If the Health Science Center is state-supported, why does it need private gifts?
The UNT Health Science Center is state-assisted but not fully state-supported. In fact, less than half of its annual operating budget is provided by the state — an allotment of tax dollars dependent on the Texas economy and skyrocketing public needs. The rest must come from tuition, fees, clinic revenues, grants and contracts, and private gifts.
Who governs the Foundation?
Community and business leaders, alumni, and distinguished medical and scientific professionals serve, without compensation, on the Foundation’s Board of Trustees as advocates, advisors, and strategists. They collaborate with the UNTHSC president, his leadership team and the Office of Institutional Advancement to help make friends, raise community awareness, and conduct fundraising campaigns for the benefit of the UNT Health Science Center.
What are the benefits of giving to the Foundation vs. giving directly to the health science center?
The Foundation is specifically organized to provide the gift planning, management, reporting, recognition and stewardship services that donors need. The Foundation also has far more flexibility than a state agency to invest gift funds for long-term growth and higher rates of return. Donors to the Foundation have more latitude in designating specific uses for their gifts than would be possible if the funds were given directly to the health science center.
The professional staff in the UNT Health Science Center’s Institutional Advancement Office is dedicated to helping all Foundation donors determine which giving plan is best for them and works to ensure that all gifts are used in accordance with expressed wishes.
Are my gifts to the Foundation tax-deductible?
Yes. The UNTHSC Foundation is a not-for-profit organization qualified under Section 501(c)3 of the Internal Revenue Code as a tax-exempt corporation. As a result, all contributions to the Foundation are fully tax-deductible to the extent allowed by law.
This page was last modified on March 4, 2016