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

A gift of cash could be right for you if:

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

How It Works

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

 

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What is an outright gift of cash?

An outright gift of cash is when you transfer funds to Nicholls State University Foundation 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 Nicholls State University Foundation.

Gift provides immediate support

Unlike some other gift arrangements, your outright gift will provide resources that Nicholls Foundation 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, after your total itemized deductions for the year exceed 0.5% of your Adjusted Gross Income. If you cannot deduct the full value of your contribution, you may carry forward your unused charitable deductions for up to five additional years.

Ways to give cash

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

Example

Ethel Mullen would like to make an immediate $15,000 gift to Nicholls State University Foundation. Ethel could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Ethel could make a gift using her credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and gifts made via credit cards are considered cash gifts.

Benefits

  • Ethel may deduct up to 60% of her adjusted gross income for her gift of cash, providing tax savings if she itemizes.
  • If Ethel itemizes deductions but cannot use the entire deduction in the year of gift, she may carry the balance forward for up to five additional years.
  • Assuming Ethel itemizes deductions and can use her entire income tax charitable deduction of $15,000, she will save her $5,250 (35% tax).
  • Ethel will gain the satisfaction of making a $15,000 gift to Nicholls Foundation.

How Your Gift Helps

Your planned gift to the Nicholls Foundation help foster the future of Nicholls State University. Among many things, your support will help us:

white building with a green house next to it continue to be a family-oriented and diverse campus, and the only University serving the Bayou region;
 
swimming pool in the dormitory house complex aspire to be the intellectual, economic and cultural heart of the Louisiana Costal Community;
 
side walk lined by an iron short fence and blooming rose bushes and trees that are casting long shadows provide students with access to the academic and financial resources necessary to thrive in careers and life.