Cash or Credit Card
Gifts of cash are the most common form of contribution to Eastern Michigan University. A gift of cash is easy to do, and the gift is not subject to gift or estate taxation.
A cash gift entitles you to a charitable deduction of up to 50 percent of adjusted gross income. If all deductible gifts in a year exceed the 50 percent limit, you may carry the excess amount over as a deduction for up to five years.
For example, Edna has an adjusted gross income of $50,000 this year. She contributes $35,000 to Eastern Michigan University. She may deduct $25,000 this year and carry forward $10,000 to deduct next year.
Pledges
Pledges provide you an opportunity to make a larger gift than you otherwise thought possible by committing your gift over a period of three to five years. Ideally your pledge should be documented in writing.
EMU Foundation On-line Giving Form
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