It is the aim of the RIT Kosovo™ (A.U.K) Trustees that RIT Kosovo™ (A.U.K) programs be self-sufficient based on tuition fees, while raising money from outside contributors – grant-making bodies, corporations, and generous individuals – to support capital investments and to endow faculty positions and student scholarships.
It is this international financial support – plus generous support from RIT – that allows RIT Kosovo™ (A.U.K) to deliver a world-class RIT education in Kosovo at a greatly lower cost than the same education in the United States.
RIT Kosovo™ (A.U.K)’s legal structure is typical of an American private institution. There is no “owner” as would be the case for a for-profit company. All RIT Kosovo™ (A.U.K)’s funds must be reinvested in the university, its programs, and its students. It is not allowed, by law, to pay monies to outside parties (such as Trustees) except for actual goods and services received.
The university is managed and financially supported by a New York State non-profit trust, the A.U.K. Foundation (or A.U.K.F-New York). A.U.K.F-New York has a subsidiary in Kosovo, the A.U.K. Foundation (New York), registered in Prishtina as an International NGO, which delivers technical assistance to the A.U.K. in the form of raising grants and donations and hiring American instructors.
The institution itself is a Kosovo non-profit trust. The Boards of Trustees of the New York and Kosovo entities are identical, and the financial statements of the New York and Kosovo entities are presented in consolidated form except where needed for legal reporting reasons. Both the New York and Kosovo entities have been recognized as having Public Benefit Status by the Government of Kosovo.
The A.U.K Foundation is recognized by the U.S. Internal Revenue Service as a section 501(c)(3) non-profit organization. United States taxpayers may deduct contributions to the Foundation from their income taxes to the extent permitted by law.
The RIT Kosovo™ (A.U.K) is a Kosovo NGO with Public Benefit Status, to which Kosovo citizens and business may make contributions and deduct them from their taxes to the extent permitted by law.
Friends of RIT Kosovo™ (A.U.K) may contribute to the work of the university online, using PayPal or a major credit card:
ABA# 021000089 (CITIBANK N.A.)
CREDIT ACCT# 40611172 (MORGAN STANLEY)
FINAL CREDIT ACCT# (478-001060, American University in Kosovo Foundation, Inc.)
Kosovo citizens wishing to make contributions to RIT Kosovo™ (A.U.K) are requested to send contributions to:
Bank Name: Raiffeisen Bank, Prishtina, Kosovo
SWIFT code: RBKOXKPR
IBAN Code: XK051501001003342712
Acc. Number: 1501001003342712
Account Name: AUKF – Prishtina
Address: Dr. Shpetim Robaj Str. NN,Prishtine
Bank Name: ProCredit Bank, Prishtina, Kosovo
SWIFT CODE: MBKOXKPR
IBAN Code: XK051110164078000160
Acc. Number: 1110164078000160
Account Name: AUKF
Address: Dr. Shpetim Robaj Str. NN, Prishtine
All donations will receive receipts for the donor’s tax reporting purposes, and will be recognized in RIT Kosovo™ (A.U.K)’s Annual Report.