Hong Kong Charitable Trust

The Yale University Hong Kong Charitable Trust, established in 1996, is a public, tax exempt charity registered under Section 88 of the Hong Kong Inland Revenue Ordinance. As such, it may provide a tax-efficient option for Hong Kong taxpayers wishing to make a gift to Yale University.

Tax benefits

Donations of money to the Yale University Hong Kong Charitable Trust may be deducted from a donor’s net assessable income under salaries tax, assessable profits under profits tax, and total income under personal assessment, within the limits set by the Hong Kong Inland Revenue Ordinance. Donors are strongly encouraged to contact their own tax advisors regarding the individual benefits of making gifts through Yale’s Hong Kong Charitable Trust.

Gift acknowledgements

Donors are provided with a letter of acknowledgement from the Yale University Hong Kong Charitable Trust that will substantiate their donation for Hong Kong tax purposes. Donors should retain the acknowledgement letter as part of their tax records for at least seven years from the date of their gift.

Designation of gifts to the Yale University Hong Kong Charitable Trust

Gifts to the Yale University Hong Kong Charitable Trust may be designated to support a particular purpose or program that advances and promotes the charitable educational work of Yale University. Donors who are considering a gift with specific restrictions for its use should contact the university to ensure that their intentions can be fulfilled.

Cash contributions

Donors who wish to arrange a wire transfer of funds directly to the Yale University Hong Kong Charitable Trust’s bank account at BNY Mellon should contact the Office of Planned Giving for instructions.