BSU Football Tax Breaks

Boise, ID

Tools

By Gina Jameson

02/20/08

BOISE, Idaho (AP) _ Boise State football fans who have donated
money to the team's new press box are also helping themselves come
tax day.

University officials say $37 million has been chipped in by
boosters to pay for construction of a new press box and luxury
suites.

Come tax day, federal rules allow those same donors to write off
80 percent of the gift.

University officials say they are following the model used by
major universities to expand athletic facilities through charitable
tax breaks.

About 400 companies and individuals have donated in one way or
another to the Bronco Stadium upgrades.

Curt Apsey, Boise State senior associate athletic director, says
without the tax incentive, a project like this would not be
possible.
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Information from: Scott Evans/KTVB-TV

(Copyright 2008 by The Associated Press. All Rights Reserved.)
APNP-02-20-08 0924MST<




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