Proposed Tax Legislation

Thank you for your generous investment in the success of UGA’s student-athletes through your financial contributions to The Georgia Bulldog Club (TGBC).

Your support provides more than 600 student-athletes with opportunities to succeed in the classroom, excel in competition, and serve in the community.

We would like to inform you about some impending legislation that could impact the tax deductibility for future ticket-related per-seat contributions. As you are likely aware, Congress is currently considering changes to the tax code that could be signed into law in the next couple weeks. While much is left to be determined, the proposed changes may have a direct impact on your ticket-related per-seat giving. For example, current IRS tax code allows donations to be 80% deductible if paying such amount provides the right to purchase tickets for seating at university athletics events. While still subject to revision, under a current federal tax proposal, annual contributions required for season ticket purchases, including club seats and sky suites, would no longer be deductible beginning in 2018. 

While the priority giving deadline for the 2018 Hartman Fund is February 15, 2018, we wanted you to be aware of this legislation as the 2017 tax year comes to an end. Due to the uncertainty regarding the potential changes in tax code and future tax-deductibility of ticket-related per-seat donations, along with other potential adjustments to tax credits and deductions, it may be to your advantage to make annual, ticket-related per-seat contributions for 2018 and future years prior to December 31, 2017 to guarantee tax-deductibility under current tax law. If it benefits you to donate appreciated securities, this giving option is available and our staff is happy to discuss it with you prior to the end of the year. 

Please keep in mind that the proposed legislation is subject to change, including the effective date of any changes to existing tax provisions. We advise you to consult with your own tax advisors to determine whether this opportunity is of value to you. 

We will provide any updates as we know more about how this legislation may impact TGBC members who purchase season tickets. Please note, per-seat donations and premiums will still be required for all football season tickets and for select seating areas for basketball, baseball, and gymnastics for the 2018-19 seasons.

The Georgia Bulldog Club staff is happy to personally assist you with making a gift or answer any questions you may have related to your ongoing generous support of UGA Athletics. TGBC office is open from 8:00 a.m.-5:00 p.m., Monday-Friday, excluding December 25 and 26, and can be contacted at 877-GA-DAWGS whereas online giving is available 24/7 by visiting TheGeorgiaBulldogClub.com.

All of us here at UGA Athletics are thankful for the commitments that you make to our student-athletes, and we wish you and your family all the best this holiday season. Go Dawgs!

Sincerely, 

Matt Borman
Executive Associate Athletics Director
Executive Director of The Bulldog Club

This is not intended as legal or tax advice. We advise you to consult with your professional tax advisor before making any tax-based decisions on determining whether giving before the end of the calendar year is of value to you.

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