Preferred Seat Donation

Similar to the Annual Fund, your gift to the preferred seat program helps elevate Michigan Athletics to a new level of excellence. Your gift provides critical resources which will go directly to the area with the greatest need. With your support, we are able to address our priorities and impact our program in an immediate and positive way.

Your gift to Michigan Athletics indicates your enthusiasm for the work we are doing and also your trust in our vision. Please know that we are truly grateful and we receive your gift with a remarkable sense of responsibility. We promise to use our resources in the most effective and efficient manner that we are able in order to advance our mission.

2017-18 PSD Brochure

Make Your Preferred Seat Donation (PSD) Payment

 

Information on the Recently Signed Tax Legislation

Currently, preferred seat donations are considered 80 percent tax deductible under IRS code.  The tax legislation that was recently signed eliminates that tax deduction.  The preferred seat donation program will continue for football season ticket holders as well as season ticket holder for men’s basketball and hockey in designated seating areas for the 2018-19 seasons.  Below is a message from Donald R. Shepherd Director of Athletics Warde Manuel on the new legislation as well as some frequently asked questions.

Message from Warde Manuel

Greetings from Ann Arbor.

Thank you for your generous support as a donor and season ticket holder. I would like to update you on the Preferred Seat Donation program as it relates to the recently signed tax legislation. As you may be aware, one of the impacted areas of the new tax bill is the ability to deduct charitable contributions associated with the purchase of season tickets. Effective for tax years beginning on or after January 1, 2018, donations associated with the purchase of tickets will no longer be tax deductible.

The Preferred Seat Donation program will continue for all football season ticket holders and for designated areas for men’s basketball and ice hockey for the 2018-19 seasons.

Preferred Seat Donations provide the necessary resources to address academic, career development, and athletic needs of more than 900 student-athletes across all 29 varsity teams. This program is pivotal in allowing Michigan Athletics to remain one of the few self-sustaining athletic departments in the country.

If you have not yet made your Preferred Seat Donation and wish to do so again this year, you may do so at mgoblue.com/psd. You will receive a gift receipt for 80 percent of the donation amount provided it is complete by December 31, 2017. Beginning January 1, 2018, Preferred Seat Donations will no longer receive a tax receipt.

With this new legislation, we will continue to assess and communicate any future changes. Based on our already announced commitment to you, Preferred Seat Donation amounts will remain the same for the 2018-19 seasons. Additionally, football season ticket pricing will not increase for the 2018 season.

We thank you for your commitment to our student-athletes and coaches. We wish you a happy holiday season and Go Blue!

Warde Manuel Signature

 

 

 

 

Frequently Asked Questions

How will Preferred Seat Donations be affected this year should this legislation pass?
Should this legislation pass in its current form, Preferred Seat Donations will no longer be 80 percent tax deductible, effective January 1, 2018.

Will the Preferred Seat Donation still be required this year should this legislation pass?
Should this legislation pass, Preferred Seat Donations will still be required for all football season ticket holders and for designated areas for Men’s Basketball and Hockey.

If Preferred Seat Donations will no longer be tax deductible if this legislation is passed, why are they not being removed/reduced?
Preferred Seat Donations provide the necessary resources to address the academic, career development, and athletic needs of more than 900 student-athletes across all 29 teams. The $30M generated from the Preferred Seat Donation program allows Michigan Athletics to remain one of the few self-sustaining athletic departments in the country. Approximately 20% of the Michigan Athletics annual budget is funded through private donations, which includes the Preferred Seat Donation program.

Will Preferred Seat Donations be required in future years should this legislation pass?
We are currently assessing the situation, analyzing the potential impact, and discussing how to move forward should this legislation become law.

What if I have already paid my Preferred Seat Donation for the 2018/19 season(s)? Will it be tax deductible?
Our current understanding is that any potential changes would impact seat donations made during 2018 and beyond and that 2017 would not be impacted. With that being said, we will not know the final impact until any potential legislation is passed.