Regular updates via academic journals, newsletters, and promotional materials. Donation
receipts issued each January for tax deduction benefits. Donors exceeding a certain amount will
receive an official Certificate of Appreciation (Plaque) in the name of the college president.
Types of Donations and Tax Benefits
- Individual Donations (Individuals, Sole Proprietors, Organizations)
- Eligible for full tax deduction within annual income limits.
(Article 34 of the Income Tax Act / Articles 76 and 88 of the Restriction of Special Taxation Act) - Corporate Donations (Corporations, Incorporated Associations)
- Deductible up to 50% of the corporation’s current fiscal year income.
(Article 24 of the Corporate Tax Act) - Donation of Inherited Property
- Full exemption from inheritance tax when a donation is made by bequest, private arrangement, or heir donation within 6 months of inheritance commencement.