Important 2014-15 Tax-Deductibility Information

For Jaybackers with men's basketball season tickets or those Jaybackers who designate their gift to General Fund, Men's Basketball, Coaching Excellence, Leadership, Scholarships, Sixth Man Club or any athletics endowed scholarship that is available to all student-athletes, the tax deduction is equal to the donation amount less 20 percent and less the value of other tangible benefits listed within the membership level (parking passes, gifts, apparel, etc.). This rule is in accordance with Section 170(I)(2)(b) of the Internal Revenue Code. In the 2015-16 Season Ticket & Jaybacker Brochure, the value of benefits is listed within each level of 2015-16 Jaybacker membership.

In order to deduct 100 percent of a Jaybacker contribution, the donor must submit in writing – via a letter or an e-mail – a waiver of benefits at the time of making a pledge and/or contribution. A waiver of benefits communication from the donor precludes the donor from receiving rights to any good or services as a "quid pro quo," anything in exchange for a contribution.

By submitting a waiver of benefits communication, the donor further understands that he or she is ineligible to purchase or renew men's basketball season tickets in donation-required sections of the arena and that he or she will not receive parking passes, gifts, apparel items or any other tangible benefit. For more information regarding tax-deductibility, donors are encouraged to consult with a legal or financial advisor.

To learn about other 100-percent tax-deductible giving opportunities to Creighton Athletics including the use of foundation-based gifts, please contact the Creighton Athletics Development Office at (402) 280-3498.

Jaybackers Tax Information

Important 2014-15 Tax-Deductibility Information

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