Why an Endowed Fund?
Endowments provide a steady, consistent and permanent source of income. Endowed funds differ from others in that the total amount of the gift is invested. Each year, only a portion of the invested income earned is spent while the remainder adds to principal growth. In this respect, an endowment is a perpetual gift. Always equated with excellence and long-term strength, endowments are absolutely essential if we are to remain leaders in education, research and outreach. Tax Advantages Your contribution to Michigan State University designated for the China Programs Endowment Fund may cost you less than your realize. Contributions to higher education are deductible from you federal income tax when filing the IRS 1040 form and itemizing your deductions. If you are a Michigan resident, your contribution may also qualify for a tax credit under Michigan income tax laws. Please consult with your persona or corporate tax advisor for specific details about how a gift may affect you. Planned Gift