Below lists out the benefit for Michigan taxpayers for giving to LSSU:
50 percent of the contribution; or
$100 ($200 for married persons filing jointly); or
20 percent of the tax liability for the year
Here's how you can turn $22 into $100 for Lake State.
Your Gift
$100
Minus Federal tax savings
($28)
Credit from State of Michigan
($50)
After tax cost of gift*
$ 22
*Based on a married couple filing jointly and taxed at the rate of 28%.
Consult your financial advisor for your specific tax benefit.
For more information contact the LSSU Foundation Office.
The Lake Superior State University Foundation was founded in 1983 and makes its home at the Lukenda Alumni House, one of the original Fort Brady Row Houses at the eastern end of campus. The Foundation oversees a vast amount of scholarship activities, events and other philanthropic activities to help educate the public on various ways to give to Lake Superior State University.
Lake Superior State University Foundation
650 W. Easterday Ave
Sault Ste. Marie, MI 49783
