The easiest, most common way for you to support Bryant University is with cash gifts—typically gifts by check.
When you make a cash gift by currency, credit card or check to Bryant University today, we both benefit. Your generosity enables us to meet our most urgent needs and carry out our mission on a daily basis. Your benefits include:
- The ability to choose how your gift is used.
- The opportunity to see the results of your generosity.
- An immediate charitable deduction on your federal income taxes, when you itemize.
Bryant offers two options for giving:
Option 1: Make a one-time gift to Bryant University
Option 2: Make a recurring gift to Bryant University
How to Document Your Gift
For gifts by check of less than $250, a copy of the check is sufficient documentation. For a check of $250 or more, you should obtain a receipt from the charity.
For other contributions, be sure to get a written acknowledgement of your gift from Bryant University. It must include:
- The amount of cash contributed.
- Whether you received any goods or services in exchange for the gift.
- A description and good faith estimate of the value of any goods or services you received in return.
How to Figure Your Maximum Charitable Deductions
Generally, the maximum deduction for cash gifts is 50 percent of your adjusted gross income. If filing jointly, use your aggregate adjusted gross income. Any excess deduction may be carried over for up to five additional years.
Example: Figuring Your Benefits
Donor profile: Richard plans to make a $1,000 cash gift to a qualified charitable organization. Richard's annual adjusted gross income is $45,000.
Any donor with gifts to Bryant totaling $1,000 or more in the fiscal year qualifies for membership in the President’s Leadership Council. Membership can be made with a one-time gift or through smaller monthly donations.
|Taxes saved [Richard's combined state and federal marginal income tax rate (28%) x his gift amount ($1,000)]||$280|
|Net cost of gift (gift amount - taxes saved)||$720|
Bryant alumni, parents, and friends have generously given so that the legacy of this great University can continue to thrive. Even though you are no longer going to class in the Unistructure or eating breakfast in Salmanson, you have shown that you still are an integral part of Bryant's forward momentum.
Through their support, Bryant alumni, parents, and friends have come together to enable many more deserving students to have rewarding experiences at Bryant University. Your gift, no matter the size, is really the gift of education, friendship, and growth. Thank you!