UMass Athletic Association donations are designated as either Total Program (unrestricted contributions) or Specific Sport (restricted contribution) gifts. How you would like your contribution to be used determines how you designate your gift.
TOTAL PROGRAM - Unrestricted Contributions NOTE: An unrestricted contribution can bring you maximum Bonus Priority Points SPECIFIC SPORT - Restricted Contributions (Used to support a specific team)
Options for making your pledge or donation.
WHEN TO MAKE YOUR GIFT
(a) For 10 (ten) Special Bonus Points, fulfill your annual pledge by August 31.
(a) Football August 1
(b) Hockey September 1
(c) Basketball (M&W) September 15
You can make your donation with cash or checks or charge to your MasterCard, Visa, or Discover card. Companies may match employee's contributions. Check with your company's Human Resource Office to see if your gift can be matched with company funds. Why give stocks and securities? Here are some of the advantages:
- Significant tax benefits
- Avoid capital gains taxes on appreciated securities by donating directly to the UMAA.
The UMAA can be named a beneficiary in planned giving in the form of trusts, wills, bequests and insurance policies. Providing goods and services in lieu of cash gifts is another way to support the UMAA and help reduce athletic department expenditures. * Contact the Athletic Development Office to discuss the possibility of making a Planned Gift or a Gift in Kind.
If you choose to enjoy the UMAA benefits (i.e. Priority Points, etc.) remember that the maximum portion of your total annual UMAF gift, for IRS purposes, is 80%. It may be less, based on your level of giving and associated benefits. Your latest University Development acknowledgement will show both the face amount of your UMAF contribution(s) and your appropriate IRS deduction, based on your level of giving. NOTE: Major gifts associated with endowments or capital projects do not count towards annual UMAA benefits (unless requested) and thus qualify as a 100% deduction for the IRS. |
|||||||||||||||||||||||||||||||||||||||||||||||||