Gifts & Bequests
As a 501(c)(3) charitable organization, the St. Joseph College Alumnae Association is recognized by many corporations as eligible for matching donations. These programs enable employees to have their contributions matched dollar for dollar, and sometimes more, by their employer. If a company with such a program employs you, a relative or friend, please consider the Alumnae Association as the recipient of a “match.” Any donations and matches will be directed to our philanthropy program. Please advise the Alumnae Office if you have applied for a matching corporate gift so we are prepared to respond to any enquiries from corporations.
Gifts of Appreciated Stock, Mutual Funds, & Bonds
You can donate assets such as stock or mutual funds and receive a tax deduction on current value, rather than paying capital gains tax on appreciated assets. You may completely avoid paying capital gains tax on the increase in the value of the asset. Also, by transferring ownership rather than selling the asset, you may avoid incurring brokerage fees.
Include SJCAA in Your Will
Through careful estate planning and charitable gifts in your will, you can legally avoid many consequences of both state and federal estate taxes. Since estate planning is very complicated, be sure to consult with your lawyer and tax consultant when writing or revising your will.
This information is not intended to be used as legal or tax advice. The concepts discussed here suggest possible strategies and are presented for illustrative purposes only. Consult your tax advisor for more information on how to legally reduce your taxes. You should also consult with an attorney skilled in estate planning, and who is licensed in your state, prior to making a substantial gift.
For More Information
St. Joseph College Alumnae Association, Inc.
P.O. Box 1149
Emmitsburg, MD 21727-1149 USA