Ways to Give | Mercy College

Ways to Give

Thank you for considering a gift in support of Mercy College of Ohio. We appreciate your commitment to our values and mission and your desire to make a difference in the lives of others in the Mercy tradition. We pledge to use your contribution wisely and in the spirit it is given.

Most donations are gifts given through cash, check or credit card. Planned gifts are excellent alternatives to current gifts, providing security for you and your family and still offering a meaningful charitable contribution. Through thoughtful planning, individuals can contribute part of their legacy to Mercy College. The result is a contribution that delivers more benefit to Mercy College and at the same time saves you taxes, preserves your estate and may pay you a lifetime income.

Gifts are deductible from federal income tax as contributions to a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. If you are interested in learning more about a plan that fits your immediate needs or more long-range goals, please contact Mike Whalen, Director of College Advancement at (419) 251-1824 or email to michael.whalen@mercycollege.edu.

What is your goal?
What are the benefits?
Make an immediate donation Gifts can be made with cash, checks or credit cards. You can claim your deduction against your adjusted gross income and make an impact on Mercy College now.
Real Estate Gift
A donation of real property either in full or with a retained life estate
Immediate income tax deduction for the charitable value of the gift, plus no capital gains tax due
Can allow you to live in your home and still receive a charitable deduction
Life Insurance Gift
A gift of a new or old policy with a charitable organization named as beneficiary and owner
Immediate income tax deduction for gift’s value, plus possible estate tax savings
Provides a way to make a significant gift with little expenditure
Living Trust
A trust you establish to take effect during your lifetime
 
Possible savings in estate taxes if a charitable organization is the beneficiary of the trust remainder
Terms of trust can be changed at any time
Bequest in Will
A gift you make by naming a charitable organization in your will
Estate tax deduction for the value of your bequest to the charitable organization
Gives you flexibility in providing for your family needs first
Retirement Plan Gift
A gift made by naming a charitable organization as the beneficiary after your death
Avoids income tax on the plan, in addition to possible estate tax savings
Preserves plan’s value and allows you to leave heirs bequests and other assets free of income tax
Charitable Remainder Annuity Trust
A trust that pays a set income to you or those you name before a charitable organization receives a remainder
Income tax savings form deduction, no capital gains tax liability, plus possible estate tax savings
Provides fixed annual income for donor or other beneficiary
Charitable Remainder Unitrust
​A trust that pays a variable income to you or those you name before a charitable organization receives a remainder
Income tax savings from deduction, no capital gains tax liability, possible estate tax savings
Provides annual income that could increase if the trust value increases
Charitable Gift Annuity
A contract in which a charitable organization agrees to pay you back a percentage of your gift annually for your lifetime
Immediate income tax deduction for part of the gift’s value, with capital gains spread out over your life expectancy
Gives you and/or another beneficiary a set income for life at an attractive rate
Charitable Lead Trust
A trust that pays an income to a charitable organization for a period of years before you or your heirs receive the remainder

Gift or estate tax savings for value of payments made to the organization
Allows you to pass assets to heirs intact

Please note: Mercy College of Ohio is an educational institution and does not provide tax, legal, or financial advice.  Any information on this site or shared by our staff is intended as educational.  For such advice, we strongly encourage donors to consult an attorney, tax professional, or investment professional.

Donors can give to Mercy College by either printing, completing, and mailing this form or contributing online here.