Due to the significant volume of contributions to K-State through the KSU Foundation, we haved moved to e-mail receipting for most gifts. Read more about e-mail receipting.
Normally the receipt is sent within a week of your gift’s arrival at the KSU Foundation. Gifts under $250 will only be receipted if we have your e-mail address. If you mailed your gift to a campus department or other non-foundation office, it will take longer depending on when the KSU Foundation receives it from that department. Also, during busier times processing can take longer based on volume received. Gifts made by electronic funds transfer or by KSU payroll deduction will receive a tax receipt compiling these gifts at calendar year end. If you have questions concerning tax receipting, contact gift processing at 800-432-1578 or 785-532-7549.
According to IRS regulations (IRS Pub 526), if you receive a benefit as a result of making a contribution to a qualified organization, you can only deduct the amount of your contribution that is more than the value of the benefit you receive.
The registration fee may have simply covered the cost of the event. If you pay more than fair market value to a qualified organization for an event, the amount you pay that is more than the value of the event can be a charitable contribution. You must also pay the difference with the intent to make a charitable contribution. If you have questions about tax receipting, contact gift processing at 800-432-1578 or 785-532-7549.
The only donation that will affect eligibility for football and basketball tickets are those that are made to the Mike Ahearn Scholarship Fund or the Ernie Barrett Endowment Society. Please refer to kstatesports.com for more information. Please refer to IRS Pub 526 for special regulations affecting athletic donations.
You may contact the donor relations department at 800-432-1578 or e-mail giving@found.ksu.edu.
Endowed fund donors or contacts receive an annual report showing how the fund has been used, the balance of the fund, and any growth the fund has experienced. Scholarship fund donors or contacts also receive annual or semi-annual reports of payments to recipients. We will also prepare reports on an as-needed basis. Please contact donor relations at 800-432-1578 to request a report.