Holiday Hours & End-of-Year Giving
It’s that time of year again—time for sharing merry moments with family and friends. As you prepare for the holidays, consider the year-end giving tips below. We know how important the last few days of 2020 will be for meeting tax deadlines, and we are here to help make the process as easy as possible.
Please note the WSU Foundation’s 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. 24 – Dec. 25: Closed.
Dec. 28 – Dec. 31: Although Washington State University 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., on weekdays. If you would like to give a gift of appreciated stock or discuss your year-end giving plans to benefit WSU, please call 800‑448‑2978 or 509‑335‑1686.
Jan. 1: Closed.
Jan. 4: Resume normal operations.
Remember, only gifts made by Dec. 31 can help reduce your 2020 taxable income. Please keep the following in mind and consult your tax advisor for specific details:
For a gift to be complete during the 2020 Tax year:
- Make sure your gift is received by the WSU Foundation or postmarked no later than Dec. 31, 2020. 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.
- Making a gift 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. In order to receive a 2020 charitable income tax deduction, credit card gifts must be processed against your account in 2020. Complete your online gift on or before 11:59 p.m. (PST) on Dec. 31, 2020. The WSU Foundation accepts Visa, MasterCard, Discover, and American Express. The date your account is debited is considered the date of the donation.
- Gifts by IRAs/Qualified Charitable Distributions:
Please ensure your IRA administrator postmarks the distribution by Dec 31; if you are sending the IRA administrator’s distribution, it must postmark by Dec 31; and for those IRAs with check writing privileges, the check needs to arrive in plenty of time for us to receive, cash, and clear the bank by Dec 31. Please contact the gift planning team at firstname.lastname@example.org or 509‑335‑7883 if you have any questions.
- Gift Planning Team Availability:
During the holiday closure week of December 28th-31st, Amanto Marcotuli will be available to answer your questions. Please feel free to contact him at 360‑546‑9243 or email@example.com.
Gifts by check or money order may be mailed to:
PO Box 641927
Pullman, WA 99164-1927
Note: Gifts may be hand-delivered to the WSU Foundation Town Centre Monday through Friday between 9-4. When you arrive, please call Gift Accounting at 335-1686 and we will meet you at the door.
Gifts of Stock
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 make a gift of stock or to discuss your year-end gift to WSU, please call 800‑448‑2978 or 509‑335‑1686.
Thank you for your generous support of Washington State University throughout the year. Have a wonderful holiday season!
Your friends at the WSU Foundation