2020 Barefoot Challenge

About 

This year, your gift will help us celebrate our 86 graduating student-athletes and strengthen our athletics program for current and future Babson athletes.

Through the generosity of former Babson President Brian Barefoot ’66, H’09, P’01 and an anonymous donor, your support can help us unlock $30,000 in matching funds.

The challenge begins May 13 and runs until midnight on May 14. Follow Babson teams on social media for updates, and join us online to support Babson Athletics and share your pride. No matter which team you support, when we play as a team, we’re tough to beat.

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Spread the Word about the Barefoot Athletics Challenge with our volunteer toolkit. 

Perks

As a thank you for your support of Babson Athletics during the Barefoot Athletics Challenge, you have the option of receiving a Babson Athletics branded perk item at various giving levels.

When making your gift, make a selection in the "And select a perk below" section before completing your gift.

Your gift must be greater than or equal to the value of the perk you’d like to receive. To increase your gift amount to the requested perk level, select "Yes" when asked if you'd like to match the perk amount.

If you do not wish to receive the perk associated with your gift amount, please select "No Perk.”

After you complete the Perks section, scroll down to the Contact Information section to complete your gift.

New Tax Benefits When You Give to Babson

Donors can give to Babson with the benefit of the new Coronavirus Aid, Relief, and Economic Security (CARES) Act—which provides temporary charitable giving incentives. 

A gift to Babson in 2020 allows you to deduct up to $300 if you take a standard deduction (non-itemizing taxpayers).

For those making significant cash donations (even from investments), there is a temporary suspension of adjusted gross income (AGI) limitations, allowing donors to deduct cash gifts up to 100% of your AGI in 2020 (as opposed to the current 60% of AGI). In addition, the deduction limit for corporations has been raised from 10% to 25% of taxable income. 

If you are over 70½, consider directing some of your tax savings gained by the waived 2020 mandatory IRA distribution to Babson.

* These provisions do not apply to gifts to donor-advised funds and supporting organizations. Please consult with your tax advisor. 

If you have any questions, please contact us:

Email: thefund@babson.edu

 

 

 

 

 

2020 Barefoot Athletics Challenge FAQ

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