Priority Seating and ParkingLearn More
Priority Seating and Parking
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
The Tax Cuts and Jobs Act may affect your the tax deductibility of your donations to the Ole Miss Athletics Foundation. Previously, Internal Revenue Code section 170(1) allowed for an 80% charitable deduction for donations given resulting in a right to purchase seating in athletic venues. The Tax Cuts and Jobs Act has eliminated this charitable deduction, effective January 1, 2018. Donations made for seating by December 31, 2017 follow the former tax law in place and receive charitable contribution credit for tax deduction purposes. Although the allowance for deductibility changed in 2018, the priority seating programs in our venues and the per-seat donation amounts will remain continue.
Donations to the Annual Fund above and beyond the priority seating amounts will continue to be treated as 90% charitable, as these are not tied to your seating purchases. Other gifts may be up to 100% tax deductible. Please consult your tax advisor for determining your proper charitable deduction.