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marcbvtgm

Joined: 12/29/2006 Posts: 10219
Likes: 2926


So what? VT is one school. And VT Foundation is not the University.


That doesn't precludes the IRS from taking a closer, broader look at athletic programs - regardless of financial governance, whether it be part of a broader administrative structure or a separate athletic foundation. Or ruling that the athletic foundations/components are no longer tax exempt and thus the Hokie Club would be spun off as s subsidiary like other for-profit ventures under the VT Foundation umbrella.

I'm not saying it will happen. Politics will likely be a huge roadblock. I'm just saying it should happen.


[Post edited by marcbvtgm at 10/07/2019 11:33AM]

(In response to this post by Pylons)

Posted: 10/07/2019 at 11:33AM



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