2018 Hokie Club Donor Guide

Donor Agreement Donors to the Virginia Tech Athletic Fund adhere to and abide by the rules and regulations concerning intercollegiate athletics as determined by the NCAA, the Atlantic Coast Conference, and Virginia Tech. Should questions arise concerning the various rules and regulations, donors acknowledge they should contact the Virginia Tech Athletic Compliance Office at (540) 231-2696. Donors agree that should they be found by the NCAA or the university to have violated, knowingly or without regard for the same, rules or regulations, they may be disassociated from the university, athletics program, and its activities. Donors can be expelled as a member of the Hokie Scholarship Fund and will forfeit all benefits and privileges (including the right to receive priority season tickets and parking at specified athletic events) until the end of the period of disassociation and subsequent reinstatement by the Hokie Scholarship Fund. Tax Information All contributions to the Virginia Tech Athletic Fund are considered gifts to Virginia Tech and are credited at full value for the purposes of the donor’s gift record at the Virginia Tech Foundation. Any contribution that entitles the donor to benefits is 80 percent deductible for income tax purposes, according to IRS Code Section 170(I). In addition, the IRS has ruled the 80 percent portion of your contribution is only tax deductible to the extent it exceeds the value of any additional benefits received. The Virginia Tech Foundation will issue a tax receipt to individuals who make a contribution to the Virginia Tech Athletic Fund. We recommend you consult your tax advisor to determine how the tax laws may affect you. Waiver of Benefits For a gift to be 100 percent tax deductible, you must decline your right to receive any benefits at the time you make your contribution. To decline your right to receive benefits, contact the Virginia Tech Athletic Fund at (540) 231-6618. How can I make my gift online? To make your gift online, you will want to go to hokieclub.donornetpac.com and log in to your VicTory Account. The VicTory Account was introduced in November 2016 and allows Hokie Club members to manage their giving and track their real-time priority point ranking. To set up your VicTory Account, please visit hokieclub.com. How can I keep my seats and parking the same for 2018? It’s easy! For scholarship seating, all you have to do is maintain the minimum per-seat gift requirement for your seat location to retain your seats until the next reseating. However, for parking, you must maintain your annual giving level to keep your same parking Frequently Asked QUESTIONS space. For example, if you gave at the Platinum level in 2017, you would be asked to give at that level again to retain your parking space even if your per- seat gift requirements are less than the Platinum level. Otherwise, you could retain your seats, but you would be asked to re-select your parking. I am already a Hokie Club member. How am I impacting the “Drive for 25”? As a current Hokie Club member, your support is vital, as we continue to reach for excellence in supporting Hokie student-athletes. In renewing your gift to the Hokie Scholarship Fund by March 31, 2018, you are committed to being a part of our membership as we continue to Drive for 25,000 Hokie Club members. It will take all of Hokie Nation—both new members and renewed supporters—to reach our goal! If I choose to give to a specific sport, am I still considered a Hokie Club member? Yes! Sport-specific gifts are sincerely appreciated by Virginia Tech coaches and student-athletes and count toward being a Hokie Club member! Any sport- specific giving is above and beyond gifts to the Hokie Scholarship Fund and adds to a donor’s cumulative priority point total. However , sport-specific gifts do not count as a Hokie Scholarship Fund gift and do not offer donors the benefits, including priority season ticket and parking benefits. To activate your Hokie Club Priority Points and be ranked for priority seat selection and parking for football and men’s basketball, a minimum gift of $100 to the Hokie Scholarship Fund is required by March 31, 2018. Q A Q A Q A Q A 19