Cash gifts offer a tax deduction for the full amount of the gift in the year it is made.
Checks – Checks made payable to Wilkes University should be sent to the Office of Annual Giving, Wilkes University, 84 West South Street, Wilkes-Barre, PA 18766. Your contribution will be credited to the Annual Fund unless otherwise indicated. Checks must be postmarked, or delivered in person, by December 31 in order to be eligible for a charitable deduction on income tax returns for that year. Checks must be postmarked, or delivered in person, by May 31 in order to count for a gift during the University’s fiscal year.
Credit Card – Wilkes accepts Discover, Visa and MasterCard. Make a gift online at any time or call the Office of Annual Giving at 800/WILKES-U Ext. 4331 during business hours to make a credit card gift by phone. Credit card gifts must be received by December 31 in order to be eligible for a charitable deduction on income tax returns for that year, or by May 31 in order to count for a gift during the University’s fiscal year.
Publicly Traded Stocks or Securities - Much like cash, gifts of stock are tax deductible at full fair market value if held for at least a year. The donor is not taxed on long-term capital appreciation. For further information about transferring stocks or securities, please contact Evelyne Topfer, Director of Advancement Operations, at 570-408-4309 or via email at email@example.com.
A matching gift is one that a company donates to match the charitable gift of an employee (or their spouse/partner). Most often, corporations match charitable donations made by active employees however many also match for retirees as well. If you or your spouse/partner are associated with a matching gift company, your gift could double or even triple in amount, depending on the corporation's policy. To check your company's eligibility and policies, see Matching Gifts.