Cash Gifts
A gift of cash is the most popular type of gift, and is most often made by check. But you can use your credit card to make a cash gift, too – the easiest way to make a cash gift by credit card is to simply call the person at the telephone number listed at the end of this section.
Features & Benefits of Making Gifts of Cash
Charitable deduction. For federal income tax purposes, the value of your charitable deduction for a cash gift to Campbell – whether in the form of currency, check, or credit card – is its face value. A gift by currency or by check is deemed made on the date it is hand-delivered to the University; or if mailed, the date on the postmark on the envelope. A gift by credit card is deemed made on the date the charge is authorized – even though the bill is not paid until a later time. Pledges are not deductible until paid.
Deductibility. Cash gifts to Campbell are deductible up to 50% of your federal adjusted gross income for the year – and if your cash gifts exceed that 50%, then you may deduct the excess over the following five years, again up to 50% of your adjusted gross income for each carry-over year.
How it’s done. Mail your cash gift to:
CAMPBELL UNIVERSITY
ADVANCEMENT OFFICE
P. O. BOX 116
BUIES CREEK, NC 27506
When making a cash gift, we invite you to use the Printable Donation Form …
By printing and completing the form and mailing it to the address above along with your cash gift (unless credit card gift), you can:
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establish a pledge of additional future gifts,
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make a credit card gift (on the form itself),
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provide us with information concerning the matching gift program of your employer, and
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make sure your gift is properly designated for the purpose in which you are most interested.
Contact person. If you have any questions about cash gifts, please call The Advancement Office, at 1-800-334-4111, extension 1215; or email Shelia Cratch at cratchs@campbell.edu.
