Tax status of donations
The Institute and FERIS are private foundations of public utility.
|a)||There are no fees associated with the donation|
|b)||Federal law permits a reduction of a maximum of 10% of the net taxable income|
|c)||At the cantonal level, in Geneva and Vaud, the law allows a tax deduction of up to 20% of the net taxable income (or net taxable profit in the case of a company), with a minimal sum of CHF 200.- for the former and CHF 100.- for the latter.|
|d)||For other cantons, tax deductions are as follows:|
The option, which exists in several European countries, of paying through an intermediary organisation offers interesting tax breaks to donors. Please contact us for additional information.
Donations from United States residents can be made to Friends of the Graduate Institute, Geneva, Inc, a 501 (c) (3) corporation as recognized by the U.S. Internal Revenue Service. Charitable contributions to the educational purposes of the Foundation are tax deductible under U.S. tax law.