FAQs

FREQUENTLY ASKED QUESTIONS

WHAT IS THE DIFFERENCE BETWEEN A RESTRICTED GIFT AND AN UNRESTRICTED GIFT TO LTAC?

Restricted gifts are designated to a specific program, facility, or project. Unrestricted gifts through LTAC go directly toward the general athletic scholarship fund and help offset departmental expenses. Only unrestricted gifts secure LTAC member benefits.

IS MY GIFT TO LTAC TAX DEDUCTIBLE?

According to the Tax Cuts and Jobs Act enacted on January 1, 2018, any contribution that is used to receive ticket benefits (i.e. priority seating) is no longer tax deductible. However, philanthropic giving above and beyond seating donations is still 100% tax deductible. Please consult with your tax advisor for information on how these changes affect your personal income taxes.

CAN I JOIN LTAC IF I DON’T HAVE SEASON TICKETS?

Yes! As a member of LTAC, you join more than 1,000 alumni and friends who collectively contribute each year to excellence at Louisiana Tech. Your support helps provide academic support services, sports-specific equipment, sports medicine, nutritional guidance, strength and conditioning, and travel for our studentathletes.

WHY IS MY LTAC GIFT DUE BY JUNE 30TH?

To maintain the department’s goal for fiscal responsibility and accountability, it is important that we can accurately project revenue for planning and budgeting purposes. LTAC is a crucial part of our annual budget, and having this revenue secured at the end of the fiscal year allows us to responsibly project our expenses for the upcoming year.

CAN I PAY MY LTAC GIFT IN INSTALLMENTS?

Yes! A variety of payment options are available. We will also work to accommodate your requests in regard to your payment schedules.

KEIUNNA WALKER

WBB • JR. • LONOKE, AR