These gifts are fully deductible for federal income tax purposes, subject to the limitations placed on charitable gifts. For residents of the State of Michigan, these gifts also qualify the donor for a state tax credit.
Many donors choose to make current gifts in the form of common stock or other securities.
These transactions are coordinated through the Treasurer's Office at the University. Sometimes items of personal property that have value to the University are donated as gifts by donors. Matching Gifts To encourage employees to make charitable gifts, many corporations agree to match personal donations with an equal or greater corporate contribution. Rules about the type of gifts that companies will match vary. Donors should check with the appropriate company department to see if a gift qualifies for a corporate match.