What is a gift reinvestment fee?
A gift reinvestment fee is a one-time, 5% fee that is applied to all gifts that helps us cover credit card and check processing fees. This is a standard practice across most universities in America. It ensures that 95% of every gift directly supports the donor’s designated purpose, and allows us to reinvest in the systems, tools, and engagement efforts that ensure donors experience the impact of their giving.
Why a 5% fee?
We have intentionally selected a modest 5% fee to be in line with, and often lower than, what peer institutions charge, while still providing the resources needed to deliver meaningful donor stewardship and impact reporting, sustain modern engagement tools and giving platforms, and offset rising transaction and operational costs associated with philanthropy
When will the fee take effect?
The gift reinvestment fee is expected to take effect July 1, 2026.
Does this affect tax deductibility or donor credit?
No. Donors will continue to receive full tax deductibility and full donor recognition for 100% of their contribution.
Is this a common practice?
Yes. Nearly all peer institutions apply similar reinvestment or advancement support fees, often at comparable or higher levels, to support stewardship, engagement, and fundraising operations.
How does this affect endowments and pledges?
Endowment minimums will continue to be based on the donor’s total gift amount. The fee will apply to all gifts and pledge payments processed on or after July 1, 2026.