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Unrestricted Giving


Unrestricted Giving is a top giving priority for BC Athletics, learn more about what it means to make an unrestricted gift and how unrestricted giving impacts the athletics budget below.

What is an unrestricted gift?:

Unrestricted gifts are designated to the Flynn Fund and allow the athletics department the flexibility to apply the funds where they’re most needed. These current-use gifts assist with travel expenses, equipment or apparel needs, and they help to fund scholarships not covered by the endowment. Unrestricted giving provides the essential elements needed to recruit and retain student-athletes who can be competitive both on the field as well as in the classroom.

How important is unrestricted giving for the athletics department?:

Unrestricted gifts are a top priority for the athletics department. The quickest way to grow competitively is to increase our current-use revenue, enabling our coaches to make greater investments in their programs. For example, our women’s basketball team was able to fund an overseas trip to Italy. The trip achieved two important goals: It allowed the team to benefit from extra training days against a new level of competition in preparation for the upcoming season; and it enhanced recruiting as our coaches were able to speak to perspective student-athletes about the unique opportunity to travel oversees as part of their BC Women’s Basketball experience. How do donors impact revenue?


How do donors impact revenue?:

Thirty percent of athletic department revenue is a result of giving—with 14 percent designated unrestricted. Over the last three years, the Flynn Fund has grown by almost $1 million thanks to the generosity of our alumni, parents, and friends.




How does revenue match with expenses?:

Over that same three year period, BC Athletics expenses have increased by over $10 million to account for items such as facility enhancements, expanded travel as well as rises in scholarship costs. BC Athletics requires institutional support to balance our annual budget. To be able to reduce our need for institutional dollars and increase our investments in BC student-athletes, we need your help. Donors investing in the Flynn Fund by May 31, will see their investment immediately realized in fall Athletics budget.

What is an unrestricted gift?:

Unrestricted gifts are designated to the Flynn Fund and give our athletics department the flexibility to apply your support where it’s most needed. These current-use gifts are incredibly valuable because they bolster travel budgets, assist with equipment or apparel needs, and fund much-needed scholarships not covered by endowment.

Why is unrestricted giving important?:

The quickest way for BC to grow competitively is to increase our current-use revenue, enabling our coaches to make greater investments in their programs. For example, our women’s basketball team was able to fund an overseas trip to Italy. The trip allowed the team to benefit from extra training days against strong competition, and it enhanced recruiting because our coaches can reference this unique experience to prospective student-athletes.


How does giving to unrestricted funds compare to restricted funds?:

In the first 6 months of fiscal year 2017, athletics gifts have been designated as follows:




Are we growing current use funds?:

Boston College Athletics has seen steady annual growth in unrestricted revenue due to an increase in the number of Flynn Fund donors, donors who choose to deepen their impact, and programs such as donor-based seating and parking. Our goal is to reach $7.5 million in current-use gifts this fiscal year.

GIFT FUNDS


The Flynn Fund Scholar-Athlete Program:

In lieu of a multi-year commitment for an endowment, one may choose to participate in the Flynn Fund Scholar-Athlete Program. With a gift of $25,000, a donor may fund the scholarship of a single student-athlete in any athletics program for an entire year. The gift provides the University with resources it can use immediately to provide financial-aid to one of our 700+ student-athletes.

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  • The Reardon Family Flynn Fund Scholar
    Awarded to Brittany Pavich '18 (Women's Volleyball)

  • The Sabet Family Flynn Fund Scholar
    Awarded to Jackie Urbinati '19 (Women's Tennis)

  • The Savage Family Flynn Fund Scholar
    Awarded to Lynn Braakhuis '18 (Women's Volleyball)

  • The Randy '85 and Janet Seidl Flynn Fund Scholarship
    Awarded to Connor Strachan '18 (Football)

  • The Westerman Family Flynn Fund Scholarship
    Awarded to Elysa Virella '19 (Women's Soccer)

  • The Ferguson-Boire Flynn Fund Scholarship
    Awarded to Claire Orzel '18 (Rowing)

  • The Zavrl Family Flynn Fund Scholarship
    Awarded to Kelly Bungard '18 (Rowing)

  • The Seidner Family Flynn Fund Scholar
    Awarded to Elene Tsokilauri '20 (Women's Tennis)

  • The Shine Family Flynn Fund Scholar
    Awarded to Elizabeth McKernan '18 (Rowing)

  • The Parekh Family Flynn Fund Scholar
    Awarded to Julia Gregory '18 (Women's Track and Field)

  • The Rodriguez Family Flynn Fund Scholar​
    Awarded to Hannah Hyatt '19 (Women's Lacrosse​)
Endowments:

Endowments provide a way for Boston College Athletics to ensure long-term success of the department by making sure there will be sufficient income to support our student-athletes long into the future. These funds are invested in the University's endowment and a percentage of the return on that investment goes to support the designation of the donors choosing.

