Advancing Holy Family University
Advancing Holy Family University
Leadership Gifts to Blue & White Fund Two recent leadership gifts to the Blue & White Fund, Holy Family University’s Annual Fund, have provided a critical infusion of support for student financial aid. Due to the coronavirus pandemic, Holy Family has experienced an unprecedented increase in the financial aid need of our students. Holy Family University is grateful to trustee Albert Tantala, Sr. H ’18 and his wife, Jean, and former chair of the Board of Trustees, Anthony Szuszczewicz H ’11 and his wife, Mary Ann. Tantala is president of Tantala Associates, LLC, Engineers and Architects, a family business he founded in Philadelphia in 1966. Szuszczewicz is the former president and CEO of Polonia Bank. They have both served Holy Family and its students faithfully. According to James C. Garvey, EdD, vice president for University Advancement, “With these leadership gifts, our students and their families will be able to rely on the University more than ever before to help them continue their education.”
Recent Grants of Note Independence Blue Cross Foundation — $95,034 in support of nursing scholarships at the undergraduate and graduate levels. Pennsylvania Department of Education Governor’s Emergency Education Relief Fund — $102,000 in support of Holy Family University’s coronavirus pandemic response. Pennsylvania Department of Transportation Multimodal Transportation Fund — $560,000 to improve pedestrian and vehicular safety and circulation on the streets surrounding the Holy Family University campus.
CARES Act Expands Tax Deductions for Charitable Giving If you do not itemize deductions, you may nonetheless take an “above-the-line” deduction for up to $300 in cash gifts you make to Holy Family in 2021. As first enacted as part of the CARES Act in March 2020, this opportunity applied only to contributions made during 2020, and was limited to $300 even on joint returns. But with the further round of COVID relief enacted in December, it has been extended through 2021. Also, for contributions made on or after January 1, 2021, joint filers will be able to claim up to $600 “above the line.” For more information, please consult your tax or financial advisor.
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WINTER 2021
