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Gifts of Cash

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 Foundation also accepts cash gifts by wire transfer. (See ACH Debit Authorization Form)

You may also use your credit card to make a gift to SC State University Foundation, which entitles you to the same income-tax deduction as a gift of cash. Credit-card gifts may be made by mail using the annual fund pledge card, by calling (803) 536-7190. The mailing address of the SCSU Foundation is SCSU Foundation PO Box 7187 Orangeburg, SC 29117.