Annual Fund Frequently Asked Questions
What is annual giving?
Salem State University’s program for building lifetime loyalty and raising maximum dollars for the annual fund.
What is the Annual Fund?
The Salem State Annual Fund is comprised of unrestricted current use for the university and current use restricted revenue for stated university priorities, regardless of size.
Why does Salem State need my support?
Salem State offers each student transformational learning opportunities and campus experiences that lead to personal growth. Tuition only covers a small portion of what it costs to educate a Viking, so annual gifts from alumni, parents, friends, faculty, staff and students are essential to help fill the gap. Gifts to the University support student financial support that attracts worthy students, provides a foundation for co-curricular activity and sustains the University’s reputation as a top regional university.
Can I choose what my gift supports?
Absolutely! While Salem State enjoys putting your gift the greatest need or the University’s current priority, we believe you should be able to support what matters most to you.
If I can only afford a small gift, can the University still use my gift?
Yes! Regardless of the size of your gift, your participation as an annual giving donor directly impacts our students. Your gift of any amount is a vote of confidence that shows you support your alma mater.
Is my gift tax deductible?
Yes, any gift to the Salem State University Foundation, a 501(c)(3) charitable organization, is fully tax deductible to the extent allowed by law. Gifts of stock, mutual funds or other appreciated securities have special tax benefits.
Can I make a gift in honor of or in memory of someone?
Tribute gifts are a wonderful way to show you care. When making a gift, you can make your gift in honor or memory of someone by filling ou the tribute information.