Methods of
Giving
Unrestricted Gifts
Membership contributions to the LAA are unrestricted if they are
not directed to a specific sport or purpose. These contributions go
into the athletics general fund. These gifts count toward seating
and parking priority at football and basketball games.
Restricted Gifts
Gifts directed toward non-scholarship purposes are restricted
gifts. These gifts may not count toward member benefits and DO NOT
COUNT TOWARD SEATING OR PARKING PRIORITY.
Matching Gifts
Many companies will match your gifts to support scholarships at
NAU. Please consult the benefits office at your place of
employment. You may be eligible to double or triple the value of
your gift and benefits. Your initial gift must be in by June 1, but
the matching gift may be completed throughout the year.
Gifts in Kind
Contributions of product, merchandise, equipment or
services are often provided in support of the athletic program.
Gifts in Kind may not count toward membership benefits. Gifts of
real property and securities are acceptable and may provide some
tax advantages for you as a donor. Please consult your tax
adviser.
Estate Gifts
Gifts through wills and bequests can provide you with benefits and
opportunities to sustain your family name through endowed
scholarships with the NAU Foundation. Benefits on these gifts are
evaluated on an individual case basis.
Tax Information
Under applicable provisions of the Internal Revenue Code (IRC) the
amount of a contribution that is deductible for Federal Income Tax
purposes is limited to the excess amount contributed over the value
of any goods or services provided to the donor by Northern Arizona
University. The IRC provides that 80 percent of an amount paid to
or for the benefit of an institution of higher education shall be
treated as a charitable contribution if, as a result of the
payment, the donor receives the right to purchase tickets for
seating at an athletic event in a stadium at the institution.
Please consult your tax adviser to determine whether these
provisions apply to you.
Cancellation Policy
Relinquishing your Lumberjack Athletic Association membership
automatically cancels all football and/or basketball season tickets
in LAA reserved seating areas. Priority is assigned based in part
on continual years as an LAA supporter and cannot be re-established
after cancellation and is not transferable. Monies received are
non-refundable.
Interested in supporting Lumberjack Athletics? Call (928) 523-5353
for more information.
