Give
Smart Ways to Give
Would it surprise you to hear that you can make an outstanding Christian education possible with a gift that maximizes your charitable impact and saves you money? Discover how with the smart options below.
When you support MVNU by giving online or writing a check, you make great things happen and may receive a federal income tax charitable deduction. If you itemize, you can write off the amount you are donating, resulting in lower taxable income. (Please contact your financial advisor or tax consultant if you’re unsure whether your gift is tax-deductible.)
To mail your gift, please make your check payable to “Mount Vernon Nazarene University,” include any applicable designation(s) in your check’s memo line, and send it to the university at: Development Office, Mount Vernon Nazarene University, 800 Martinsburg Road, Mount Vernon, OH 43050.
Year-end deadline: Credit card gifts posted by December 31 will be reported as gifts in that year. Checks dated and postmarked by December 31 will also be reported as gifts in that year, even if received a few days later in January. Gifts posted or dated in January will be recorded and reported as gifts in the new year.
By donating appreciated securities that you have owned for longer than one year, you receive the same income tax savings as you would by making a gift of cash. You also eliminate any capital gains tax on the appreciation. To make a gift of publicly traded stocks or mutual funds via electronic transfer, see our stock gift instructions and more information or contact John Mohnasky in MVNU’s Development Office at 740-392-6868 ext. 4134.
Year-end deadline: We will process an electronic transfer as a current year donation if the securities are received in MVNU’s account by December 31. Transfers arriving in January will be receipted as new year gifts. Plan to request your securities transfer early enough to allow time for it to be received by MVNU in advance of the December 31 deadline.
If you are 70½ or older, you can give any amount up to $111,000 (in 2026) from your IRA directly to MVNU. (Note: This amount will be higher in subsequent years to adjust for inflation.) You will not pay income taxes on the transfer. If you are required to take required minimum distributions, you can use your gift to satisfy all or part of your obligation. This is called an IRA Qualified Charitable Distribution (QCD). Visit here for more information.
Year-end deadline: Your IRA administrator must remove the funds from your account by December 31 for your donation to qualify this year. If you have check-writing features on your IRA, your check must clear your account by December 31 to count toward your required minimum distribution for the calendar year. We encourage you to get those checks to us by December 7 so they can clear in time. In either event, the distribution should be sent to: Development Office, Mount Vernon Nazarene University, 800 Martinsburg Road, Mount Vernon, OH 43050.
Add funds to an existing DAF or open a new one by a written agreement at a community foundation or sponsoring organization, such as the Church of the Nazarene Foundation. Recommend a gift to MVNU from your DAF, so it arrives before year end. Visit here for more information
Year-end deadline: Like with gifts via a personal check, a DAF grant sent through the mail will be processed as a current year gift if it is postmarked on or before December 31 and the check is dated on or before December 31. Checks dated or postmarked in January will be recorded as gifts in the new year. Please plan to make your DAF grant recommendation early enough to allow time for it to be processed by your custodian, then received by MVNU in advance of the December 31 deadline. (Note: You only qualify for a tax deduction when you contribute to your fund, not when you recommend a grant — though with the latter, you get to see your gift help students at MVNU.)
If you haven't already completed your will, our partner, FreeWill, makes the process simple, secure, and intuitive. You can complete this essential task in just 30 minutes for free and with no obligation. Already included MVNU in your estate plan? It would be helpful to know. Please fill out a short form to let us know!
MVNU Federal tax ID number: 31-0725957
Charitable gift annuity (CGA) rates are the highest they have been in 17 years — but that could change. Why not take advantage of the higher rates by creating a gift annuity now?
Year-end deadline: It’s best not wait until the end of the year to set up your CGA. Contact us by early December to ensure we have time to complete your CGA before year-end. Gift annuities for MVNU are administered by The Church of the Nazarene Foundation, the foundation for MVNU's sponsoring denomination.
Still have questions? Contact us!
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.