Peking University Education Foundation (USA), incorporated in 2001 in USA, California, is a 501(c)(3) nonprofit organization. The EIN number is 943278466. The donor (individual or corporation) who donate to PKUEF (USA) is exempted from tax in the following occasions:
If the spending for public welfare donations is within 10% of the total annual profit of the corporation, the portion is permitted to be deducted when calculating the taxable income. The part in excess of the portion can be assessed into the following continuous 5 years for tax deduction.
If the donation amount is within 50% of the taxable income declared by the taxpayer, the portion is permitted to be deducted from the taxpayer’s taxable income. The part in excess of the portion can be assessed into the following continuous 5 years for tax deduction.
* PKUEF (USA) will send the donor an official letter of receipt with our Federal Tax Identification Number to acknowledge every gift, which normally is sufficient for your tax deduction. In order to ensure the daily operation, fundraising and project management, PKUEF (USA) charges 3%-5% management fee for donations over $10,000. The management fee will not exceed $50,000 per donation per year in any occasion.
For assistance, please contact the Office of PKUEF in the US: