Make a donation
DONATIONS FOR ANNUAL OPERATING EXPENSES (THE ANNUAL FUND)
Your gift helps the players and coaches focus on playing soccer and winning championships rather than fund-raising. Texas Men's Soccer receives a small annual allocation from the Division of Recreational Sports (UT RecSports) to help offset some of the expenses of the club. However, the majority of our expenses must be subsidized through membership dues, team fundraisers, and your generous donations.
The Alumni Association is registered as a 501(c)(3) organization, so your donation can be written off as a charitable contribution if you follow the 2 easy steps below. Thank you for your support!
HOW TO DONATE:
STEP 1: Click the donate button below to be directed to our secure PayPal donation page. PayPal.me/UTSoccer
STEP 2: Save the PayPal receipt for your personal records.
DONATe TO THE ENDOWMENT FUND
The UT Soccer Alumni Association, in conjunction with the Texas Exes, is embarking on a capital campaign to raise funds for an Endowment Fund to benefit Texas Men’s Soccer. The long-term goal is to grow this endowment balance to a level significant enough to provide more autonomy for the club and return material cash dividends to the club on an annual basis.
At some point in the future when the Alumni Association feels it is in the best interest of the club, the annual dividends will help offset various club operating expenses including equipment, tournament entry, and travel and lodging, with the goal of keeping annual dues affordable for club members. The endowment fund will help continue to achieve the club’s ongoing goal of being the premier college soccer club program in the United States.
TO DONATE ONLINE:
DONATE BY MAIL:
Texas Exes – Texas Men’s Soccer
P.O. Box 142309
Austin, TX 78714
Important: Make sure to include “Texas Men’s Soccer” in the memo line or make the check payable to “Texas Exes – Texas Men’s Soccer.
ABOUT THE ENDOWMENT
WHAT IS AN ENDOWMENT?
An Endowment is a group of donations made to a non-profit group or institution in the form of investment funds that have a stated purpose. These Donations create a principal balance on which an annual return (typically 4-5% annual dividends) is paid back to the Beneficiary Club or Organization—in this case, the UT Men’s Soccer Club!
WHY AN ENDOWMENT?
Annual dividends will help pay for various club operating expenses.
Help keep annual dues affordable for club members.
Help the club become more financially autonomous in the long run.
TEXAS EXES
Similar to most Endowments on the 40 Acres, our Endowment is set up and managed through the Texas Exes. Texas Exes is well equipped to handle the receipt of the donations, the donation “Thank you” letters, the investment strategy for the principal balance, and the ongoing maintenance of the Endowment fund. Texas Exes intends to distribute an amount each year to our association based on a distribution formula of our choice. While the short-term goal of the Alumni Association in our early years was to grow the principal balance to a more substantial level by leaving the dividends in the fund for quicker growth, we are now in a position to distribute Annual dividends back to the Club to help offset annual operational costs and keep Club Dues affordable.
FORMATION OF THE UT MEN’S SOCCER ALUMNI ASSOCIATION
As part of this process, Texas Exes required that the Fund be affiliated with a 501(c)(3), and the UT Men’s Soccer Alumni Association was born soon after! A fully registered Texas Nonprofit Corporation filed through the Texas Secretary of State, the Association has 501(c)(3) status with the IRS. This creates additional annual reporting & filing requirements, and Alumnus/CPA Mark Hamre helps us with the preparation & filing of the Annual Tax Returns.
Your Donations are Appreciated!
All donations are tax-deductible and you will receive a receipt sent to your email address.