Thank you for your interest in supporting one of the Priority Seating Funds of the Ole Miss Athletics Foundation. Our coaches, staff, and most importantly our student-athletes are grateful for your continued support.
Click here for the 2017-18 Annual Fund Handbook & priority seating information.
Information on Proposed Tax Legislation
The recently passed Tax Cuts and Jobs Act may affect part of your donations for the 2018-19 year. Previously, Internal Revenue Code section 170(l) allowed for an 80% charitable deduction for donations given resulting in a right to purchase seating in athletic venues. The new tax bill has eliminated this charitable deduction. This bill has passed, and the change will be effective January 1, 2018. Donations made for seating by December 31, 2017 will follow the currently effective tax law in place and receive charitable contribution credit for tax deduction purposes. Although the allowance for deductibility will change in 2018, the priority seating programs in our venues and the per-seat donation amounts will remain consistent for the 2018-2019 sports year.
Donations to the Annual Fund above and beyond the priority seating amounts will continue to be treated as 80% charitable, as these are not tied to your seating purchases.
Please find a message from Executive Director Keith Carter, as well as some frequently asked questions below. We will continue to update this site and communicate with you as we get more information.
- Message from Keith Carter
Thank you for your continued investment as a season ticket holder and priority seating donor to Ole Miss Athletics. Your attendance on game days ensures a great atmosphere at events, and your financial support provides the necessary resources for our student-athletes to compete at the highest levels.
We would like to provide you with information regarding pending legislation that could impact you as a priority seating donor. As you are likely aware, Internal Revenue Code section 170(l) currently allows for 80% of a donation paid for seating at an athletic event in an athletic stadium of an institution of higher learning to be considered a charitable contribution. Under the current federal tax bill in both the House and Senate, deductions for seating donations would no longer be allowed. We want you to be aware of this proposed deduction change as the House and Senate continue to move forward with their voting and as the 2017 tax year comes to an end. We recommend that you consult with your tax advisor on this matter. We are assessing the situation in order to analyze the potential impact should this legislation become law.
However, should this legislation pass, the priority seating program currently in place will still continue for the 2018-19 seasons and the per-seat donation amounts will remain the same. The charitable/deductible portion of the seating donations will change. For a list of our annual per-seat donations, please visit click here.
We are grateful for your commitment to our student-athletes and coaches, and we thank you for your unwavering support for Ole Miss Athletics. We will communicate to you the outcome of the tax bill and how that will affect your charitable contributions to our priority seating fund.
Executive Director / Senior Associate Athletics Director for Development
- Frequently Asked Questions
When will we know the outcome of this potential legislation?
This depends on the legislative process which can vary based on a variety of factors but the current administration has indicated that their goal for a vote on the bill is prior to the end of 2017.
How will Priority Seating Donations be affected this year should this legislation pass?
Should this legislation pass in its current form, Priority Seating Donations will no longer be 80% tax deductible, effective January 1, 2018.
Will the Priority Seating Donation still be required should this legislation pass?
Should this legislation pass, Priority Seating Donations will still be required for all football, basketball, and baseball season ticket holders who have seats in sections that require per-seat donation.
Will I still receive priority points for my Priority Seating Donation should this legislation pass?
Should this legislation pass, it is our current understanding that Priority Seating Donations will still accrue priority points (1 point per $100 contributed).
If Priority Seating Donations will no longer be tax deductible if this legislation is passed, why are they not being removed/reduced?
Priority Seating Donations provide the resources necessary to the athletics department to address the academic, career development, and athletic needs of nearly 400 student-athletes. Approximately 18% of the Ole Miss Athletics annual budget is funded through private donations, which includes the Priority Seating Donations.
What if I have already paid my Priority Seating Donation for the 2018-19 membership year? Will it be tax deductible?
Our current understanding is that any potential changes would impact seat donations made beginning on January 1, 2018 and that donations made in 2017 would not be impacted. With that being said, we will not know the final impact until any potential legislation is passed.
- Priority Seating Staff
Ole Miss Athletics Foundation Priority Seating Staff
The Ole Miss Athletics Foundation annual giving staff would like to make your membership as enjoyable as possible. We would be happy to meet with you or discuss over the phone any questions you may have. Your phone calls, emails, or office visits are always welcomed.