NYS Charitable Tax Credit Program

A Unique Opportunity to Support Clinton Community College While Receiving Significant Tax Benefits

The New York State Charitable Tax Credit Program provides individuals with an extraordinary opportunity to support Clinton Community College while receiving substantial New York State tax benefits through the SUNY Impact Foundation.

How the Tax Benefit Works

For qualifying gifts between $10,000 and $100,000, donors may be eligible for:

✅ New York State Tax Credit 85% of your approved contribution may be claimed as a credit against your New York State income tax liability.

✅ New York State Tax Deduction The remaining 15% may be claimed as a charitable deduction on your New York State return.

✅ Federal Charitable Deduction The remaining 15% may also qualify as a charitable deduction on your federal income tax return.

Example Only (Not Tax Advice)

Contribution                                                       $100,000
NYS Tax Credit (85%)                                         $85,000
Potential Federal & NYS Deduction (15%)    $15,000
Please consult your tax advisor regarding your individual tax situation.

 
Important Program Dates for 2026

August 4 - September 30, 2026 Application period opens.

Mid-October 2026 Approved gift amounts are determined, and donors receive authorization from SUNY Impact Foundation.

October - November 2026 Approved gifts are completed.

November 30, 2026 Final deadline for all qualifying gifts. Donors are encouraged to complete transactions by November 25.

Qualified stock transfers should be initiated well before the November deadline. 

 
Important Eligibility Guidelines

• Only individual taxpayers are eligible.
• Corporations, S-Corporations, family foundations, donor-advised funds, and other organizations are not eligible.
• Contributions must come from personal accounts.
• Gifts must be between $10,000 and $100,000.
• Applications should use a personal email address.
• Program participation is subject to a statewide SUNY allocation cap of $10 million. Approved amounts may be reduced if applications exceed the cap. 

 
Ways to Give

• ACH Transfer
• Wire Transfer
• Appreciated Securities or Stock
• Credit Card (approximately 3% processing fee applies)

All gifts are subject to a 2% SUNY Impact Foundation administrative fee. 

Support Clinton Community College

Your participation can provide critical support for student success, academic programs, workforce development initiatives, emergency student assistance, scholarships, and other college priorities that strengthen opportunities for students throughout our region.

Questions?

Steven G. Frederick
Vice President for Institutional Advancement
Executive Director, CCC Foundation, Inc.
518-562-4103
steven.frederick@clinton.edu

Clinton Community College and the CCC Foundation do not provide tax or legal advice. Please consult your professional advisors before participating.