Contributions are tax deductible to the extent the law allows.
If you work for a matching gift company, your donation may be doubled or tripled. Endowments are permanent funds invested by the university, with fiver percent of the fund's market value available for use each year. Interst earnings beyond this five percent are applied to the principal, thus growing the endowment each year and ensuring the fund keeps pace with inflation. Gifts of stock or other kinds of assets may also be used to create significant endowments and gifts and may help you save taxes. Such a gift may help you utilize significant tax savings.