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The gesture marks the largest gift in the university's 379-year history, surpassing last-year's record-setting donation by Hong Kong-born investor Gerald Chan, who gave $350 million to the School of Public Health. Paulson graduated from Harvard Business School in 1980 and went on to found Paulson & Company in 1994.
Donation Valuation. If you donate cash to the university, your deduction is simple: deduct the amount that you gave. If you donate property, the general rule is that you can deduct the fair market value of the items. However, there are a number of exceptions.aking donations to your alma mater -- or any other university -- not only makes you feel good, but it can also help lower your taxes. Almost all nonprofit universities qualify to receive tax-deductible contributions.