Make a Gift to the Ferris Foundation
Private support is critical to maintaining the level of high-quality education programs
at Ferris State University. Your gift can be designated for academic, cultural or
athletic programs or other areas of your choice. Unrestricted gifts are especially
helpful. These gifts are used in the areas of greatest need, and give Ferris the flexibility
it needs to take advantage of opportunities it may not be able to otherwise.
Gifts to the Ferris State can be made in the following ways:
- Gifts of appreciated property (securities and real estate) held for more than a year
are deductible up to 30 percent of your adjusted gross income with no capital gains
tax on the appreciation. The deduction is based on the fair market value of the property
given.
- Gifts of appreciated property held for less than a year are deductible only up to
your cost basis in the property with limit of 50 percent of your adjusted gross income.
- Gifts-in-kind (equipment, materials, supplies, books) are deductible at the full fair
market value if they are related to the educational programs and activities of the
University and have been held for more than one year by the donor. Unrelated gifts-in-kind
may also be made, but the deduction is effectively your cost basis in the property.
(Instructions for Faculty Staff)
