Gifts made on the Cornell Crowdfunding platform are treated as gifts to Cornell University. They are tax-deductible under Cornell’s 501(c)(3) tax-exempt status. They go through Cornell’s online giving, gift processing, receipting, and recording protocols. So, use of the platform is restricted to projects that meet our eligibility criteria.
- Projects must plan to raise at least $5,000.
- Projects must have a Cornell sponsor (college/unit faculty or staff member).
- Funds raised must be used under the supervision of the Cornell sponsor. Projects raising money that will be passed along to other nonprofits are *not* eligible.
- Projects must have the approval of the ranking development officer in their relevant college or unit. Not sure who this is for your area? Contact us at email@example.com.
Projects that do not meet all four of these criteria are not eligible to use the Cornell Crowdfunding platform.
Questions about your project’s eligibility?