Reseating Thread

SZQ VCU

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Dec 5, 2012
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So specifically, if I contributed $2,000 to RAF and bought 6 tickets (6x$250=$1500) , I could only write off $500 on taxes. Did I get this part right?
 
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Feb 14, 2011
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So specifically, if I contributed $2,000 to RAF and bought 6 tickets (6x$250=$1500) , I could only write off $500 on taxes. Did I get this part right?
I think so, that is how I understand it anyway.

Out of your $2000.00 spent, VCU is saying that $250 per seat is the value you are receiving as a benefit and the $500 is a charitable donation. I'm not a tax person by any stretch (I pay people to be tax experts) but I went thru a similar thing last year with JMU donations and football season tickets. JMU did it a little differently; they broke it down per seat. For an OK section it's $200 per seat plus $250 per seat donation, regardless how many you purchased. Want a better section, the seat is $400.00 plus a donation of $1000 per seat. (Not actual numbers, I don't remember them)
 

VAHills

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Mar 27, 2013
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So specifically, if I contributed $2,000 to RAF and bought 6 tickets (6x$250=$1500) , I could only write off $500 on taxes. Did I get this part right?
Each season ticket will require a $250 donation that is not tax deductible. Anything you give above the $250 per seat will be tax deductible 100%.
 

ShoeSh1ne

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Mar 7, 2009
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The way I read it appeared that the tickets purchased would also be counted towards the donation. So you could give $ 1000, buy 2,tickets for $400 each and your donation would be $1800. I am pretty sure I am incorrect on this.
Yeah that can't be right. Currently I give $1k. I get 4 seats at ~$275/ticket putting me at around $2100 total. If the lowest level will be $1500 starting next year, and lets say $275 again for each ticket then I would only need to give $400 to reach $1500. A reseating that results in VCU getting less of my money seems impossible.

Guess we'll have to wait for more info.
 

irradiated_ram

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Jan 23, 2013
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Yeah that can't be right. Currently I give $1k. I get 4 seats at ~$275/ticket putting me at around $2100 total. If the lowest level will be $1500 starting next year, and lets say $275 again for each ticket then I would only need to give $400 to reach $1500. A reseating that results in VCU getting less of my money seems impossible.

Guess we'll have to wait for more info.
Pretty sure that is just the lowest to still receive any tax write-off. You can still donate $500 and get 2 season tickets
 

irradiated_ram

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Jan 23, 2013
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This is so confusing. I need a seat chart with total costs (all-in) associated with each section. Hopefully they’ll get on this soon.
The way I read it is that a minimum donation of $250 is required per ticket. This allows you to purchase the tickets.

In order to receive additional benefits like access to the hospitality rooms, better choice of seating, parking, etc, you need to provide an additional donation which they call a "philanthropic donation". The minimum amount of philanthropic donation is $1500. So if you just want one ticket and want access to the Commonwealth Room, your minimum RAF donation would be $1,750. The $250 donation to secure the ticket is not tax deductible; the philanthropic donation is tax deductible. @CAAFan66 provided the details above, they can also be found on the VCU Athletics website.


The part they have not released yet is how the different donation levels match up with the seating chart. I'm definitely not going to meet the minimum philanthropic donation so hopefully the sections I can pick from for reseating are too bad.
 
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Jul 14, 2011
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Yeah that can't be right. Currently I give $1k. I get 4 seats at ~$275/ticket putting me at around $2100 total. If the lowest level will be $1500 starting next year, and lets say $275 again for each ticket then I would only need to give $400 to reach $1500. A reseating that results in VCU getting less of my money seems impossible.

Guess we'll have to wait for more info.
I believe that it would actually be you pay $250 per ticket ($1k), an extra $500 for the lowest level, then pay the ~$275 for each ticket. Making your new total around $2600.
 
Feb 14, 2011
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This is so confusing. I need a seat chart with total costs (all-in) associated with each section. Hopefully they’ll get on this soon.
If I remember correctly, The last time we did a reseating, The RAF didn't send out all the info, including a "proposed" seating chart until March or April. It wasn't much in advance of the donation deadline, I think mid may.
 

irradiated_ram

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Jan 23, 2013
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Then you have to pay for a seat for that ticket.
Obviously. All the donations do is give you the opportunity to buy a season ticket. This season, 1 ticket was about $500 prior to any donations. Every year the price changes based on number of home games.

Assuming the same price for a ticket book next season, it looks like the cheapest a season ticket would run is $750.