Question: Can I make a charitable gift for my travel or sponsored activities, or to a fund that I control and take an income tax deduction?
Answer: No, this type of gift is not considered a charitable gift by the IRS because the contribution is for a private benefit. For example, contributions directed for the purchase of equipment, or furnishings for offices or laboratories of specified individuals; or for their travel or sponsored activities; or contributions to an account over which the transferor/donor has expenditure control do not qualify under IRS guidelines as a charitable gift. As a result, the University will not issue a gift receipt.
Conversely, when faculty members contribute to a department discretionary account over which they have no expenditure control (e.g., have no signing authority), their gifts are considered charitable gifts and the University can issue gift receipts.
If you have a further question on this issue, please contact the Office of General Counsel at 734-647-6095.
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