Tax efficient giving to Maynooth College

Tax efficient giving to Maynooth College

The tax-efficient ways of making gifts are as follows:

Republic of Ireland: Make cheques payable to Saint Patrick’s College, Maynooth.

  • Payments of €250 or more are Tax deductible.
  • St Patrick’s College can claim the tax paid on your gift of 31% regardless if you are a PAYE or Self Assessed taxpayer.
  • Companies can still claim their donations as an allowable expense.
  • Please download and return the Chy3 Enduring Certificate - this form valid for 5 years

Northern Ireland & UK: Make cheques payable to Maynooth Educational Trust.

  • Maynooth Educational Trust will reclaim the tax you have paid on your donation at the standard rate of 25%.
  • On receiving your donation, we will provide you with a Gift Aid Declaration which you will sign and return to us, to enable us to reclaim the tax.
  • In addition, if you pay tax at the higher rate, you can reclaim the tax difference between the 40% that you have paid and the 25% rate.

U.S.A.: Make cheques payable to Irish Educational Development Foundation (IEDF).

  • Saint Patrick’s College, Maynooth receives tax-deductible support from US benefactors through the Irish Educational Development Foundation Inc.
  • Gifts made to the IEDF are deductible for US income tax purposes. The IEDF fulfils its duties and obligations as a US tax-exempt organization under section 501(c)(3) of the Internal Revenue Service Code.