What is an annual gift to
athletics and how can I give?
An annual gift is a pledge that is renewed on an annual basis. Each
year during our scholarship drive you will be asked to renew your
gift. As far as ways to give to Northern Arizona University
Athletics, we always accept cash, check, Visa, and or MasterCard.
Your gift will be acknowledged by receipt. Checks should be made
payable to NAU Athletics. Credit card (Visa and MasterCard)
donations are an easy way to contribute.
Are the scholarships
already covered by the State of Arizona?
No, the State of Arizona provides the department with some funding.
However, it will take approximately $2.65 million annually to fully
fund our scholarships.
If I contribute to the
Scholarship Fund and to your Corporate Partnership Program can I
combine my contribution to receive a higher benefit
level?
No, The Lumberjack Athletic Association Scholarship Fund benefit
levels only recognize donors who are contributing to the annual
fund. So, if you give $500 to the scholarship fund and $500 for a
sign at our Volleyball venue your annual gift to scholarships is
considered $500 and you will be recognized at our $500 benefit
level.
In the past I have been a
member of the Skyjacks, 3-Point Club, and the Quarterback Club. How
will the consolidation affect my annual gift credit?
If in the past you gave $500 to each of the three groups you were
being recognized for a $500 gift by three different clubs, and you
were getting the benefits associated with the individual groups.
Now, you will be recognized at a higher level one time. This will
allow you a much greater return on your gift. (See Lumberjack
Athletic Association brochure for more details)
How does the consolation of the Booster Clubs affect the
individual sports?
For the most part it will not affect the majority of the sports.
For those sports that had active clubs it will not have a negative
impact.
If I want to give to athletics and want the money to
benefit a particular sport can I designate where it
goes?
Yes, you can choose which sport you want your contribution to go
to. You simply will have to make note on your renewal form. All
scholarship related annual gifts will count toward your benefit
level and toward your seat location.
If I want to give to a particular sport and want the money
to assist the program in other ways than scholarships, can I do
that?
Yes, all gifts made to the Lumberjack Athletic Association that are
marked for non-scholarship use will count toward your overall
benefit level. However, only donations made for the intent to
assist with scholarships will count toward your amount needed for
your seat location. For example, if I want four seats in section T
for football I must contribute at least $500 annually toward
scholarships to obtain the right for those seats.
Has there been a big change
in the benefit levels?
No, there have not been any major changes. There have been a few
changes to ensure our members the ability to receive the maximum
amount of tax-deductible benefit. For the most part, the changes
were made out of necessity to abide by the federal tax laws. You
might have noticed that your tax deductible portion of your Skyjack
Membership has gone down this year. For the first time our members
are getting an actual reflection of the cost to fulfill their gift.
An example of how the change will help: In the past if I were to
contribute $100 on an annual basis I would have received $116 worth
of benefits. As a result there was no tax deductible benefit of
being an annual contributor. With the new club the maximum amount
allowed by the IRS will be tax deductible. According to the IRS you
now will be allow to have 80% of your gift be deductible.
How do I improve my seat location?
If you are interested in improving your current seats, you may
inquire about or request a new location by making a note on your
renewal statement and including it with your payment.
Interested in supporting
Lumberjack Athletics? Call (928) 523-5353 for more information or
click here to give online.
