You can increase your level of giving by combining your contribution with matching funds from your employer. If your employer will match gifts to NIU Athletics, please enclose your employer’s form with your contribution. Matching gifts must be received by June 15th to count for your 2016 Annual Giving Level benefits.
GIFTS OF SECURITIES
Stocks, bonds, mutual funds, etc. are accepted in partnership with the Northern Illinois University Foundation.
Contributions received for NIU Athletics will be processed upon receipt. Contributions made for annual priority seating benefits will be credited to the ticket holder on record. However, the individual making the contribution will have their gift processed and tax receipt issued by the NIU Foundation.
All contributions to NIU Athletics are considered gifts to Northern Illinois University and are credited at full value for purposes of the donor’s gift record at the Northern Illinois University Foundation. Any contribution that entitles the donor to purchase tickets is 80% deductible for income tax purposes, according to IRS Code Section 170 (I). In addition the IRS has ruled the 80% portion of your contribution is only tax deductible to the extent it exceeds the value of any additional benefits received. Individuals who make a contribution to NIU Athletics will be issued a tax receipt by the NIU Foundation.
WAIVER OF BENEFITS
For 100% tax deductibility of your contribution you must decline your right to receive any benefits at the time you make your contribution.