Join us and help us build our annual fund; your gift helps us achieve our annual goals through the power of collective giving. Your unrestricted gift makes a significant difference in the student experience, and allows us to:
- Enable innovative curriculum development and provide the materials and technology needed to support it.
- Ensure the vitality of our Science Research program.
- Support our comprehensive and successful College Counseling program.
- Maintain an active commitment to community service and social justice, and supports our campus ministry programs.
- Provide numerous leadership and co-curricular opportunities to develop well-rounded young women who will become leaders in their communities.
The Annual Fund is conducted over the fiscal year, July 1st to June 30th.
For more information, contact the AHN Advancement Office at 518-438-7895 ext. 219 or nritinski@ahns.org or Elizabeth McGarry at 518-438-7895 ext. 603 or emcgarry@ahns.org.
Other Ways to Give to AHN
Matching Gifts
Many companies offer a Matching Gifts program for current and/or retired employees. These companies often match, dollar-for-dollar or more, an employee’s charitable gift to an educational institution. Eligible donors are urged to participate in their company’s Matching Gifts program as it multiplies the value of your gift to Holy Names. Don’t forget to check your spouse’s employer, too.
Many companies offer a Matching Gifts program for current and/or retired employees. These companies often match, dollar-for-dollar or more, an employee’s charitable gift to an educational institution. Eligible donors are urged to participate in their company’s Matching Gifts program as it multiplies the value of your gift to Holy Names. Don’t forget to check your spouse’s employer, too.
Academy of the Holy Names' Tax ID # is 14-1514566. Our NYS Exempt Organization ID # is 114443.
Donor-Advised Funds
If you have a donor-advised fund (DAF), you know it is a unique giving tool. At any time, you can recommend a distribution to us. Your gift comes from funds you have already set aside for charitable purposes; so, there is no impact on your current budget. Please let us know if you are considering a distribution from your donor-advised fund.
Donor-Advised Funds
If you have a donor-advised fund (DAF), you know it is a unique giving tool. At any time, you can recommend a distribution to us. Your gift comes from funds you have already set aside for charitable purposes; so, there is no impact on your current budget. Please let us know if you are considering a distribution from your donor-advised fund.
IRA distributions
In most cases, donors with individual retirement accounts must begin making withdrawals at a certain age and are subject to income tax. But the U.S. tax laws now permit donors to make charitable withdrawals from their IRAs of up to $100,000 per year starting at the age of 70 ½. If the donor transfers the IRA proceeds directly to a charity, the donor is relieved of any tax liability on the withdrawal. Speak to your financial advisor about this option. Please note that the CARES Act waives required minimum distributions in 2020.
We encourage our donors to consult with their professional advisors on the options above. If you have any additional questions, please contact Nora Ritinski or Elizabeth McGarry in the Advancement Office.
We encourage our donors to consult with their professional advisors on the options above. If you have any additional questions, please contact Nora Ritinski or Elizabeth McGarry in the Advancement Office.
In addition to the ways to give above, you can always make a gift online or mail a check to the Advancement Office at 1075 New Scotland Road, Albany, NY 12208.
Read our 2019-2020 Annual Report
CARES Act Information
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27 and effected tax law revisions for 2020 that are intended to promote charitable giving in the wake of the COVID-19 pandemic.
Two of the most significant changes affecting individuals include:
Two of the most significant changes affecting individuals include:
- Allowing non-itemizers (taxpayers who claim the standard deduction) to deduct cash contributions to public charities up to $300. The incentive applies to cash contributions made in 2020 and can be claimed on tax forms next year. Any amount you donate in 2020 under $300 can now be added to the standard deduction and, in turn, reduce your taxable income by that amount. This does not include donor advised funds (DAFs) or supporting organizations (SOs).
- For example: Were you to donate $100 to AHN, the amount of income taxed by the federal government would be reduced by $100. For someone in the 22% tax bracket, this donation would reduce your tax bill by $22 for 2020 all other things being equal. As such, a $100 donation to AHN would only cost you $78 as the other $22 would have been going to the IRS anyway
- Raising the limit on cash contributions to public charities by those who itemize deductions to 100% of adjusted gross income (AGI). The Act raises the existing cap from 60% of adjusted gross income to 100%. This does not include donor advised funds (DAFs) or supporting organizations (SOs).
- Were you considering a larger gift to AHN at some point? This one year adjustment to the tax code might be the opportunity you were looking for. It materially increases the amount that is deductible relative to your income providing a nice incentive for philanthropy in 2020.
We encourage our donors to consult with their professional advisors as to how the CARES Act provisions might impact their individual tax planning.
If you have any questions, please contact Nora Ritinski, Director of Institutional Advancement at nritinski@ahns.org.
If you have any questions, please contact Nora Ritinski, Director of Institutional Advancement at nritinski@ahns.org.
