Some of the most common ways to make a gift to St. Thomas University 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:
How it works
You make a gift of cash directly to STU and you receive an immediate income tax charitable deduction.
What is an outright gift of cash?
An outright gift of cash is when you transfer funds to St. Thomas University 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 St. Thomas University.
Gift provides immediate support
Unlike some other gift arrangements, your outright gift will provide resources that STU 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, providing tax savings if you itemize. You may carry forward all of your unused deduction for up to five additional years.
Ways to give cash
Most donors make an outright gift by writing a check payable to St. Thomas University and mailing it to us. You may also make a cash gift using your credit card.
Peggy Cooper would like to make an immediate $15,000 gift to St. Thomas University. Peggy could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Peggy 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.