University of Kent in America Inc
In 2005 the University of Kent established the University of Kent in America Inc, a separate charity with 501(c) (3) status, so that alumni and friends in the US who wish to make gifts to the University of Kent can benefit from the US income tax deduction available to charitable donors in the USA. The University of Kent itself has also been recognised as a prescribed foreign university under section 3503 of the Canadian Income Tax Regulations.
UKA Inc raises funds for causes specific to the interests of Kent alumni and friends based in the USA. Grants from the charity will fund initiatives such as scholarships to help American students study at Kent, hardship grants for American students already at Kent, faculty exchanges or to enable a Kent lecturer to conduct a lecture tour in the USA.
The former president of the newly established Board of UKA Inc, John Covell K67, launched the fund through a gift of shares, the value of which was matched by his company.
Tax deductions for US tax-payers
Alumni and friends who pay tax in the United States are eligible for tax deductions on the gifts they make to the University. By making your gift to the University of Kent in America Inc, your gift will be tax deductible to the maximum extent allowed under US law. Tax deductions apply to gifts of cash, shares and property made either now or in your will.
If you would like more information about UKA Inc. please contact firstname.lastname@example.org or write to:
405 Washington Street, Apt 6,
MA 02446, USA