Tax Benefits

Congressional Tax Reform:

In December of 2017, as part of the tax reform bill, Congress passed legislation eliminating the 80% philanthropic component for donations made to Universities for the right to purchase season tickets. Under the old Mocs Club structure, donors who purchased season tickets were able to deduct 80% of their entire contribution for tax purposes. As with all gifts, we encourage you to speak with a tax advisor as it pertains to your contribution.

Mocs Club Interpretation:

After review of this new legislation and examining our current seat donation structure ($100 required gift per account), we will be making the following adjustments to the Starter Level:

The donation required to have the right to purchase reserved season tickets in Football and Men's/Women's Basketball will be moved to $100/account, and will be a non-philanthropic contribution.
Any contribution made to the Mocs Club in excess of this first $100 will be 100% tax-deductible, and you are still eligible to receive Mocs Club benefits such as parking, hospitality, etc. (see benefits chart for full offering).
If you do not wish to purchase season tickets in any sport, then you will have the option to waive your seating rights and will be able to deduct your entire gift, no matter of size.

Please consult your tax advisor for more specific guidance to your tax situation.