Quid Pro Quo Contributions

Contributions in which the donor receives any goods or services in exchange for their contribution is a quid pro quo contribution.

Quid pro quo contributions are deductible to the extent that the contribution exceeds fair value of the goods or services received from the university. If the goods or services are inconsequential in value, the entire contribution is deductible.

When the university receives a quid pro quo contribution in excess of $75, it is required to provide, in connection with the solicitation or receipt of the contribution, a written statement which (1) informs the donor that the amount of the contribution that is deductible for Federal income tax purposes is limited to the excess of the amount of any money and the value of any other property contributed by the donor over the value of the goods or services provided by the university, and (2) provides the donor with a good faith estimate of the value of such services. Development Services provides this statement.