Ways to Make a Lasting Impact

Whether you’re making a one-time gift, setting up a recurring gift, or planning to give through endowment or trust, Marywood makes it easy. No matter how you plan on giving, we make sure you have the opportunity to make a difference at Marywood.

Ways to Give

You can make a recurring monthly gift to Marywood. Each month, your gift will be automatically charged to your credit card or withdrawn from your bank account. 

Use our online giving form to make a recurring monthly gift.

You can double or even triple your gift to Marywood if your employer matches gifts. Contact your HR office for more information, or use our Matching Gift Finder to find out if your employer matches gifts. 

Consider a Planned Gift to Marywood

By making a planned gift to Marywood, you can make a significant impact on the University while receiving financial and tax benefits for you and your family. We can assist you by developing a gift plan that meets your financial and philanthropic goals. Planned giving has many benefits, including:

  • Receiving a lifetime income
  • Obtaining a sizable income tax charitable deduction
  • Avoiding up-front capital gains tax
  • Making a significant gift to Marywood University

Gifts by Will or Revocable "Living" Trust

The most common form of deferred gift to support Marywood is a bequest contained in a person's will or revocable (living) trust. The following language is an example of how a bequest to benefit Marywood may be worded:

I give, devise, and bequeath to Marywood University, $___ (or ___% of my estate) to be used at the discretion of the Board of Trustees.

All the residue of my estate, including real and personal property, I give, devise and bequeath to Marywood University to establish ___ (i.e. John and Jane) endowed scholarship.
If you are planning to make us one of your beneficiaries, we encourage you to tell us now. That way, we can help you obtain the greatest possible satisfaction from your gift.

Benefits

  • Provide for your family after your death.
  • Distribute your assets according to your wishes.
  • Save on estate taxes with proper planning.
  • Leave a legacy without giving up assets.

Other Types of Planned Gifts

Retirement Plans

Name Marywood as a primary or contingent beneficiary of a retirement plan (e.g. IRA, SEP, 401(k), 403 (b), ESOP, etc.).

Life Insurance

You can name Marywood as a primary or contingent beneficiary of a life insurance policy.

Real Estate

A gift of real estate may be a principal residence or vacation home, a farm, a commercial building, a subdivision lot, or unimproved land. The gift may be the entire property or a fractional interest in the property.

Retained Life Estate in Property

You may generate a current income tax deduction by giving a home or farm to Marywood, while retaining the right to use the property during your lifetime. The property will also be removed from your taxable estate.

Gifts-in-Kind

Some gifts require appraisal or advance approval in order to be accepted. Examples of gifts of property include tickets to athletic events, rare books, art works, computer hardware and software, and laboratory equipment.

Gifts of Securities

Gifts of appreciated stocks, bonds, or mutual funds held for more than one year can provide special tax advantages. Closely held stock, S corporation stock, limited liability company interests, and partnership interests can sometimes be used to make a charitable gift.

If you are 72 or older, an IRA Charitable Rollover may be the perfect means for you to support the University!

What is an IRA Charitable Rollover?

An IRA Charitable Rollover allows you to give up to $100,000 each year to a qualifying charity (such as Marywood) without having to pay income taxes on the money.

What are the benefits of an IRA Charitable Rollover

  • Satisfy your required minimum distribution (RMD) for the year
  • Reduce your taxable income (even if you do not itemize deductions)
  • Make a gift not subject to the 50% deduction limits on charitable gifts
  • Allow your gift to be put to use today by Marywood
  • Make a gift without having to pay income taxes on the money

How does it work?

Simply contact your IRA plan administrator to make a gift from your IRA to Marywood. Your IRA funds will be directly transferred to Marywood via check or wire transfer.

If you have any questions about making an IRA Charitable Rollover contribution, please contact the University Development Office at development@marywood.edu or by calling 570-348-6238.

Amazon Smile

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You can now shop and support Marywood University at the same time, for no additional costs, thanks to the AmazonSmile Charitable Program!

