Ole Miss Athletics Foundation - Supporting the Success of Ole Miss Athletics
The Ole Miss Athletics Foundation is the fundraising arm of Ole Miss Athletics, currently comprised of over 8,600 members.
The mission of the Ole Miss Athletics Foundation is to aid the Department of Intercollegiate Athletics at The University of Mississippi and nearly 400 student-athletes that compete for the Rebels.
Members support the Ole Miss Athletics Foundation through any of the following:
The Ole Miss Athletics Foundation generates over $27 million annually, setting consecutive fundraising records each year over the past 4 years.
History of the Ole Miss Athletics Foundation
One of the most important aspects of the Ole Miss athletic program is the Ole Miss Athletics Foundation; an agency created to provide supplementary income for use by the Department of Intercollegiate Athletics. Formerly known as the UMAA Foundation and Loyolty Foundation, it has existed as a revenue generator for the athletic department since July 1, 1969.
Through this medium, alumni and friends of the Ole Miss Athletics Department can contribute to the department to aid in financing the high costs of educating student-athletes and improving facilities. Membership is open to all interested persons, and all donations are tax deductible.
Without this support, it would be impossible to run a first-class athletic program which has become an integral part of the University.
Under section 170(1) of the Internal Revenue Code, 80% of an amount paid to an institution of higher education is eligible for treatment as a charitable contribution if as a result of the payment, the donor receives the right to purchase tickets for seating in an athletic stadium, arena, or other athletic benefits.
Gifts made to the Vaught Society or 5-Star Fund may be up to 100% tax deductable.
You should consult your tax advisor for determining your proper charitable deduction.