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  • For donations of $250 or more, a donor does need a written acknowledgement from UConn to take a deduction on their tax return.

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  • The Foundation can assist in issuing acknowledgements. For donations of less than $250, a written acknowledgement is not required, although donors may like to receive a letter to acknowledge their donation.

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  • If a donation involves something other than cash (e.g., art, science equipment), then additional acknowledgment rules come into play.

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  • Guidance re: non-cash gifts, is located here

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  • Donating funds from a University account (e.g. 4-Ledger Revenue Account) to create a Foundation Account - this is not allowed. The Foundation may only accept charitable donations, University revenue may not be used to set up funds, this is addressed in CT State Statute 4-37g.

  • Charitable contributions intended for endowed funds are not subject to the one-time gift fee. An endowed gift of $25,000 will generate approximately $1,000 per year based on the 4% spending allocation.