Tax Policies

Donations are tax-deductible

You donation to the University is:

• Tax deductible to the extent provided by law
• Not pre-tax - the IRS requires payroll taxes be paid on all donations
• Deducted at the end of the year on your income taxes, as allowed by law
• Deducted in the same way as any other donation you make to a qualified, 501 (c)(3) nonprofit organization

Your tax receipt

You will receive a tax receipt letter in January from the Office of Development Office for gifts made in the previous calendar year for:

• Payroll contributions deducted during the previous calendar year (your last calendar year payroll stub will also indicate your total payroll deductions)
• One-time donations paid by credit card (or check) during the previous calendar year