Giving FAQs

What is the Annual Fund?

Cornell’s Annual Fund is a vital source of support for the college’s operating budget, bridging the gap between tuition revenues and the true cost of a Cornell education. Annual gifts from alumni, friends, parents, and others provide critical resources for academic programs, scholarship support, equipment and materials, student services, and co-curricular activities.

How will I be recognized for my gift?

Each year, Cornell recognizes all contributors in its Annual Report and Honor Roll of Donors. The college also recognizes donors by conferring membership in several different giving societies.

Can I honor or memorialize someone with my gift?

Yes, the college welcomes gifts given in honor of someone special to you. The college will notify the person or the deceased’s family of your gift.

Can I support a particular program with my gift?

Yes, you may designate your gift to support a specific department, program, or purpose. However, many donors choose to make an unrestricted gift so that Cornell may direct the funds to where the need is greatest.

What are the tax benefits of making a gift to Cornell College?

Most gifts to Cornell College are tax deductible under current Federal Income Tax regulations. In addition, bequests and other planned gifts may offer significant tax benefits for you and your family. For more information, consult your professional tax advisor and visit Cornell's Planned Giving pages.

Why is alumni participation in giving so important?

Organizations that rank colleges (such as U.S. News & World Report) see alumni participation in annual giving as an important indicator of alumni satisfaction and college stability—so high participation rates translate directly into higher rankings. Similarly, corporations and foundations consider alumni participation as a measure of a college's stature and stability, so high rates of participation help the college to receive more funding. In other words, every gift, regardless of size, has real power.

What are matching gifts?

Many companies “match” their employees’ charitable contributions, contributing a dollar to Cornell for each dollar you give. In many cases, retirees and spouses or domestic partners of employees also can have their gifts matched. To find out if your employer will match your gift, contact your personnel or human resources office or check our matching gift lookup program.

How do I make a gift?

There are many ways to make a gift to Cornell College. You may use your credit card online or by phone; transfer stock to the college; send us a check; include the college in your estate plan; or set up an automatic electronic funds transfer. For more options, be sure to ask our staff. We appreciate your support!