Understanding the Repeal of the 80/20 Rule with FSU’s Tom Jennings

The recently passed tax legislation disallowing 80% of tax-deductible “gifts” has raised issues when it comes to athletic seating deduction/counting. Athletic departments now require individuals to pay for the privilege of purchasing season tickets. On this edition of Futures in Fundraising, Tom Jennings, VP of University Advancement and President of the Florida State University FoundationRead More Understanding the Repeal of the 80/20 Rule with FSU’s Tom Jennings

Dealing with the “80/20” rule: Why not take all of me?

The athletic seating deduction/counting issue arising from the recently passed tax legislation disallows 80% of the tax-deductible “gift.” This means athletic departments now require individuals to pay for the privilege of purchasing season tickets.