Setting up AmazonSmile to benefit Marywood is easy:

  1. Visit AmazonSmile via this link.
  2. Confirm Marywood University as your charity of choice.
  3. Shop knowing a portion of every AmazonSmile-eligible purchase you make will go to benefit Marywood students!

Once set, AmazonSmile will donate 0.5% of the price of your eligible AmazonSmile purchases as a gift to Marywood University. Otherwise, AmazonSmile is the same Amazon you know; same products, same prices and same service.

Note: Marywood does not receive a list of shoppers who support the university through AmazonSmile.

Marywood University Announces Eligibility for Educational Improvement Tax Credit Program (EITC)

Your company can transform the lives of future college students through the EITC program by making a contribution to Marywood’s MOMENTUM program.

How It Works

Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made. These are available on a first-come, first-served basis for contributions to EITC approved organizations like Marywood University. Companies in Pennsylvania that pay any of the following taxes qualify to participate:

  • Corporate Net Income Tax
  • Bank Shares Tax
  • Title Insurance & Trust Company Shares Tax
  • Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
  • Mutual Thrift Tax
  • Malt Beverage Tax
  • Retaliatory Fees under section 212 of the Insurance Company Law of 1921

FAQ

What is the Educational Improvement Tax Credit (EITC) Program?
The EITC Program enables companies to support nonprofit schools at minimal cost. Instead of sending tax dollars to Harrisburg, companies can reallocate them to support Marywood University’s MOMENTUM Program. This program enables students to earn college credits at a significantly reduced cost while still in high school.

Who may make EITC gifts?
You might be surprised. Businesses ranging from neighborhood pharmacies, to mid-sized companies, to large corporations, are all eligible.

How much of a business’ tax liability can be donated to Marywood University through EITC?
Participating businesses can receive a tax credit equal to 75% of a contribution up to $750,000 per year. The credit increases to 90% if the business agrees to provide the same amount for two years.

For additional information, visit newpa.com/EITC

Thank You!

Thank you to our generous corporate donors who are making a difference in the lives of future college students through the PA Educational Improvement Tax Credit program.

  • Fidelity Bank

  • FNCB Bank

  • Peoples Security Bank & Trust

  • PPL Electric Utilities

  • Waste Management

Let's Get Started!

Patricia H. Rosetti
Bio

Thank You

Waste Management (2021)

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Waste Management (2021)

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Waste Management (2020)

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FNCB Bank Donates Scholarship Funds to Marywood University’s Momentum Program (2020)

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Fidelity Bank (2020)

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Fidelity Deposit and Discount Bank recently presented a $20,000 Education Improvement Tax Credit (EITC) donation to Marywood University for their Momentum Program. Momentum  provides high school juniors and seniors with the opportunity to get a head start on college by enrolling in Marywood University courses while still in high school.
From left: Tammy McHale, Marywood University VP for Business Affairs and Treasurer, Dan Santaniello, FDDB Bank President and CEO, Sal DeFrancesco, Executive Vice President and CFO, and Sister Mary Persico, IHM, Ed.D., Marywood University President.

Waste Management (2020)

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Waste Management presents a $6,000 Pennsylvania Education Improvement Tax Credit (EITC) donation to Marywood University's Momentum program, presenting high school juniors and seniors with the chance to enroll in college-level courses to get a head start on their college education.
From left:  Thomas Delvecchio, Account Manager, Waste Management.; Patricia Rosetti '93, Marywood Leadership Annual Giving Officer

Peoples Security (2019)

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Peoples Security presents an Education Improvement Tax Credit (EITC) donation for $2,000 to Marywood University for the MOMENTUM Program.

From left: Joseph Ferretti, Executive Vice President and Senior Lending Officer; Patricia Rosetti '93, Marywood University Leadership Annual Giving Officer; Sharon Byrne, Senior Vice President and Senior Corporate Lending Officer


Diamond K Inc. (2019)

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Diamond K Inc. presents an Education Improvement Tax Credit (EITC) donation to Marywood University for the MOMENTUM Program.

