Today @ Colorado State has been replaced by SOURCE. This site exists as an archive of Today @ Colorado State stories between January 1, 2009 and September 8, 2014.
December 6, 2010
To help ensure our donors receive appropriate credit for their 2010 contributions, please review and follow the procedures outlined below.
Remember that receipts issued to donors display the date their gift was processed, which often differs from the date of gift according to the IRS. Donors are responsible for providing substantiation for their gift in the case of an IRS audit. We do print a message on receipts in December and January that explains this to donors.
For 2010 charitable deductions and tax credits, the IRS has ruled that a gift by check must be dated and postmarked no later than December 31, 2010 to qualify. Please keep these dates in mind as you receive gifts for calendar year 2010:
Please encourage donors considering making stock gifts in 2010 to direct their brokers to initiate the transfers as soon as possible. It often takes several business days for stock transfers to occur.
By following these procedures, you will help ensure your donors receive appropriate credit for their 2010 contributions. Should you have any questions, please call Laura Froats at 491-3416.
Thank you for your assistance.
Contact: Laura Sayler
E-mail: laura.sayler@colostate.edu
Phone: 491-7135