ gmercyu . edu or 215-646-7300 , ext 21177 .
The information in this publication is not intended as legal or tax advice . For such advice , please consult an attorney or tax advisor . References to estate and income taxes include federal taxes only . State income / estate taxes or state law may impact your results .
14 PRESIDENT ’ S REPORT