How will the tax bill affect athletic department donations?
- Thread starter Lamoni
- Start date
We got a letter a few days ago concerning this. The statement was [paraphrased] "You 2018 status will not be affected."
I don't think it will have much of an effect - most of us who donate don't just because it's a write-off. It might (should) create a disincentive to attempt to move to a higher-required donation seat, and potentially you will see a migration the other way.
I believe our 2019 home schedule is somewhat abysmal from an opponent perspective and will be more of a factor than the lack of a donation write-off.
I don't think it will have much of an effect - most of us who donate don't just because it's a write-off. It might (should) create a disincentive to attempt to move to a higher-required donation seat, and potentially you will see a migration the other way.
I believe our 2019 home schedule is somewhat abysmal from an opponent perspective and will be more of a factor than the lack of a donation write-off.
I imagine they'll find a way around this before it matters too much. Maybe back to the old unspoken system of "You scratch my back, I'll scratch yours?"
There never used to be the same quid pro quo for good tickets/club access and how they related to donations. Sure, it was always suspected/expected that if you gave lots of money, you would have a different level of access than those who didn't, but it wasn't written in stone.
There never used to be the same quid pro quo for good tickets/club access and how they related to donations. Sure, it was always suspected/expected that if you gave lots of money, you would have a different level of access than those who didn't, but it wasn't written in stone.
I’m wondering if it will affect donations. I really think it is going to. Donations are out of hand anyway, may change the dynamic of Athletic donations across the Country.
big time boosters it wont matter since they will reap the benefits of the lower business taxes . Companies and Corporations just got a 10% off their taxes if I understand the bill correctly
Be interesting to see how it plays out. I understand why the U does it with the whole donation with revenues and tax breaks etc. but drives me nuts with seats how they call it a "donation" for seats or as I call it a "forced donation." Wish they'd just have you pay a lump sum where if it's $55 per game and sit in a $50 donation make them pay up front $62.14 and add it all up instead of paying for tickets then get the letter later on asking for your "donation" to get your tickets.
WSJ is estimating it will be $200M in extra Fed Tax Rev in year one. So I'm assuming that the Universities to change "Forced Donations" to some other form of revenue stream. Also sounds like it will hit larger population schools ( Michigan, OSU, USC....) more so than smaller population school with less demand for tickets.
