Tax Information
Is my donation tax deductible?
The Virginia Athletics Foundation (VAF) is a 501(c)(3) tax-exempt organization recognized as a public charity. In addition, gifts made to the Foundation qualify for the charitable contribution deduction under Section 170(b)(1)(A).
Gifts that qualify for income tax deduction are those not associated with benefits including the right to purchase tickets for seating at home university athletics events. This includes gifts made to the endowment, Sports Enhancement Funds, capital projects, special projects, athletics department operations, and Annual Fund or Friends Of contributions where the donor waives their right to benefits.
According to current IRS regulations, gifts that are not tax-deductible are those that provide the right to purchase tickets for seating at home university athletics events.
Please refer to our Giving Levels chart to determine the portion of your Annual Fund or Friends Of gifts that is associated with the right to purchase tickets. In addition, per seat commitments, or suite lease commitments associated directly with home seating benefits may not be tax-deductible. VAF donors may access their tax receipts through their VAF Account Management portal.