Values of Membership Benefits:
For federal income tax purposes, your charitable deduction is limited to the excess, if any, of your contribution over the value of the goods or services provided to you by the Great Dane Athletic Club. Token (or de minimis) items such as thank-you packets, magnets, etc. do not affect your deductibility status. Other benefits received in consideration for donations can further reduce deductibility and are listed below.
Please note that there may or may not be benefits associated with your gift which could affect its tax-deductibility. Below is a complete listing of benefits and their values. Please consult a tax advisor to determine the tax deductibility of your contribution.
Fair Market Value of GDAC Benefits:
- Complimentary Football Parking - $10 per game (per vehicle)
- Complimentary Men’s Basketball Parking - $10 per game (per vehicle)
- Courtside Corner Hospitality – $10 per person per game
- Premium Apparel Item - $25 per item