University of Texas Annual Giving Frequently Asked Questions
Why do you solicit money every year?
Private support makes the difference between being average and being excellent. Annual gifts to the University strengthen academic programs, support new research, and enrich the educational experience for our students. Annual gifts also boost the University’s reputation: “U.S. News & World Report” considers alumni participation in annual giving when it ranks the nation’s universities.
Doesn’t the state of Texas provide funding for the University?
The state does provide money to run a public university in Austin. It doesn’t provide adequate funding for a renowned research institution of the caliber of The University of Texas at Austin.
Is my gift tax-deductible?
Yes. In most cases the full value of your gift is tax-deductible.
Learn more about the importance of giving to UT and find additional FAQs by clicking here.