Don't miss this remarkable opportunity to receive an 85% tax credit when you make a gift of $10,000-$100,000 to Onondaga Community College (OCC) through the SUNY Impact Foundation by November 30, 2022!

What is it?

A one-time, limited opportunity to donate to the OCC Foundation and receive an extraordinary tax benefit through the SUNY Impact Foundation. There is a $10M cap on the SUNY-wide program.

For the sum of the qualified contributions in 2022, a donor will have the following tax benefits:

  • NY State: 100% of the qualified contribution can be a deduction and 85% of the qualified contribution as a tax credit. A donor gets the benefit of both a deduction and credit on their NYS tax filing.
  • Federal: 15% of the qualified contribution is deductible.

When is the deadline?

  • A donor must request, complete, and submit an application no later than September 30, 2022.
  • All donations must be received by November 30, 2022 to qualify.

How does it work?

  • A donor must have authorization from the SUNY Impact Foundatino to participate.
  • Donations qualifying under the NYS Charitable Tax Credit program will be limited to a minimum of $10,000 and to a maximum of $100,000 per donor/tax identification number and tax filing.
  • Only individuals are eligible.
  • Donations through a family foundation, corporation, or S-Corp are not eligible for this tax credit program.
  • Program will close when SUNY-wide $10M cap is met.
  • The UB Foundation will handle all stock transactions on behalf of the program; the gift will make it to OCC once the transaction is complete.

Ways you can make your donation

  • Cash
  • Check or wire transfer
  • Combination of cash and stock
  • Stocks: evaluated value on the day of receipt is the actual donation amount regardless of its value on the day donor submitted their request to their agent
  • No in-kind donations are accepted
  • Donor can designate their intention for the gift

Contact the OCC Foundation with any questions you may have. 

Please note: This is not tax advice. Onondaga Community College Foundation and its affiliates has not made any commitment or guarantee to you that any federal, state, or local tax treatment will (or will not) apply or be available to you, and you are in no manner relying on Onondaga Community College Foundation and its affiliates or their representatives for an assessment of such tax treatment. You acknowledge and agree that you have consulted with any tax consultants that you deem advisable in connection with this program and that you are not relying on Onondaga Community College Foundation and its affiliates or any of their representatives for tax advice.