It’s time for the SUNY Impact Foundation NYS Charitable Tax Credit Program:
Make a gift to the Hudson Valley Community College Foundation and SAVE on your taxes! Applications open today for the SUNY Impact Foundation’s NYS Charitable Tax Credit Program.
If you typically owe more than $10,000 in NYS taxes, this is an excellent way to help the college. For the sum of the qualified contributions in 2025, as a donor, you may receive these tax benefits:
- 85% tax CREDIT of the donation amount towards the donor’s NYS tax liability in 2025 (only)
- 15% of the authorized donation may be used as a NYS DEDUCTION
- 15% of the authorized donation may be used for a FEDERAL tax DEDUCTION (not credit)
In order to utilize the full benefit of this program, please ensure you have a New York State tax liability in 2025 equal to or greater than the amount of credit requested.
Authorized tax credit amount is not transferrable from year-to-year.
Details, instructions and the application form can be found here: https://www.hvcc.edu/about/foundation/nys-charitable-tax-credit-program.html
Please consider making a contribution through the SUNY Impact Foundation NYS Charitable Tax Credit Program, and please share this opportunity with those you think may be interested.
Published: Tue, 02 Sep 2025 11:50:13 +0000 by g.benami