Dean's Emergency Scholarship Fund
The Dean's Emergency Scholarship Fund was established to help business students who are facing financial issues due to unforeseen circumstances get the means they need to finish their education at CCU. The scholarship has helped many students, however it cannot continue to help others without your support.
To donate to the Wall College of Business Dean’s Emergency Scholarship, scroll to the bottom of the page and enter your payment information and amount in the form below. No amount is too small!
For more information, call 843-349-2012. Your support of our students is greatly appreciated!
CARES Act Charitable Deduction Summary
The CARES Act, signed into law on March 27, 2020, includes provisions that affect both individual and corporate donors. Specifically:
• Sixty (60) percent of AGI Limit Suspended for 2020 For the 2020 tax year, individuals can deduct any cash contributions made to qualified charitable organizations, up to 100 percent of their adjusted gross income (AGI). Deductions for cash donations were previously limited to 60 percent of the taxpayer’s AGI.
• Corporations’ 10 percent Limit Increased to 25 percent for 2020 For the 2020 tax year, corporations can deduct up to 25 percent of the taxpayer’s taxable income for any cash contributions made to qualified charitable organizations. Deductions for cash donations were previously limited to 10 percent of the taxpayer’s taxable income.
• New $300 Deduction for Qualified Charitable Donations Individuals who take the standard deduction can claim an above-the-line tax deduction for cash donations to qualified charitable organizations, up to $300.