SUNY Adirondack Foundation offers tax savings for donors

QUEENSBURY, New York (Aug. 11, 2026) — SUNY Adirondack Foundation announces its inclusion in the 2026 NYS Charitable Tax Credit Program offered through the SUNY Impact Foundation.

New York state donors can make a tax-advantaged charitable gift through SUNY Adirondack Foundation to support students, programs, existing funds or other causes that reflect their philanthropic goals and meet the needs of the institution. Applications for the program are due Sept. 30.

Created by New York state for donors who pay New York state taxes in excess of $10,000, the NYS Charitable Tax Credit Program applies to donations to SUNY schools with a total minimum gift of $10,000 and a total maximum of $100,000 per donor/income tax filing.

Contributions may be used for direct grants to students for any unmet financial needs as long as the grants are not classified as scholarships or tuition assistance.

All donations are subject to a 2 percent administrative fee by SUNY Impact Foundation. Donations through family foundations, donor advised funds, S-corps, or corporations are not eligible for this program. Wire transfers and securities must come from a personal account.

For the total qualified gift made, the donor receives:

• NYS: 85 percent of the qualified contribution is a refundable tax credit against NYS income tax, and 15 percent of the qualified contribution can be a deduction against NYS income tax. A donor can benefit from both a deduction and credit on their NYS personal income tax return.
• Federal: 15 percent of the qualified contribution can be a deduction against federal income tax.
  This is not an automatic program; donors must contact SUNY Adirondack Foundation and be referred to the SUNY Impact Foundation before the Sept. 30 deadline to complete an online application. Please note that completing the application does not oblige a donation. Please contact your tax professional to determine if this program is a good fit for your personal circumstances.

For more information, call Megan Mercier, director of development at SUNY Adirondack, at 518-743-2244, email foundation@sunyacc.edu or visit https://www.sunyacc.edu/suny-impact-tax-credit-0

SUNY Adirondack Foundation is a 501(c)3 not-for-profit organization created in 1983 that raises and manages necessary funds to help SUNY Adirondack meet the evolving needs of its students and community.