Financial Information
As a nonprofit organization, the Foundation is exempt from federal income tax under Section 501(c)(3) of the 1986 Internal Revenue Code as amended. The Foundation has been classified by the IRS as a public charity operated for the benefit of a state university as defined in the Internal Revenue Code of 1986 Section 170(b)(1)(A)(iv). Contributions to the University through the Foundation by individuals, corporations, organizations and other foundations qualify as tax deductions.
The Real Estate Foundation is a 509(a)(3) support organization and offers tax-deductible incentives to its benefactors.