Oregon Introduces Tax Credit to Donors Supporting University Research

“This tax credit is one of a kind,” Oregon State Treasurer Randall Edwards said. “No other state has a program where donors can receive such a generous tax credit in return for helping move research from lab to market,”

A 60 percent income tax credit is now available to Oregon taxpayers who contribute to a new program designed to fast-track commercialization of research discoveries at Oregon’s eight public universities: Oregon Health & Science University, Eastern Oregon University, Oregon Institute of Technology, Oregon State University, Portland State University, Southern Oregon University, University of Oregon, and Western Oregon University.

Full Story: http://www.salem-news.com/articles/october062007/research_tax_credit_100607.php