SSU Foundation, Inc.
The Savannah State University Foundation, Inc. is a Georgia non-profit corporation with the purpose of receiving, investing and administering the private support of Savannah State University.
The mission of the Foundation is to support and enhance the University by encouraging charitable gifts from alumni and friends leading to academic programs of excellence. This Margin of Excellence allows the University to build upon a growing reputation of quality and value beyond the traditional resources provided by state appropriations or student tuition and fees.
The Foundation serves as the university's gift receiving office as the Board of Regents of the University System of Georgia asks donors to make charitable gifts to the Foundation. For that reason, care should be taken to insure that all checks, deeds and negotiable instruments are made to the SSU Foundation. The Foundation will provide a gift receipt suitable for tax purposes acknowledging each gift.
A Board of Directors comprised of loyal alumni and friends administers and invests charitable gifts to maximize the gift's value to the University. The Foundation is tax exempt under provisions of section 501(c) (3) of the Internal Revenue Code. The Internal Revenue Service has further ruled that contributions to the Foundation are deductible by donors as provided in section 170 of the Code for federal income, gift and estate tax purposes. These provisions provide the most favorable tax advantages allowed by the Internal Revenue Service for charitable contributions.