Information for donors
Donation can be made online and by bank transfer. Here you can find more practical information about making a donation, tax deductible donations and deed of donations.
You can make an online donation using your online banking ID or credit card.
The donation account of the University of Oulu is
Danske Bank: FI08 8119 9710 0170 23
Please include your name and contact details with your donation.
If your donation exceeds the tax deductible limit of €850, we ask you to also fill in a deed of donation which we will deliver to you by post.
If you have any questions about donating, please contact varainhankinta(at)oulu.fi
On 15 June 2020, the University of Oulu launched a fundraising campaign that is eligible for state matched funding. During this campaign, each donated euro can bring in up to €2.5 matched funding for the university. The fundraising will continue until 30 June 2022.
To be eligible for state matched funding, the donation must be given to support the university’s operation in general without any conditions restricting its use. However, an individual donation of at least €10,000 may be allocated to a specific field of education with a deed of donation. The fields of education at the University of Oulu:
education and teacher training
business and economics
More information about state matched funding.
Donations exceeding €850 are tax-deductible in Finland. We will provide information on tax-deductible donations to the tax authority if we have access the donor's personal data. For this, we need a deed of donation. The document will be sent to you by post (or email, if you prefer).
Any donations totalling €10,000 or over can be allocated to your desired field of education with the deed of donation.
For any enquiries on deeds of donation, please contact firstname.lastname@example.org.
Private individuals and estates can be eligible for tax deductions on donations of €850–500,000 made to a university. The deductions can only apply to income tax. The deductibility of donations is provided for in section 98a of the Income Tax Act and pertains to cash donations made to promote science or art. The donation must be made to a publicly funded university or institution of higher education in the European Economic Area, or to a university fund in conjunction with such an institution. The University discloses information on donations received to the tax authorities at the end of each tax year. The University requires a deed of donation with the donor's personal identity number in order to receive donations. Read more on the Finnish Tax Administration's website.
Communities and organisations are eligible for tax deductions on cash donations of €850–250,000 made to a state within the European Economic Area or a publicly funded university or institution of higher education or a university foundation operating in conjunction with such an institution within the European Economic Area to promote science, art or the preservation of the Finnish cultural heritage. Eligible organisations include listed companies, associations and foundations. Read the Income Tax Act (in Finnish).
All donors who have submitted their email address receive an electronic newsletter once a month. In the newsletter, we report current topics of the university and the impact of donations. We are also happy to send the newsletter to everyone interested in science topics.
Donors also receive invitations to university events a few times a year.
You can unsubscribe from the mailing list for the newsletter and/or other communications by clicking the link in the newsletter or by contacting email@example.com.
The University of Oulu money collection permit RA/2020/518. The permit is valid in Finland starting from 8th of May 2020 excluding Åland.
The donations are used directly or via capitalisation as a strategic funding to support the research and education in the University of Oulu.
Any enquiries regarding donating and fundraising: varainhankinta(at)oulu.fi
You can also contact the University fundraising and donor relations team directly. Please find their contact details here.
The University of Oulu allocates all donated funds in a responsible manner.
The donation amount is either used directly or transferred to reserves.
State-matched funds are always added to the basic capital of the University of Oulu. The university only uses the returns of the state-matched funds that are based on donations.
The University of Oulu invests basic capital and receives annual returns from it. The returns are used to support research projects that are important for the university's strategy. Donations allocated on specific fields are used directly on research projects.
The decision on the use of the returns of capital and allocated donations is made by the Rector, authorised by the university's Board of Directors.
Donate online here.