Merton College Charitable Corporation
       Giving to the Merton College
            Charitable Corporation

Gifts may be made to the Merton College Charitable Corporation (MC3) at any time during
the year.  MC3 is a tax-exempt organization under Section 501(c)(3) of the Internal
Revenue Service (IRS) code.  All donations are tax-deductible subject to standard IRS
regulations.  A copy of MC3’s IRS exemption letter is available upon request at
sstukane@georgemckelveyco.com.  Donor procedures for Canadian Mertonians are
described below.





                          HOW TO MAKE A GIFT TO MC3

Most Mertonians donating to MC3 do so by writing personal checks and sending them to us
directly.  Gifts of appreciated property (such as stocks) may be made by contacting the
Treasurer.  You  may also use PayPal, a leader in safe online payments around the world that
provides a secure transaction environment.  

Annual Giving

For U.S. Donors - Cash donations are fully tax deductible up to 50% of the donor’s adjusted
gross income (AGI) as defined by the IRS.  The deductions for the donations not utilized in
one year may be carried forward.  Tax-deductible donations can also be made in
appreciated assets such as securities, artwork, real estate, etc.  Some of those donations
will require appraisals, so the donor should consult with the Treasurer in advance.  All gifts
will be acknowledged in the appropriate IRS format .

For Canadian Donors - All donations to Merton College are tax-deductible. The University of
Oxford represents an educational institution specifically designated for charitable status
under the Income Tax Act (Canada) and Regulations [Section 3503] thereto. In line with
these regulations, Canadians may make a donation in two ways:

(1) Checks may be made payable to The University of Oxford Development Trust and sent
to MC3 for recording and forwarding to the Merton College Development Office, or you
may send it directly to the Merton College Development Office. Please download and
print a
donation form and include it with your check.

(2) If you would prefer the convenience of making an on-line donation by credit or debit
card, please visit the University of Oxford
Online Giving pages, note how you wish to
allocate your donation and follow the prompts. Remember to check the box indicating
that you are a Canadian taxpayer and would like the University Development Office to
issue a tax receipt. Please note the University can only process credit card donations in
sterling.  

Whichever method you use, you will be issued a tax receipt by the University Development
Office in due course, usually within two months of the gift being made.

Recurring (Subscription) Giving
To make it easier to incorporate your charitable donations within your budget, you may
make recurring gifts using the MAKE A GIFT TO MC3 link above.  Automatic payments that
fit your budget are available once a month for 12 months.  Your automatic payments
(subscription) may be cancelled at any time by returning to the
donation page and
clicking on "
UNSUBSCRIBE."

Matching Gifts
Many companies offer employees a matching gift that can increase your gift to MC3.  
Contact your company’s human resources department to find out if your employer
participates in this gift program.  

Bequests
Remembering Merton in one’s Will is a major source of MC3’s support.  Bequests should be
designated to the Merton College Charitable Corporation.  Such bequests will not be
taxed in the donor’s estate and thus will not generate tax liability for other heirs if the will is
drawn properly.  If you have any questions, please consult the
Treasurer.

Life Gifts/Annuities/Charitable Trusts
For some persons, it may be both practical and economically beneficial to consider
making a gift to MC3 during their lifetime through estate planning mechanisms such as
annuities, charitable trusts, life insurance, etc.  For example, a person may own a stock with
a large capital gain that pays a low dividend.  The individual may want more income, but is
reluctant to sell the stock and pay a large capital gains tax.  In general terms, it is possible
to donate the stock to MC3 and have MC3 sell the security without tax as a tax-exempt
organization.  MC3 can then reinvest the proceeds for the benefit of the donor during the
donor’s lifetime and generate significantly more income.  In addition, the donor will
receive an immediate tax deduction for the charitable donation based upon age. The
same mechanisms can be used for other appreciated assets generating little income such
as land, art, etc.

In general, gifts must exceed $50,000 to qualify for this type of charitable trust.  MC3 will
handle the paperwork.  Each individual’s circumstances are different and must be
examined with his or her investment and legal advisors.  
If you believe such an action might be
of interest, please contact the
Treasurer.



For further information, please contact:

Mr. R. G. McKelvey
Vice President/Treasurer
rmckelvey@georgemckelveyco.com
Merton College Charitable Corporation
529 Washington Blvd
Sea Girt, New Jersey 08750
USA
Tel  732 449 5323
800-449-5322