UpDate - Vol. 13, No. 7, Page 13
October 14, 1993
Questions & answers (Employee Annual Campaign)
Q. Since the giving/fiscal year began July 1, is it too late to
make a contribution?
A. Gifts can be received any time throughout the year until June
30, 1994. Allowing approximately two weeks, payroll deduction can
be started any time. For instance, a pledge of $100 would mean a
deduction of less than $6 per pay if spread over 17 pay periods
beginning Oct. 30.
Q. When do the designated departments, colleges or programs receive
dollars withheld through payroll deduction?
A. Dollars are transferred twice each year, after the Dec. 31 end
of the calendar year and after the June 30 close of the
fiscal/giving year. The donor receives a gift acknowledgment from
the Office of University Development after those transfers.
Account administrators are notified of the gift unless anonymity
is requested.