It’s that time of year again—time for sharing merry moments with family and friends. As you prepare for the holidays, consider these year-end giving tips below. We know how important the last few days of 2016 will be for meeting tax deadlines, and we are here to help make the process as easy as possible.
Please note our hours of operation through the end of the year:
Dec. 1 – Dec. 23: Normal operation (8:00 a.m. to 5:00 p.m.)
Dec. 26 – Jan. 2: WSU and the WSU Foundation will be closed (but see below). Giving online using the WSU Foundation’s secure site is an easy way to make your year-end gift using a credit or debit card any time, day or night. Note: Online gifts may be made as late as 11:59 p.m. on Dec. 31 to receive tax credit for 2016.
Dec. 28 – 30: Although WSU and the WSU Foundation will be closed, WSU Foundation gift accounting and gift planning staff will be available by phone from 8:00 a.m. to 5:00 p.m. If you would like to give the University a gift of appreciated stock or discuss your year-end gift to WSU, call 1-800-448-2978.
Thank you for your generous support of Washington State University. May you have a wonderful holiday season.
Year-End Giving Tips
Remember, only gifts made by Dec. 31 can help reduce your 2016 taxable income. Please keep the following in mind and consult your tax advisor for specific details.
To Receive 2016 Tax Credit:
- Make sure your gift is dated and postmarked no later than Dec. 31, 2016.
- Complete your online gift on or before 11:59 p.m. (PST) on Dec. 31, 2016. We accept Visa, MasterCard, and American Express.
The date you deliver or mail your donation is generally recognized as the gift date for tax purposes. Please note, the date on the actual check or money order is not recognized by the IRS as proof of your intent to give on a particular date. Gifts by check or money order may be mailed to:
PO Box 641927
Pullman, WA 99164-1927
Note: Gifts can be hand-delivered to the WSU Foundation Town Centre Suite 201 during hours of operation.
The date your account is debited is considered the date of the donation. In order to receive a 2016 charitable income tax deduction, credit card gifts must be processed against your account in 2016. Please make sure to make your gift online using your Visa, MasterCard, or American Express.
Gifts of Stock:
Have your stocks gone up in value this year? Consider making a simple and tax-wise gift of appreciated stock. Please note that mutual fund shares may take several weeks to transfer, and the gift is not considered complete until the shares are received in the WSU Foundation’s account. To give the University stock or discuss your year-end gift to WSU, please call 1-800-448-2978.