Tax Deductibility FAQs
If I purchase season football tickets or parking, is it deductible?
No. According to the IRS, donors who make a contribution to or for the benefit of a college or university in exchange for the right to purchase tickets or seating at an athletic event in the university’s stadium cannot take a charitable deduction.
What if I simply make a charitable donation to the Bobcat Club? Is that tax deductible?
Yes. Please consult your tax adviser to determine the tax deductibility of your gift and retain all gift receipts for your records.
How does tax deductibility work when it comes to endowments?
Endowments are also tax-deductible. Please consult your tax adviser to determine the tax deductibility of your gift and retain all gift receipts for your records.
If I purchase a license plate, is it tax deductible?
No.
Disclaimer: Please consult your tax adviser to determine the tax deductibility of your gift and retain all gift receipts for your records.
