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  • 1.  Employee Benevolence Fund

    Posted 10-29-2025 03:50 PM

    Our university is considering an Employee Benevolence Fund to assist employees facing financial hardships.  Would contributions to this fund be considered a gift to the university and be tax deductible?



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    Sue Mathes
    Dominican University
    smathes@dom.edu
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  • 2.  RE: Employee Benevolence Fund

    Posted 10-29-2025 03:58 PM
    As long as the fund is structured to allow equal access to those funds by all employees, yes. There are, however, a few "buts:"
    • The organization has complete discretion in how the funds are distributed. Donors cannot earmark funds for a specific individual.
    • Recipients are selected based on objective charitable criteria (need, illness, disaster relief).
    • The fund meets the IRS definition of a "broad charitable class."
    John

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987




    Original Message


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