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Do gifts to the WIU Foundation qualify as an income tax deduction?

April 26, 2017deduction foundation gifts qualify wiu

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Do gifts to the WIU Foundation qualify as an income tax deduction?

1 Answer

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10 Posted

The WIU Foundation is a not-for-profit (or charitable) 501 (c) (3) organization. Contributions to the WIU Foundation are tax deductible in the manner and to the extent provided by section 170 of the internal revenue code. It is recommended that you consult your tax advisor regarding the exact deductibility of gifts to the WIU Foundation.