From left: Michael J. Wincovitch, Diamond K Inc. Director of Business Development; Patricia Rosetti '93, Marywood University Leadership Annual Giving Officer.


FNCB Bank (2019)

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FNCB Bank presents a $3,000 Education Improvement Tax Credit (EITC) donation to Marywood University for the MOMENTUM Program.

From left: Patricia Rosetti '93, Marywood University Leadership Annual Giving Officer; and Gerard Champi, FNCB Bank President and CEO.


Fidelity Deposit and Discount Bank (2018)

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Fidelity Deposit and Discount Bank, Dunmore, donates $15,000 in EITC funds to Marywood University's MOMENTUM program.

Left to right: Sister Mary Persico, IHM, President, Marywood University; Dan Santaniello, President, Fidelity Deposit and Discount Bank; Patricia Rosetti '93, Marywood University Leadership Annual Giving Officer.


Waste Management (2018)

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Waste Management presents an $6,000 Pennsylvania Education Improvement Tax Credit (EITC) donation to Marywood University.

From left:  Patricia Rosetti '93, Marywood Leadership Annual Giving Officer; Christina Weaver, Account Manager, Waste Management.


Fidelity Bank (2018)

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Fidelity Deposit and Discount Bank, Dunmore, donates $15,000 in EITC funds to Marywood University's MOMENTUM program.

Left to right: Patricia Rosetti '93, Marywood University Leadership Annual Giving Officer; Dan Santaniello, President, Fidelity Deposit and Discount Bank;  Sister Mary Persico, IHM, President, Marywood University.


FNCB Bank (2018)

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FNCB Bank presents a $2,500 Education Improvement Tax Credit (EITC) donation to Marywood University for their Momentum Program. Marywood University's Momentum Program provides high school juniors and seniors with the opportunity to get a head start on college by enrolling in college level courses. From left: Patricia Rosetti, Marywood University Leadership Annual Giving Officer; and Gerard Champi, FNCB Bank President and CEO.


Landmark Community Bank (2018)

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Landmark Community Bank presents an $1,500 Pennsylvania Education Improvement Tax Credit (EITC) donation to Marywood University's Momentum program, presenting high school juniors and seniors with the chance to enroll in college-level courses to get a head start on their college education. From left: Patricia Rosetti '93, Marywood Leadership Annual Giving Officer; Francis E. "Trip" Crowley, Landmark Community Bank Branch Manager/Vice President; David B. Wintermute, Landmark Community Bank Commercial Relationship Manager.


Waste Management (2018)

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Waste Management presents an $8,000 Pennsylvania Education Improvement Tax Credit (EITC) donation to Marywood University's Momentum program, presenting high school juniors and seniors with the chance to enroll in college-level courses to get a head start on their college education.

From left: Christina Weaver, Account Manager, Waste Management; Patricia Rosetti '93, Marywood Leadership Annual Giving Officer.


Fidelity Bank (2017)

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Fidelity Deposit and Discount Bank, Dunmore, donates EITC funds to Marywood University for their MOMENTUM program.

Left to right: Dan Santaniello, President, Fidelity Deposit and Discount Bank, Sr. Mary Persico, IHM, President, Renée Zehel, Vice President for University Advancement, Marywood University


FNCB Bank (2017)

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FNCB Bank presents a $2,000 Pennsylvania Education Improvement Tax Credit (EITC) donation to Marywood University’s Momentum Program which provides high school juniors and seniors with the opportunity to get a head start on college by enrolling in college level courses.

From left: Nancy Jeffers; FNCB Vice President, Commercial Officer; Renée Gregori Zehel, Marywood Vice President University Advancement; Sister Mary Persico, IHM, Ed.D. Marywood President; and Jerry Champi, FNCB President & CEO.