Ways to Give

Thank you for your interest in supporting Gwynedd Mercy! We have a number of giving priorities this year including: 1) The Mercy Fund, our annual fund which benefits every student and every program at Gwynedd Mercy, 2) A Place to Soar, our first capital campaign in 20 years to build a new dining and community commons, counseling center, and seminar room, addressing essential space needs for the benefit of all students, and 3) Financial Aid to ensure access to all girls who wish to attend Gwynedd Mercy regardless of a family's ability to afford tuition.

Below are all the ways you can make a gift to Gwynedd Mercy before December 31. For assistance at any time, please contact Colleen Belz Frascatore '89, director of advancement, at cfrascatore@gmahs.org or 267-946-0948. We are grateful for your support!

Online by Credit Card

Gwynedd Mercy accepts American Express, Discover, MasterCard, or Visa.

For tax year end, IRS guidelines require online credit card transactions to be completed by 11:59 p.m. on December 31 for a donation to be tax deductible for 2023.

To make a gift to the Mercy Fund, our annual fund, click here.

To make a gift to "A Place to Soar: The Gwynedd Mercy Campaign for a New Monarch Wing," click here.

Venmo

Check

Appreciated Stock

There are many benefits to donating appreciated securities to Gwynedd Mercy: 1) you receive the same income tax savings you would if you wrote a check or made a credit card gift online, 2) you have the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent, and 3) your dollar goes further than if you were to sell the stock and donate the cash because the money you would have paid in taxes can instead go fully to the Gwynedd, maximizing your philanthropic impact of our Mercy mission.

Making a gift of appreciated securities also is as easy as instructing your broker to transfer the shares. Below is the information you need to assist in facilitating your stock transfer:

Gwynedd Brokerage Firm: Charles Schwab
Gwynedd DTC #: 0164
Account Name: Gwynedd Mercy Academy High School
Account #: 84144426
Gwynedd Tax ID Number: 23-1740598

Prior to the transfer, please be sure to notify Colleen Belz Frascatore ’89, director of advancement, with the name of the stock and number of shares so Gwynedd can ensure your gift is received and processed accurately. Colleen can be reached at cfrascatore@gmahs.org or 267-946-0948.

For tax year end, stock gifts need to be deposited into Gwynedd’s brokerage account before end of business (the NYSE closes at 4 PM) on December 29 for your gift to be tax deductible for 2023.

Corporate Matching Gifts

A matching gift occurs when participating companies match (sometimes up to double or triple) the amount donated to Gwynedd Mercy Academy High School by employees, spouses, or retirees. Check with your company’s Matching Gift Coordinator, (usually in the Human Resources department), obtain a matching gift form, fill it out and return with your contribution.

Questions? Contact Mimi Craig, director of advancement services, at 967-946-0031 or mcraig@gmahs.org.

Pennsylvania Tax Credit Program, In Support of Financial Aid

The Pennsylvania Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) Programs give individuals and businesses the opportunity to redirect their state tax dollars to Gwynedd Mercy Academy High School in support of need-based scholarships for qualifying students. Click here to learn more.

For questions or to participate for Gwynedd, please contact:

Colleen Belz Frascatore '89, director of advancement
267-946-0948 / cfrascatore@gmahs.org

Colleen Corace Connor '86, director of annual giving
267-946-0992 / ccoraceconnor@gmahs.org

Qualified Charitable Distribution (QCD), if 70½ or older

Do you have an Individual Retirement Account (IRA)? Are you at least age 70½ (or soon will be) and subject to Required Minimum Distributions (RMDs)? Do you donate to Gwynedd Mercy and other charities? If you answered “yes” to all three questions then a Qualified Charitable Distribution (QCD), often called an IRA Charitable Rollover, may save you taxes. Making a QCD is a tax-wise strategy that allows you to transfer up to $100,000 per year from your IRA directly to a qualified charity, like Gwynedd Mercy. It is only available to individuals with Traditional, Rollover or Inherited IRAs, and inactive SEP and SIMPLE plans. Any amount processed as a QCD counts toward your RMD and reduces the taxable amount of your IRA distribution. This lowers both your adjusted gross income (AGI) and taxable income, resulting in a lower overall tax liability. And it may save you on other taxes too.

If you want to make a QCD to support Gwynedd, we suggest you contact your IRA custodian and let them know that you would like to make a QCD to Gwynedd. Your custodian can make a check out to Gwynedd Mercy Academy High School and send it directly to us at:

Gwynedd Mercy Academy High School
c/o Office of Advancement
1345 Sumneytown Pike
Lower Gwynedd, PA 19002