Making a Large Lump-Sum Donation

[golfballs]

I think this has been discussed before but I can't find where.

I've heard of people donating a large sum to academic departments and, in return, getting football tickets every year.

Does anyone have information on this?

[me410ec]

Try utsports.com under the Tennessee Fund tab.

[golfballs]

I already donate through the Tennessee fund. I'm not interested in donating to athletics. I want to know about donating to an academic department. I've heard of people doing this and still getting football tickets.

[Fijivol72]

Depends on the amount you are willing to shell out.

[golfballs]

Originally Posted by Fijivol72

Depends on the amount you are willing to shell out.

That's what I want to know.

Any ballpark figures?

[EvanStalcup1990]

Donate to me, I will get you your tickets.

[BruinVol]

Originally Posted by golfballs

That's what I want to know.

Any ballpark figures?

With the state of the economy and the ticket issues we are having I would guess that figure is much lower than before. I would assume a donor would have an easy negotiation ATP to get a few extra perks.
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[Fijivol72]

Golf, think in the 20,000 range. That's what it use to take but I agree they may be getting desperate.

[golfballs]

Originally Posted by Fijivol72

Golf, think in the 20,000 range. That's what it use to take but I agree they may be getting desperate.

Thanks. I thought that was the number I remembered hearing.

[BruinVol]

Originally Posted by golfballs

Thanks. I thought that was the number I remembered hearing.

Sounds about right but I darn sure wouldn't be afraid to ask if I was giving 10k.
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[bigdaddy]

Another question, since you get tickets out of the deal how much of that donation is tax deductible?

[golfballs]

Originally Posted by bigdaddy

Another question, since you get tickets out of the deal how much of that donation is tax deductible?

I'm sure it would be treated similarly to a donation to athletics.

I'm not terribly concerned with the tax write-off

[tripper]

Speak to the department head you wish to donate to directly, first. This will save you a bunch of time. About $25,000 used to get you a meeting. It is substantially less now.

[bigdaddy]

Got you.

[golfballs]

Originally Posted by tripper

Speak to the department head you wish to donate to directly, first. This will save you a bunch of time. About $25,000 used to get you a meeting. It is substantially less now.

Thanks