Let's talk about athletics priority points!
We all know that gifts which are required to purchase priority seating at athletics events are no long tax deductible. But what about otherwise fully charitable gifts for which priority points are issued (which then rank individuals in line for the opportunity to purchase those better seats?)
A case MIGHT be made that there is not enough of a benefit here to worry about (especially for an institution without long waiting lines for this opportunity,) but that case is harder to make during a promotion offering 5x the number of priority points for a gift for a certain period. Considering further, what about 2x the number?
I have been all over AASP, CASE, and Fundsvcs for answers. The only information found appears to support, "any seating benefit at all, no deduction," however, a search of many institution athletic sites reveals the point system is alive and well – in all sorts of iterations.
What say all of you?
This is so helpful. It has been difficult to convince folks that the legislation really means what it says when examples of other treatments are so plentiful.
Thank you for turning up this example!