Gifts of Cash
You may write a check to the Texas Woman’s University Foundation for the purpose you specify or, if you prefer, as determined by the Foundation Board. Outright gifts of cash are fully deductible up to 50 percent of your adjusted gross income if you itemize on your income tax return. (Example: If you have an adjusted gross income of $80,000, you may make a charitable gift deduction of up to $40,000. The excess can be carried forward and deducted in future years.)
