FundSvcs Community

At our university, athletic season ticket holders must give a "donation" to a tiered membership program in addition to their cost of season tickets. The season ticket payments have never been categorized into a gift fund or tax receipted and DAFs, IRAs, etc are not acceptable forms of payment. The ticket holder is then required to self-select a membership level to contribute towards in addition to their ticket cost (Aztec Club Annual Giving Levels) (benefits: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://sdsuaztecclub.com/assets/pdf/2022-23-aztec-benefits-chart-v2.pdf). This fund has also traditionally not been categorized as a gift/philanthropic fund in our database. Recently we've received requests from donors to apply DAF, IRA QCDs, and family foundation payments to this "membership club donation" which, at times, our athletic department has allowed. Contributions can also be directed to this "membership club" by non-ticket holders and are quoted to be tax-deductible by our athletic team (Frequently Asked Questions). We have received an influx of requests by donors that their IRAs, DAFs, and family foundations be allowable forms of payment to satisfy their chosen club level of membership.

Questions for the community:

-Is any portion of the "membership club" a gift?

-Are payments that do not allow for reciprocal benefits (DAF. QCDs....) eligible to apply to this membership program?

-If the contribution to the "membership club" is stand-alone from a ticket purchase, is that a deductible gift? (granted the tangible benefits meet IRS guidelines for benefits) (Frequently Asked Questions)

At our university, athletic season ticket holders must give a "donation" to a tiered membership program in addition to their cost of season tickets. The season ticket payments have never been categorized into a gift fund or tax receipted and DAFs, IRAs, etc are not acceptable forms of payment. The ticket holder is then required to self-select a membership level to contribute towards in addition to their ticket cost (Aztec Club Annual Giving Levels) (benefits: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://sdsuaztecclub.com/assets/pdf/2022-23-aztec-benefits-chart-v2.pdf). This fund has also traditionally not been categorized as a gift/philanthropic fund in our database. Recently we've received requests from donors to apply DAF, IRA QCDs, and family foundation payments to this "membership club donation" which, at times, our athletic department has allowed. Contributions can also be directed to this "membership club" by non-ticket holders and are quoted to be tax-deductible by our athletic team (Frequently Asked Questions). We have received an influx of requests by donors that their IRAs, DAFs, and family foundations be allowable forms of payment to satisfy their chosen club level of membership.

Questions for the community:

-Is any portion of the "membership club" a gift?

-Are payments that do not allow for reciprocal benefits (DAF. QCDs....) eligible to apply to this membership program?

-If the contribution to the "membership club" is stand-alone from a ticket purchase, is that a deductible gift? (granted the tangible benefits meet IRS guidelines for benefits) (Frequently Asked Questions)

At our university, athletic season ticket holders must give a "donation" to a tiered membership program in addition to their cost of season tickets. The season ticket payments have never been categorized into a gift fund or tax receipted and DAFs, IRAs, etc are not acceptable forms of payment. The ticket holder is then required to self-select a membership level to contribute towards in addition to their ticket cost (Aztec Club Annual Giving Levels) (benefits: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://sdsuaztecclub.com/assets/pdf/2022-23-aztec-benefits-chart-v2.pdf). This fund has also traditionally not been categorized as a gift/philanthropic fund in our database. Recently we've received requests from donors to apply DAF, IRA QCDs, and family foundation payments to this "membership club donation" which, at times, our athletic department has allowed. Contributions can also be directed to this "membership club" by non-ticket holders and are quoted to be tax-deductible by our athletic team (Frequently Asked Questions). We have received an influx of requests by donors that their IRAs, DAFs, and family foundations be allowable forms of payment to satisfy their chosen club level of membership.

Questions for the community:

-Is any portion of the "membership club" a gift?

-Are payments that do not allow for reciprocal benefits (DAF. QCDs....) eligible to apply to this membership program?

-If the contribution to the "membership club" is stand-alone from a ticket purchase, is that a deductible gift? (granted the tangible benefits meet IRS guidelines for benefits) (Frequently Asked Questions)

At our university, athletic season ticket holders must give a "donation" to a tiered membership program in addition to their cost of season tickets. The season ticket payments have never been categorized into a gift fund or tax receipted and DAFs, IRAs, etc are not acceptable forms of payment. The ticket holder is then required to self-select a membership level to contribute towards in addition to their ticket cost (Aztec Club Annual Giving Levels) (benefits: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://sdsuaztecclub.com/assets/pdf/2022-23-aztec-benefits-chart-v2.pdf). This fund has also traditionally not been categorized as a gift/philanthropic fund in our database. Recently we've received requests from donors to apply DAF, IRA QCDs, and family foundation payments to this "membership club donation" which, at times, our athletic department has allowed. Contributions can also be directed to this "membership club" by non-ticket holders and are quoted to be tax-deductible by our athletic team (Frequently Asked Questions). We have received an influx of requests by donors that their IRAs, DAFs, and family foundations be allowable forms of payment to satisfy their chosen club level of membership.

Questions for the community:

-Is any portion of the "membership club" a gift?

-Are payments that do not allow for reciprocal benefits (DAF. QCDs....) eligible to apply to this membership program?

-If the contribution to the "membership club" is stand-alone from a ticket purchase, is that a deductible gift? (granted the tangible benefits meet IRS guidelines for benefits) (Frequently Asked Questions)