Thank you for your patience as we update our website and giving platform. As we get closer to our April 30, 2020 priority giving deadline, we are excited to share some progress within our giving platform:
*Your Priority Point breakdown and rank can be found under the ‘Donation’ tab: Hokie Club Priority Points Program*
If you need help signing in to your online account, please contact the Hokie Club for assistance via email: firstname.lastname@example.org or by phone: 540-231-6618.
Mail a check, payable to “VTAF” to the Hokie Club Office at P.O. Box 10307, Blacksburg, VA 24062.
Mail in a Pledge Form
Print off and mail in a VTAF Pledge Form along with your payment information. Gifts can be made via credit card or check.
The HokieMatic electronic transfer option allows the member 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 15th or 30th of each month as specified by the member. The Hokie Club will automatically renew the member’s Hokie Matic membership each year until directed otherwise by the member and therefore the member will never become inactive. For detailed instructions, click here.
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.
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 involves 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.
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.
The Virginia Tech Foundation, which acts as the depository for the Virginia Tech Athletic Fund, is a non-profit 501(c)(3) organization. For gifts designated to the Virginia Tech Athletic Fund, we are currently reviewing recent tax law changes and expect to provide additional information regarding the implications for such gifts at a later day. We recommend you consult your tax advisor to determine how the new tax law may affect you. A portion of your gift will be used to defray the cost of development operations. Any donation made to the Virginia Tech Athletic Department makes the donor a representative of the university’s athletic interest per NCAA regulations.
Waiver of Benefits
For a gift to be 100% tax deductible, the donor must decline their right to receive any benefits at the time you make your contribution. Please consult your tax advisor for more information.
Donor Advised Funds, Private Foundations & IRAs
Contributions from these avenues can be accepted and are welcome. Please note that that Virginia Tech Athletic Fund cannot offer any benefits including priority points and annual scholarship fund benefits for gifts coming from a donor advised fund, private foundation, or IRA per IRS regulations. Contributions from those sources may only be applied to a gift that is 100% tax deductible. Please consult your tax advisor for more information.