Humboldt State University

Gift & Estate Planning

Cash

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Some of the most common ways to make a gift to Humboldt State University are to write a check, make a gift using a credit card, or donate online.

gift of cash could be right for you if:

  • You want the easiest way to donate to Humboldt. 
  • You want the largest possible income tax charitable deduction for your gift.
  • You would like to make a gift to Humboldt that has the greatest immediate impact.

How it works

You make a gift of cash directly to Humboldt and you receive an immediate income tax charitable deduction.

How Your Gift Helps

Your gift will help Humboldt continue the academic principles that represent attributes of an academically integrated university, and provide a framework for accomplishing our collective vision and mission. This includes: 

Providing the best possible education for today’s world
Learning that occurs both inside and outside the classroom
Intellectual growth through scholarship, creative activities and research

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What is an outright gift of cash?
An outright gift of cash is when you transfer funds to Humboldt State University and get nothing of financial value in return. The most common way for donors to make an outright gift is to write a check payable to Humboldt State University.

Gift provides immediate support
Unlike some other gift arrangements, your outright gift will provide resources that Humboldt can put to immediate use. If you prefer to restrict our use of your gift in any way, please contact us so that we can be sure that we can carry out your wishes.   

Maximum tax savings
You may deduct the full amount of your donation up to 60% of your adjusted gross income, providing tax savings if you itemize. You may carry forward all of your unused deduction for up to five additional years.

Ways to give cash
Most donors make an outright gift by writing a check payable to Humboldt State University and mailing it to us. You may also make a cash gift using your credit card.

Example

Stan McNeil would like to make an immediate $15000 gift to Humboldt State University. Stan could write a check for this amount and earn a charitable deduction equal to $15000. Alternatively, Stan could make a gift using his credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and made via credit cards are considered cash gifts.

Benefits

  • Stan may deduct up to 60% of his adjusted gross income for her gift of cash, providing tax savings if he itemizes.
  • If Stan itemizes deductions but cannot use the entire deduction in the year of gift, he may carry the balance forward for up to five additional years. 
  • Assuming Stan itemizes deductions and can use his entire income tax charitable deduction of $15000, he will save him $5,550 (37% tax).
  • Stan will gain the satisfaction of making a $15000 gift to Humboldt.