2019 Hokie Club Donor Guide

14 Online through your VicTory Account Visit hokieclub.com and click “Give Now” in the upper right-hand corner. From there, you will be directed to the DonorNet site that will prompt you to enter your VicTory Account information to sign in. If you have not set up your VicTory Account, there are step-by-step instructions that will assist you. Online contributions can be made via MasterCard, Visa, Discover, or American Express credit cards. Mail Mail in a Hokie Scholarship Fund renewal form along with your payment information. Gifts can be made via credit card or check. Check Mail a check, payable to “VTAF” to the VTAF office at P.O. Box 10307, Blacksburg, VA 24062. Please include your Hokie Club account number on the memo line. HokieMatic (Electronic Funds Transfer) The HokieMatic electronic transfer option allows the donor to have his or her annual donation drafted with even payments on a monthly basis from a specified banking account; either checking or savings accounts are acceptable. Drafts will occur automatically on either the 15 th or 28 th of each month as specified by the member. The Hokie Scholarship Fund will automatically renew the donor’s HokieMatic donations each year until directed otherwise by the donor. Please contact the Hokie Club at hokieclub@vt.edu for more information. Matching Gifts You may be able to increase your level of giving by matching your gift with matching funds from your employer. If your employer will match gifts to the Virginia Tech Athletic Fund, please enclose your employer’s form with your contribution. With recent tax law changes, your company’s matching gift program may no longer match gifts that allow for ticket benefits (non-deductible gifts under the new tax laws). Please consult with your company for more information. Gifts- In-Kind Donated items or services that would normally be purchased by the Virginia Tech Athletic Department are considered gifts-in-kind and are always appreciated. Subject to approval and IRS regulations, the value of the contribution would be credited to your cumulative giving amount. NOTE: Gift-in-Kind donations do not qualify as Hokie Scholarship Fund donations. Gifts of Securities Stocks, bonds, mutual funds, etc. are accepted and appreciated by the Virginia Tech Athletic Fund. These gifts typically involve publicly traded shares, such as those traded on the major exchanges and over the counter, as well as most mutual funds. Gifts of privately held stock, though more complex, are also possible. Supporting Virginia Tech with a gift of securities can provide significant tax benefits for the donor –bypassing capital gains taxes and providing a valuable income tax deduction–both of which effectively reduce the cost of making a gift. For more information, please contact the Virginia Tech Foundation at (540) 231-2861. Planned/ Estate Gifts Gifts in the form of life income gifts (Charitable Remainder Trust, Charitable Gift Annuity), charitable lead trusts, and/or bequests are common ways to state your intentions of leaving a future gift to Virginia Tech Athletics while receiving substantial income, estate, and gift tax benefits now. Donor Advised Funds, Private Foundations & IRAs Please note the Virginia Tech Athletic Fund and Virginia Tech Foundation cannot accept contributions subject to the 80 percent rule from any private foundation, donor advised fund, or IRA rollover. Contributions from those sources may only be applied to a gift that is 100 percent tax deductible. Please consult your tax advisor for more information. Give Ways to WAYS TO GET INVOLVED