Tax Benefits

TAX INFORMATION: All contributions to Illinois Athletics and the I FUND are considered gifts to the University of Illinois Foundation and are credited at full value for purposes of the donor's gift record. Under IRS section 170(l), donors may deduct 80% of contributions to higher education institutions for which the donor is given the opportunity to purchase priority tickets and receive priority benefits for seating at an athletic event. An official receipt for IRS purposes is issued by the University of Illinois Foundation. Please consult your tax advisor for more information.

WAIVER OF BENEFITS: Patrons may decline benefits and deduct 100% of their contribution. Please contact the I FUND office for more information.