If you want to help Maryville today and receive the maximum charitable income tax deduction, you may want to consider making a gift by cash wire transfer to support the work of Maryville.
How It Works
1. You make a gift by cash wire transfer to Maryville.
2. We use your gift for the charitable purposes that you designate.
3. You receive a charitable income tax deduction.
How You Benefit
When you make a gift to Maryville by cash wire transfer, you can deduct the full amount of your gift up to 50% of your adjusted gross income. If you were to make the same gift using certain other gift giving vehicles, you might only be able to deduct the full amount of your gift up to 30% of your adjusted gross income. You can also deduct the excess deduction amount over the next five tax years.
Gift by Cash Wire Transfer to Maryville $10,000
Charitable Deduction @ 35% tax rate $ 3,500
Net Cost of Gift to Donor $ 4,500
Is This Gift Right For You?
If you are interested in making an immediate gift to Maryville while enjoying the maximum tax benefits, a gift by cash wire transfer may be for you. Cash wire transfers are relatively easy to make. Not only are gifts by cash wire transfer fast and easy to make – they are easy for Maryville to begin using – so you will enjoy the added benefit of seeing your gift being put to work immediately.
Your employer may match your gift. Click on Matching Gift Programs to find out more.
How To Make A Gift By Cash Wire Transfer
Maryville will work with you to complete your gift by cash wire transfer. Before you initiate your gift, please contact Maryville’s Development Department at 847.294.1982 or development@maryvilleacademy.org to ensure that your gift is properly received and is directed to the proper account.
You will then need to provide your transfer agent (probably your contact at you financial institution) with the following information:
Maryville’s Bank Name
City and State of Maryville’s Bank
Maryville’s ABA #xxxxxxxxxxx
Maryville Academy
Maryville’s Acct # with Bank
Please reference:
Donor Name
Contact Name at Maryville (if unknown please reference xxxxxxx)
Name of Receiving Department at Maryville
If you have never made a cash wire transfer before, you may need to fill out some paperwork with your financial institution; please allow yourself sufficient time to do so.
For more information on making a current or planned gift to Maryville, please contact us:
847.294.1982