Tax Deductible Giving
Gifts to the University of Nebraska Foundation are tax deductible in the manner and to the extent provided in Section 170 of the Internal Revenue Code. The University of Nebraska Foundation (EIN: 47-0379839) is exempt from federal income tax under the provisions of Section 501(c)(3) of the Internal Revenue Code of 1986.
UNF Charitable Solicitation Disclosure
The University of Nebraska Foundation is a 501(c)(3) tax-exempt public charity soliciting private contributions for the benefit of the University of Nebraska and its affiliates, including the UNF Charitable Gift Fund. Information about the foundation can be found at nufoundation.org. The foundation is registered to solicit charitable contributions in all states which require it. If you are a resident of one of the following states, you may obtain registration and financial information by contacting:
California
The University of Nebraska’s financial statement is available upon request to the University of Nebraska Foundation. 100 percent of your gift less the fair market value of any materials received, may be deducted under federal and state income laws.
Maryland
A copy of the current financial statement of the University of Nebraska Foundation is available by writing 1010 Lincoln Mall, Lincoln NE 68508 or by calling (402) 458-1100. Documents and information submitted under the Maryland Solicitations Act are also available, for the cost of postage and copies, from the Maryland Secretary of State, State House, Annapolis MD 21401, (410) 974-5534.
Minnesota
100 percent of your gift, less the fair market value of any materials received, may be deducted as a charitable contribution under federal and state income laws.
New Jersey
INFORMATION FILED WITH ATTORNEY GENERAL CONCERNING THIS CHARITABLE SOLICITATION AND THE PERCENTAGE OF CONTRIBUTIONS RECEIVED BY THE CHARITY DURING THE LAST REPORTING PERIOD THAT WERE DEDICATED TO THE CHARITABLE PURPOSE MAY BE OBTAINED FROM ATTORNEY GENERAL OF THE STATE OF NEW JERSEY BY CALLING 973-504-6215 AND IS AVAILABLE ON THE INTERNET AT http://www.state.nj.us/lps/ca/charfrm.htm. REGISTRATION WITH THE ATTORNEY GENERAL DOES NOT IMPLY ENDORSEMENT.
New York
A copy of our most recently filed financial report is available from the Charities Registry on the New York State Attorney General’s website (www.charitiesnys.com) or, upon request, by contacting us at 1010 Lincoln Mall, Lincoln NE 68508 or by visiting our website. You may also obtain information on charitable organizations from the New York State Attorney General at www.charitiesnys.com or by contacting (212) 416-8686.
Pennsylvania
The official registration and financial information of the University of Nebraska Foundation may be obtained from the Pennsylvania Department of State by calling toll free, within Pennsylvania, 1-800-732-0999. Registration does not imply endorsement.
Washington
The official registration of the University of Nebraska Foundation may be obtained from the Washington Secretary of State at 1-800-332-4483 or http://www.sos.wa.gov.
Operational Funding and Expenses Policy
The University of Nebraska Foundation is a private corporation, independent of the University of Nebraska, and does not receive any direct funding from the university for operations. Funding for our operation comes from the following sources. None of the fees charged by the foundation affect the donor’s tax deduction.
Endowed Gifts
An annual fee of 1.25% is charged on the average market value of the foundation’s endowment. In addition, expenses associated with the endowment’s professional investment managers, advisers and administrators are charged to the endowment.
Capital Project Gifts
The foundation does not charge a fee on gifts given to capital projects when fundraising costs are included as project expenses in the program statement approved by the Board of Regents. If cost recovery is not included in the program statement or there is no program statement, non-endowed gifts to capital projects are assessed a 4% advancement fee.
Expendable Gifts
Effective March 1, 2020, expendable gifts will have a 4% advancement fee applied at the time the gift is received. On non-cash gifts, the fee is taken at the time the gift is liquidated but is calculated on the value at the time of the donation. The advancement fee does not apply to:
- non-cash gifts retained for use by the university, including but not limited to real estate for educational research or artwork for educational research or display;
- up to five years of pledge payments documented by a signed pledge agreement prior to March 1, 2020;
- donations to establish a charitable remainder trust or charitable remainder gift annuity;
- expendable gifts for certain capital projects (see Capital Project Gifts);
- the portion of a single gift or pledge in excess of $5 million;
- gifts from any donor who has exceeded cumulative giving of $50 million or more; and
- gifts given for the exclusive support of the University of Nebraska–Lincoln Department of Intercollegiate Athletics.
Planned Gifts
The NU Foundation may serve as a trustee of charitable remainder unitrusts and annuity trusts (collectively, CRTs) and it offers charitable gift annuity contracts (CGAs). CRTs or CGAs managed by the foundation are not charged a trustee or administrator fee; however, any professional fund manager or adviser fees are charged to the CRT or CGA.
Third-Party Expenses
In limited circumstances, the foundation utilizes third parties to assist with fundraising. Expenses for these services may be assessed to the resulting donations.
Last revised: March 1, 2021
Endowment Distribution Policy
The foundation has a distribution policy for its permanently endowed funds. The annual distribution from the endowment is 4.25% of the 20-quarter average of the endowment market value as of June 30. The distribution is proportionally credited to each fund within the endowment. The distribution is used for the specific charitable purpose identified by the donor for the endowed fund.
Last revised: December 27, 2019
Community and Social Media Guidelines
The University of Nebraska Foundation values social media and its role in fostering discussion and engagement about the foundation and its mission. The foundation strives to respond to all online inquiries in a timely manner. We ask members of the community to exercise courtesy when posting and treat members with respect. Profanity and abusive language are not permitted. Comments, posts, or photos that are illegal, obscene, defamatory, threatening, infringing of intellectual property rights, invasive of privacy, or otherwise injurious or objectionable will be removed.
