University Advancement
Idaho Tax Credit
All Idaho taxpayers are able to claim an income tax credit worth 50% of their gift to NNU.
Individuals may take up to 50% of a $1000 gift, married couples 50% of a $2000 gift and corporations up to 50 % of a $5,000 gift. In addition to the tax credit there are Federal and State Tax Savings when you itemize.
The tables below show examples of savings available through the expanded state program based on 2025 tax rates:
|
Individual Contribution
|
$500*
|
$1,000*
|
$2,000*
|
|---|---|---|---|
|
Federal Tax Savings
|
$110
|
$220
|
$440
|
|
Idaho State Tax Savings
|
$27
|
$53
|
$106
|
|
Idaho Tax Credit
|
$250
|
$500
|
$1,000
|
|
Actual Cost Of The Gift
|
$114
|
$227
|
$454
|
|
Business Contribution
|
$5,000
|
|---|---|
|
Federal Tax Savings
|
$1,050
|
|
Idaho State Tax Savings
|
$265
|
|
Idaho Tax Credit
|
$2,500
|
|
Actual Cost Of The Gift
|
$1,185
|
NOTE: Certain limitations apply. Please note that your tax benefit is dependent on your personal income level and filing status. We urge you to consult your financial advisors to develop the best contribution plan for your personal circumstances. Thank you for your prayerful consideration in supporting NNU students! Make your gift to NNU today.
Universal Charitable Deduction (Federal – Beginning in 2026)
Starting with the 2026 tax year, a new federal provision called the Universal Charitable Deduction (UCD) will allow taxpayers who do not itemize to still receive a tax benefit for their charitable giving. This deduction is part of the “One Big Beautiful Bill,” which updates federal tax rules beginning in 2026.
What this means for donors:
Taxpayers taking the standard deduction may deduct up to $1,000 in charitable cash gifts ($2,000 for married couples filing jointly) from their federal taxable income.
Because this is an “above‑the‑line” deduction, donors do not need to itemize to benefit.
This new federal deduction works in addition to the Idaho Educational Tax Credit, which Idaho taxpayers may claim even if they do not itemize.
As a result, many donors may receive both a state tax credit and a federal deduction for eligible gifts beginning in 2026.
Note: This information is for general awareness only. Donors should consult their tax advisor regarding their personal tax situation.
Kelli Lindley
Vice President for External Relations; Executive Director, NNU Foundation, Inc.
Amy Shingler
Associate Vice President for University Advancement & Alumni Relations
