Campaign Details
Fund-raising Year
January 1 through December 31
Establishing Benefits
A pledge is considered a commitment to give and immediately establishes the current year giving level and the benefits associated with that level. In addition, it enables priority points to be calculated.
Paid pledges are non-refundable.
Funding Your Gift
Donors make gifts and pledge payments by cash, check, stock, or Visa, MasterCard, American Express, and Discover credit cards.
Billing Procedure
You can make a pledge to establish your giving level now and make the payment throughout the year. Statements are mailed quarterly in March, June, September and December. If you prefer to make monthly payments, please mail gifts directly to the Virginia Athletics Foundation office. Donors can make a gift by MasterCard or Visa at any time on the Virginia Athletics Foundation website.
Campaign for the University of Virginia
All gifts to the Virginia Athletics Foundation count toward the current $3 billion University campaign Knowledge is Power. Additionally, donations of $2,500 or more received during the University's fiscal year (July 1-June 30) count toward cumulative giving for consideration in the University's Rotunda Society.
Tax Deductibility
You will receive written verification of gifts received in a calendar year. As a result of your contribution to the Virginia Athletics Foundation, a 501 (c) (3) organization, you have the right to purchase tickets to athletics events. Therefore, the amount of your contribution, less any of the valued benefits listed below*, is 80% deductible. Please consult your tax advisor for details (IRS Code Section 170[1]).
* If you are eligible for any of these benefits as a donor to the Virginia Athletics Foundation, please note that the value of the benefit is not tax deductible and must be subtracted from the donation for tax purposes
(IRS Code Section 6115): |
| |
Women's Basketball Media Guide: $20 |
Men's Basketball Media Guide: $20 |
Football Media Guide: $20 |
Cavalier Corner Subscription: $17.82 |
Waiver of Benefits
To qualify for 100% tax deductibility of your gift, we must receive a written statement of your decision to waive your right to any benefits (which includes priority points) at the time of your gift.
|