A new tax update makes your annual gift more impactful than ever

A recent update to the tax code means your cash gift to Notre Dame carries an even bigger impact this year.

If you take the standard deduction, this update could allow you to fully deduct your cash gifts to Notre Dame for the first time. In short, generosity that once offered little or no tax benefit may now qualify for one.

What this means for you

Under the new law, you may deduct cash donations of up to $1,000 if you file as a single taxpayer or $2,000 if you file jointly, even when taking the standard deduction. 

Because many supporters give within this range, this tax code update may allow you to receive a tax benefit for your entire cash gift. Best of all, it applies to the ways you already choose to make cash donations—through annual or monthly gifts, or one-time gifts made when the moment feels right.

Make your annual gift to Notre Dame ›

Why it matters

Your generosity helps advance Notre Dame’s mission and supports the people, programs, and priorities that make the University a force for good. Every gift matters. And now, this update means your generosity may also come with a meaningful tax advantage.

Here to help

As you consider giving, Notre Dame is here as a trusted resource. Our team is happy to share general information about giving options and recent changes that may affect charitable contributions. Contact us with your questions ›

The University of Notre Dame is an educational institution and does not provide tax, legal, or financial advice. Any document or information shared by our staff is intended to be educational and informational. Notre Dame strongly encourages all of our benefactors to seek counsel from their own legal and financial advisors. Please know that any information or documents shared by the Development staff cannot be used to avoid tax-related penalties.