Cash and cash equivalents are the gift of choice for most donors, either as an annual gift or pledged over a period of several years. A cash gift entitles the donor to a charitable deduction of up to 50 percent of adjusted gross income. If all deductible gifts in that year exceed the 50-percent limit, the excess amount may be carried over as a deduction for up to five years. Checks should be mailed along with a letter outlining the purpose of the gift.
While most donors send personal checks, SC State University also accepts cash gifts by wire transfer. To be sure that your gift is properly credited, follow the guidelines below.
You can use your credit card to make a gift to SC State University, which entitles you to the same income-tax deduction as a gift of cash. Credit-card gifts can be made by mail using your school's annual pledge card, by telephone at (803) 536-8742 or toll-free at 1-877-353-7107
- Home
- Give to SC State
- Ways to give to SC State University
- Gifts of Cash