Frequently Asked Questions
What is the 314 Initiative?
We are asking for 314 individuals, groups, businesses, or interested parties, to invest $1000 or more this year, and pledge $1000 for the following year. This collection of distinguished parties will be The 314ers. A group of highly motivated ski racing backers who will not only save NCAA skiing at UAA, but save NCAA skiing across the country. We must demonstrate to college administrators across the country that an Olympic sport like Skiing has a place in collegiate athletics
Be a 314er! Be part of this movement. Be part of this solution. 314ers are recognized on our website and will receive an authentic sweatshirt once our campaign succeeds.
Is "Friends of UAA Skiing" a non-profit organization?
No. Friends of UAA Skiing is not a 501(c)3 entity. Friends of UAA Skiing has a Fiscal Sponsor, and follows all the IRS guidelines pertaining to donations received through a Fiscal Sponsor.
U.S. Ski and Snowboard, Alaska Division – Athletic Competition Committee (AK Div ACC) is a 501(c)7 and the Fiscal Sponsor of Friends of UAA Skiing.
100% of all donations received through this website (minus credit card transaction fees) will be provided to the UA Foundation for the sole purpose of UAA Skiing’s FY 2022 and 2023 competition seasons.
What happens to my financial donation, if you are not able to raise the amount needed?
If we are unable to raise the funds needed by the deadline imposed, your donation will be returned (minus any online transaction fees).
Is my donation tax-deductible?
Yes, and No. Please read carefully.
If you are donating online through the website form, your donation is being facilitated by our Fiscal Sponsor, which is a 501(c)7, and therefore the IRS does NOT recognize your donation as tax-deductible.
If you choose to donate directly to the UA Foundation, then your donation WILL be receipted by the University of Alaska Foundation and IS tax-deductible to the extent allowed by law. Also worth noting for 2020 tax returns, as part of the CARES act, individuals may make an “above the line deduction” of $300 ($600 for married couples); meaning that all taxpayers, regardless of whether or not they itemize deductions, can deduct up to $300/$600 in charitable donations.
We have chosen to offer both donation options because we appreciate the ease of having an online option available, as well as wanting to be able to offer a tax-deduction for those that prefer it.
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