Gifts to the Mount help sustain the academic excellence and individualized attention that have been hallmarks of a Mount education since the University’s founding in 1920.
When giving to the Mount, donors are helping to provide financial support that is critical to the University's future growth. Each student who attends the Mount benefits from the generosity and loyalty of our donors.
These gifts come in many forms:
- Mount Annual Fund donations
- life income gifts
- scholarship endowment
- memorial contributions
- corporate sponsorships
- and special event support
Special tax-free IRA gifts
For those aged 70½ or older, it is once again possible to make tax-favored charitable gifts from traditional and Roth IRA accounts.
On December 18 Congress passed legislation retroactively extending the charitable IRA rollover for 2015 and makes this provision permanent for future years. A total of up to $100,000 can be transferred directly from traditional or Roth IRAs to one or more qualified charities such as Mount St Joseph University free from federal income tax each year. There may also be state income tax savings. Amounts given in this way count toward required IRA minimum withdrawal amounts for the year of the gift.
To make such gifts, it is important to not withdraw funds prior to a gift, but have the gift amount distributed directly from an IRA to one or more qualified charities. For those with check writing privileges on their accounts, this may be the most efficient way to make gifts directly from an IRA.
Check with us, your IRA administrator or your tax advisor for more information.
If you have any questions please contact Mark Osborne at 513-244-4892 or firstname.lastname@example.org
The Forever 22 Scholarship Fund
honoring the legacy of Lauren Hill and the accomplishments of her life.
A scholarship in honor of Lauren Hill has been established at the Mount. The “Forever 22 Scholarship” will honor the legacy of Lauren Hill and the accomplishments of her life. Your gift will provide financial assistance to students.