US States News, December 18, 2006, Monday

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US States News

December 18, 2006 Monday 11:49 PM EST

HEADLINE: YEAR-END GIFT GIVING TO CORNELL UNIVERSITY COLLEGE OF INDUSTRIAL AND LABOR RELATIONS

BYLINE: US States News

DATELINE: ITHACA, N.Y.

BODY:
The Cornell University College of Industrial and Labor Relations issued the following news release:

If ILR is in your year-end charitable giving plans, please be aware that the University is officially closed from December 22 through January 1.

Questions about making a gift before year-end can be directed to the following toll free number: 1-800-279-3099. This line will be staffed by Cornell Annual Fund staff during the holiday break. If you have questions specific to ILR, Chris Crooker in ILR Alumni Affairs and Development will be available at 607-255-5827. (If you do not reach him directly, please leave a message; he will get back to you.)

You can make a gift online at: www.alumni.cornell.edu. Thank you for your interest, your involvement and your support, and please remember to CHECK THE ILR BOX to direct your giving to ILR. Happy holidays!

** Please Note: The IRS defines the transfer of ownership as the date of mailing if done through US Mail. For other forms of mail (i.e., FedEx), the date of transfer of ownership is the date the FedEx arrives at Seneca Place, where gifts to Cornell are handled. (The address is noted below. **) Therefore, checks sent via FedEx need to be in their hands by December 29th to count for tax year-end. It is preferable to have someone mail a check via US Mail, making sure it is postmarked on Dec. 30th, rather than sending it FedEX on Dec. 30th.

Credit Card charges:
* Per Nova, Cornell's credit card processing company, gifts charged to credit cards are only guaranteed until 12PM EST 12/22/06. The University's Information Services staff will continue taking and processing gifts until noon on Dec. 29th, but will not be able to guarantee that the charge will be reflected on the donor's credit card statement for 2006.

* Donors can call the Cornell Fund 800 line (1-800-279-3099) or make a gift on-line. On-Line Giving: www.alumni.cornell.edu

* Gifts charged to credit cards through the on-line method are guaranteed only until 12pm EST 12/22/06.

* Automated Payment or Sallie Mae: donor can make donations until 11:59pm their time zone, again, only guaranteed until 12/22/06.

Should you have any questions regarding the University's policy for accepting gifts, please refer to: http://www.policy.cornell.edu/Vol3_1.cfm or call Information Services, 607-254-7172 or 607-254-6163.

More information is available on Cornell's web site at: https://www.alumni.cornell.edu/secure/giving/online_giving.cfm

Additional information can be found at: http://www.irs.gov/publications/p526/ar02.html#d0e2558.

** As indicated above, the address for mailing gifts to Cornell is:
Information Services
Attn: David J. Pinker, Director
Cornell University, Seneca Place
130 E. Seneca Street, Suite 400
Ithaca, NY 14850-4353.