
2011-2012 Benefits for all Preferred Season Ticket Holders: One (1) complimentary season parking pass at the Bradley Center per account* * - Sales tax is required on all parking passes, per state regulations.
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Location |
Minimum Donation |
Ticket Price # |
Sections |
Courtside |
$6,500 |
$950 |
|
End Court |
$3,500 |
$950 |
|
Preferred |
$3,000 |
$800 |
Contact Brian Bowsher for more information on securting your 2011-2012 Preferred Seats:
brian.bowsher@marquette.edu or 414-288-3040.
Preferred Seating Notes:
1. The sole tangible benefit preferred seat holders receive is parking at the Bradley Center (Exact amount TBD: Approx. $340). This tangible benefit is not permitted to be claimed as a deduction under IRS guidelines. Parking location is not differentiated for holders of different seating levels; hence, the benefit for parking is the same at all levels. However many seats the ticket holder purchases, they still receive a single parking pass; again the benefit is the same at all levels.
2. Blue & Gold Fund donations for each preferred season ticket purchased have a quid pro quo discount of 20% in accord with the IRS 80/20 rule. In other words, 80% of the cost of each preferred seat donation minus the cost of each parking pass is the appropriate tax deduction amount.
Example: You purchase two preferred seats with a $3,000 Blue & Gold Fund donation each. The tax deduction will be the $6,000 Blue & Gold Fund donation minus the cost of the parking pass ($340) multiplied by 80%. You would be allowed $4,528 in tax deductions.
Preferred Blue & Gold Fund Seat Donation |
$6,000 |
Less: Cost of Parking |
($340) |
Total Donation Less Benefits Received |
$5,660 |
20 % IRS Discount |
x .80 |
IRS Tax Deduction |
$4,528 |