Questions or Gift Ideas? We are happy to match you with your charitable goals. Contact Julia Dill (573) 518-2114.

Planned giving - Through planned giving, your legacy can support life-changing education and promising students for generations to come.

Student scholarships - Each year, the average MAC student incurs over $4,000 in book and tuition expenses. One hundred percent of your donation helps these students remain in school, avoid costly loans, and complete their degrees.

Quality education - Your gift prepares students to thrive in rewarding careers by providing hands-on training, real-world experiences, and powerful teaching tools to ensure they are equipped to become leaders in their fields.

You may designate a specific department, including but not limited to:

Tribute gifts to MAC Foundation in honor or in memory of a friend, colleague, or loved one are a valuable way to celebrate a special person.

• In Honor - Acknowledge a special person. When you make an In Honor gift, we will send a card to the person eing honored announcing your gift and its importance to the Foundation. You will receive a confirmatino note as well.

• In Memory - A special way to honor a respected colleage, beloved friend, or family member. You may wish to arrange donations to the Foundation in lieu of flowers. Many also like to make a regular practice of giving on an a birthday or hen that special person comes to mind. When you make an In Memory gift, we will send a card to the family of the deceased announcing your gift and its importance to the Foundation. You will receive a confirmation note as well.

 

The joy of charitable giving can be very fulfilling. Saving money is also fun! Some seniors will be pleased to learn they are in a great position to do both. Through an opportunity known as the IRA Charitable Rollover, eligible seniors can give donations to MAC Foundation from their IRAs without counting the amount as part of their Adjusted Gross Income and paying taxes on them.

• How does the IRA Rollover work? Taxpayers age 70 ½ and older are required to take annual distributions from their IRAs. The distributions are included in the taxpayers’ adjusted gross income (AGI), and taxpayers pay taxes on them. The IRA Chari table Rollover permits taxpayers to make donations directly to charitable organizations, like MAC Foundation, from their IRAs without counting them as part of their AGI and without paying taxes on them.

• Age Requirement. Donors must be 70 ½ years or older when the distribution is made.

• Donation Limit. A donor’s total combined charitable IRA rollover contributions cannot exceed $100,000 in any one year.

• Eligible Charities. Charitable contributions from an IRA must go directly to qualifying charitable organizations. Contributions to supporting organizations, donor-advised funds, and private foundations, except in narrow circumstances, do not qualify for the tax-free treatment. Your financial advisor can provide guidance.

• Eligible Retirement Accounts. Distributions can only be made from traditional individual Retirement Accounts or Roth IRAs. Charitable donations from 403(b) plans, 401(k) plans, pension plans, and other retirement plans are ineligible for the tax-free treatment.

• Directly to the Charity. Distributions must be made directly from the IRA trustee payable to the charitable organization.

• No Gifts in Return. Donors cannot receive any goods or services in return for charitable IRA rollover contributions in order to qualify for tax-free treatment.

• Written Receipt. In order to benefit from the tax-free treatment, donors must obtain written substantiation from the charitable organization of each IRA rollover contribution. And, we are happy to do so.

Be sure to contact your tax professionals and IRA administrator if you are considering a gift under this law.