The Cardinal Athletic Fund provides support for the University of Louisville Athletic Department and student-athletes through various avenues, including contributions to the annual fund, endowments, matching gifts and planned giving. Please be advised under IRS Code Section 170(1) any amount of your donation that results in priority event seating is 80% tax deductible. All other contributions are 100% tax deductible unless otherwise specified by IRS regulations. The following are methods of giving and gift destinations:
Gifts of Cash...Cash, checks Visa and MasterCard are all acceptable ways to contribute. Please make checks payable to the University of Louisville.
Gift Program...You or your
spouse may work for a company that matches its employees' gifts
to higher education; retirees may also be eligible. Please
contact your employer's human resources department to determine
if this is a program available to you. Matching gifts may
not be used to complete your annual donation. Click
Here For More Info on Matching Gifts
Gifts-in-Kind...In lieu of monetary donations, the CAF may accept certain gifts and services that would otherwise have needed to be purchased. The donor receives a retail credit for the gift/service as well as a deduction. These gifts must have prior approval by the ULAA.
Gifts of Real Estate...A personal or "recreational" residence, a farm or ranch, a commercial building, subdivision lots or an undeveloped parcel of land - gifts of real estate can consist of almost any type of property. Individual financial needs and goals will determine which method of giving real estate is most appropriate for you.
Gifts of Appreciated Securities...Contributions of long term appreciated securities (those held for more than one year) to the Cardinal Athletic Fund eliminate paying a capital gains tax on the securities and entitle you to an income tax charitable deduction equal to the fair market value of the securities at the time the gift is given. This tax advantage allows you to contribute the appreciated securities directly instead of selling them and then giving the net proceeds to the Cardinal Athletic Fund.
Trusts...Options for donating the income of a trust are available and offer substantial tax benefits.
Bequests...A testamentary bequest (i.e. a gift under a will) may be in the form of cash, securities, real estate, tangible personal property or other assets.