Frequently Asked Questions
From midnight to midnight on Tuesday, May 7, MMI is having our annual virtual fundraising campaign! This is a day when we can all come together to support MMI’s current students with gifts towards The Scholarship Fund.
The Decades Challenge is a friendly competition between decades for the greatest participation and amount given. Bragging rights and recognition go to the top performing decade that has the most participation and greatest amount raised!
- Alumni give to their decade
- Parents give to their children’s graduation decade
- Faculty and staff give to the decade they started working at MMI
- Friends of MMI give to a decade that means something to them
Become a Day of Giving Ambassador! Ambassadors are alumni, parents, faculty, staff, students, and friends of MMI who are sharing our effort on their social media, reaching out to friends, and making a gift of any size. Spread the word about MMI’s Day of Giving and share our message via Facebook, Text or Email!
Yes. To donate by mail, please make checks payable to MMI and include Annual Giving in the memo section. Our mailing address is: MMI Preparatory School, 154 Centre Street, Freeland, PA 18224. To donate by phone, call (570) 636-1108. We are happy to facilitate your donation! To donate by
phone, call (570) 636-1108. We are happy to facilitate your donation!
All gifts made to MMI are 100% tax deductible. After you make your gift online you will receive a receipt via email!
Please contact Kim McNulty, Director of Advancement, at (570) 636-1108 or email kmcnulty@mmiprep.org.
Cryptocurrency Frequently Asked Questions
Cryptocurrency has found its way into national headlines, business courses, social media, television, and the Internet as the currency of the future. Now, it is making its debut as a form of giving at MMI!
Donating cryptocurrency to MMI has several advantages. It’s a convenient and secure way to give to your favorite causes and help change students’ lives. As with any other gift type, donating crypto qualifies you for the tax benefits associated with a charitable contribution.
Donating cryptocurrency is also one of the most tax-efficient ways to support our School. Since the IRS considers cryptocurrency to be a noncash asset (property), a direct charitable donation is a non-taxable event. In other words, you avoid paying the capital gains tax you would incur if you just outright sold your cryptocurrency for more than you bought it for (an appreciated asset). Avoiding the capital gains tax through a direct donation also means that your gift to MMI is maximized.
First, if you wish to deduct the donation on your taxes, you must properly include your name, email and mailing address on the online giving form so MMI can send you the proper paperwork.
For crypto donations valued over $250, a standard noncash donation receipt from MMI will be required. An electronic version will be sent to you immediately once the donation has been completed.
For crypto donations valued over $500, you also must file Form 8283 (Noncash Charitable Contributions).