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  • 1.  Sponsored Athletes

    Posted 8 days ago
    Hello, everyone! I work at a ski academy and have been with the school for four months. I recently learned about a program through which a relatively small group of donors support sponsorships for a handful of athletes who are competing at the national ski team level. 

    When I first heard about the program, I was concerned because the number of sponsored athletes is so small that some donors are opting to participate in order to support a specific individual. This makes me wonder if the program is actually a tax-deductible charitable gift? I'm wondering if this is the same principle as a donor who wishes to establish a scholarship and also requests to select the recipient (which would disqualify that as a gift).

    Thanks in advance for your advice!

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    Heather Socha
    Director of Development
    Green Mountain Valley School
    hsocha@gmvs.org
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