Allen ’78 and Cheech Marx first met in Oneonta as students at SUNY Oneonta and Hartwick College, respectively. Their deep commitment to philanthropy has led them to establish the Marx Family Foundation, which supports several scholarships at SUNY Oneonta, including the Marx Family Scholarship for Community Service and the ITK Scholarship.
One of the key ways the Marx family supports these causes is through the use of their family foundation and donor-advised fund (DAF). By making their gift using a DAF, they can request grants that align with their charitable priorities while enjoying several key benefits:
- Tax Advantages: Contributions to a DAF qualify for an immediate tax deduction, enabling donors to maximize charitable impact while reducing tax liability.
- Flexibility: Donors can recommend grants to their chosen charities over time, supporting both immediate and long-term initiatives.
- Enduring Legacy: Donors can designate the SUNY Oneonta Foundation as a beneficiary of their DAF—either for the entire account or a percentage—while naming loved ones as successors to guide future grant recommendations.
You can join the Marx family in making a meaningful difference in the lives of SUNY Oneonta students and the broader community. Consider creating a family legacy of giving by establishing a donor-advised fund today.
How Your Gift Helps
Your planned gift to SUNY Oneonta helps us continue our excellence in education Among many things, your support will help us continue to foster our three core values:
Inclusivity — making sure that everyone feels welcome here;
Service — committing to making a difference in the lives of others; and
Sustainability — stewarding resources to foster a just community in ecological balance.Contact
Have you included us in your plans?
Contact
Amy Rockwell
Director of Gift Planning
009 Alumni Hall
108 Ravine Parkway
Oneonta, New York 13820
Amy.Rockwell@oneonta.edu 607-436-2481
Legal Name: State University of New York at Oneonta Foundation Corporation
Federal Tax ID: 22-2403203
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
