A cash gift may be made by cash, check or money order, or credit card. Cash is the simplest, most direct and most popular type of charitable gift. A gift of cash is considered made on the date it is mailed or hand-delivered, and because of the charitable tax deduction, the net cost to a donor can be much less than the actual amount of the gift.

By way of example, the net cost of a $1,000 cash gift to a donor in the 31% marginal tax bracket is only $690 after his or her $310 tax savings. A cash gift is deductible up to 50 percent of a donor's adjusted gross income. Any amount in excess of the 50 percent ceiling can be carried over for five years.

If donating in cash, please contact our office for information. If donating by check or money order, please send your donation to the address below and include your name, address, phone number, e-mail address and year of graduation (if applicable). If donating by Visa or MasterCard, please click here.

NYIT Office of Development
Northern Boulevard
Old Westbury, NY 11568