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required contributions for athletic seats? What changed?

  • 1.  required contributions for athletic seats? What changed?

    Posted 11 days ago
    Our athletic development team passed on an article and noted they are seeing more and more of this return.  Was there a change with the IRS?  Sorry if this is redundant with other recent posts. 
    ...which also kicks off the program's new seat contribution model. Under the new system, (university) requires donations by fans for the right to purchase season tickets in prime locations at (university) Stadium. The donations to the (athletic) Club will support scholarships for (university) athletes. 

    --
    Beth Johnson
    Senior Director, Advancement Services
    Saint Mary's College of California
    925-631-4505


  • 2.  RE: required contributions for athletic seats? What changed?

    Posted 11 days ago
    Effective 1/1/2018 any gift required to acquire seats, arn priority seating points, improve seats and the like are no longer deductible, period.

    Before then some of those gifts were 80% deductible.  But now it is 0%.

    John

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard