Benefits and FAQ

Frequently Asked Questions

Are membership dues pro-rated?

Membership dues are not prorated. Membership contributions are calculated and totaled from Jan 1 thru Dec. 31 each year (V Club fiscal year). However, those contributions cover the upcoming academic/athletic year. (Example: Contributions made on 6/23/2021 are counted as 2021 contributions (for fiscal year accounting). Those contributions will cover the Fall 2021 and Spring 2022 academic/athletic calendar (Sept 2021 thru May 2022).

What happens if I join on July 1 and only have a partial contribution?

Contributions can be made in installments. We only request that your contribution commitment total is completed prior to the first home football game (typically in September of each year).

If I am already a Life Member of MVSU National Alumni Association, what happens to the portion allocated for MVSUNAA? Can I receive a pro-rated package?

The V Club allows the MVSUNAA Board to make decisions regarding funds earmarked for MVSUNAA annual memberships within the V Club. V Club and MVSUNAA share the goal of growing both affiliated organizations.

Is all or only a portion of the contribution tax-deductible?

MVSU V Club is classified as a 501(c)(3) non-profit organization by the standards of the Internal Revenue Service (IRS). Therefore, contributions may be tax-deductible to the extent allowed by law. If you have questions regarding the tax deductibility of a contribution, consult a tax professional.

If we have a couples membership, will both of our names be listed on benefits and annual reports?

Both names will be listed on benefits and annual reports. (ie. Jesse and Lois Austin)

Compliance

Mississippi Valley State University is committed to operating its intercollegiate athletics program with the highest degree of integrity and professionalism. MVSU goal is to provide the best experience possible for our student-athletes during

their time in Itta Bena. MVSU Athletic Department and MVSU V Club encourages alumni and supporters to continue to work within the rules and regulations of the NCAA (National Collegiate Athletic Association) and SWAC (Southwestern Athletic Conference).

Rules to Remember

Only coaches and athletic department staff members are permitted to be involved in the recruiting process.
Prospective student-athletes remain prospects until they start classes or practice at MVSU.
If a student-athlete accepts any benefits based on his or her special status as a student-athlete, the student-athlete will lose all eligibility for intercollegiate athletic participation.
Any form of communication with prospects is strictly prohibited, including through social media platforms such as Facebook, Twitter, Instagram and/or Snapchat.

Become a member

Your financial support, whether it be through purchasing season tickets, making an annual donation or committing to a major gift, directly benefits Valley’s student-athletes in the classroom and in sports.

Ways to give

Cash Gift

The easiest gift to value for tax purposes (i.e., checks, cash, credit cards). Check – PayPal – Cash App – Square

All checks made payable to: MVSU V Club

Mailing Address

14000 Highway 82W #5001, Itta Bena, MS 38941

Gifts-In-Kind

Gifts that directly offset Athletic Department expenses.

Appreciated Assets

Securities, including stocks and bonds, may be used to make a gift to MVSU V Club, often with a minimal amount of out-of-pocket cost.

Making a Gift of Stock to:
MVSU V Club
14000 Highway 82W
Sutton Administration Building Suite 353
Itta Bena, MS 38941

Stock Held in a Brokerage Account

Instruct your broker to transfer the shares electronically to MVSU V Club. MVSU V Club will open and maintain a brokerage account with TBD (delivery instructions listed below)

Broker Name – TBD (to be determined)

Account Number – TBD

DTC – TBD

FBO – MVSU V Club (likely)

Contact – TBD by phone: (XXX) XXX-XXXX or email: XXXXXXXX@XXX.com

After instructing your broker to make the transfer, please contact MVSU V Club by phone (662) 299-3766 or email (patrick.austin@mvsu.edu) with

1. a description of the stock
2. the appropriate fund designation.

Mutual Fund Gifts

Contact MVSU V Club by phone (662) 299-3766 or email (patrick.austin@mvsu.edu) for information about making a gift of mutual fund shares. Please be advised that mutual fund transfers may take up to four (4) to six (6) weeks to accomplish.

Closely Held Stock and Other Stock Gifts

Contact MVSU V Club by phone (662) 299-3766 or email (patrick.austin@mvsu.edu) for information about making a gift of closely held stock or other forms of stock ownership.

Matching Gifts

Many companies offer to match their employees’ gifts to athletic scholarship organizations. All matching gifts to benefit athletics must be made payable through the MVSU V Club.

Planned Giving Opportunities

Several options exist for donors to make gifts to the MVSU C Club outside of cash donations. Often, deferred gifts qualify you for an income tax deduction and preferential capital gains tax treatment. Irrevocable deferred gifts will be recognized by MVSU V Club in an individual’s cumulative giving priority points total.

Gifts of Real Estate

Gifts of real estate may be made to the MVSU V Club as part of Mississippi Valley State University. Such gifts are eligible for priority point credit once the gift is received by MVSU V Club.

Bequests/Living Trusts

One may include MVSU V Club in their will or living trust by giving a dollar amount, a percentage of the estate, or the residuary.

IRA/Retirement Assets

One may make MVSU V Club the full or partial beneficiary of an IRA or other tax-advantaged retirement plan and avoid income taxes which might be charged to the estate based on its account value.

Endowed Funds

An endowment is a permanent gift that provides MVSU Athletics with a secure source of future revenue. Endowed funds can be made to a specific athletic scholarship or be directed toward MVSU Athletic facilities. They can also be classified as unrestricted (endowed) funds to support MVSU Athletics. A minimum commitment of $10,000 is required to establish an endowed fund while MVSU V Club donors may also make gifts to existing endowed funds. Endowed athletic gifts may not be used toward priority seating obligations; however, MVSU V Club donors may receive priority points credit for gifts to athletic endowed funds.