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different Endowment Opportunities
Capital Projects:

Special projects for facilities or technology provide unique funding opportunities. Current facility projects are on-going for the Athletic Field House, Baseball/Softball Fields as well as the Recreation Complex.

Restricted Gifts:

Restricted giving provides the opportunity for a donor to make a contribution directly to a specific varsity sport. Funding provided through this medium is used at the coach’s discretion.


Methods of Giving


BOSTON COLLEGE ATHLETIC DEVELOPMENT
Flynn Fund Donation Form
320 CONTE FORUM 140 COMMONWEALTH AVE
CHESTNUT HILL, MA 02467
PHONE: (617) 552-0772
Recurring Giving and Payment Plans:

Schedule payments over the course of a year or designate a perpetual gift online by utilizing the gift frequency option or call the Flynn Fund at (617) 552-0772.

Transfer of Stock:

Gifts of highly appreciated securities (i.e., a stock transfer) are very often the most tax efficient way to make a donation to Boston College Athletics. To initiate a securities gift, we ask that you provide your broker with the gift information including the name of the stock and number of shares to be transferred from your account to Boston College at:

Fidelity Investments, National Financial Services Corp.
DTC (Depository Trust Company) #226
Account #201973114, Trustees of Boston College
Reference: Donor’s Name

Please call the Boston College Gift Processing Office at 617-552-4844 to let us know the name of the stock and the number of shares that you will be transferring to the BC account at Fidelity. This information will help us to identify your gift and to provide you with proper gift acknowledgment on a timely basis.


Matching Gifts:

If you or your spouse are employees of one of the thousands of companies that sponsor matching gift programs, you can DOUBLE the impact of your gift in support of BC student-athletes!

We ask that you contact you/your spouse’s human resources department to find out if the company matches to athletics. After making your contribution, notify the employer of your personal gift to Boston College and fill out all proper forms. Finally we ask that you mail the original copy of that matching gift form to us. If your company has an automated or online service, please be sure to notify us and we will provide you with additional instructions.

Planned Giving:

Including BC in your estate plan is a powerful way to create a lasting legacy that will help the next generation of student-athletes excel at sports and in the classroom. You can name BC Athletics as the beneficiary of a will, trust, retirement account or life insurance policy or create a charitable gift annuity and designate your gift to the Flynn Fund. To learn more on how to make a legacy gift, contact the

Office of Gift Planning at (877) 304-SHAW.

FAQ's


Yes, gifts are tax deductible to the extent of the law. For more information please contact your tax advisor.

Boston College's fiscal year runs from June 1 to May 31. Gifts can be paid over a period of time throughout the fiscal year. Your donation level for each fiscal year is determined by the amount that is paid by May 31.

Yes. All gifts are counted toward both University participation and class participation.

Unrestricted gifts to the Flynn Fund give the Director of Athletics flexibility to use the funds where they are needed the most, whereas a gift to a specific varsity sport directly benefits that particular program. Either way, you are greatly assisting our student-athletes.

Yes, gifts of highly appreciated securities (i.e., a stock transfer) are very often the most tax efficient way to make a donation to Boston College Athletics. To initiate a securities gift, please download a gift of securities form and contact the Office of Gift and Estate Planning at (617) 552-1085 if you have any further questions.

Fidelity Investments, National Financial Services Corp.
DTC (Depository Trust Company) #226
Account #201973114, Trustees of Boston College
Reference: Donor’s Name

Please call the Boston College Gift Processing Office at 617-552-4844 to let us know the name of the stock and the number of shares that you will be transferring to the BC account at Fidelity. This information will help us to identify your gift and to provide you with proper gift acknowledgment on a timely basis.

It is the donor's responsibility to contact their employer's matching gift office and do the following: find out if the company matches to athletics, notify your employer of your personal gift to Boston College, and fill out all proper forms and mail the original copy to us. If your company has an automated or online service, please be sure to notify us and we will provide you with additional instructions.

Yes. Including BC in your estate plan is a powerful way to create a lasting legacy that will help the next generation of student-athletes excel at sports and in the classroom. You can name BC as the beneficiary of a will, trust, retirement account or life insurance policy or create a charitable gift annuity and designate your gift to the Flynn Fund.

To learn more on how to make a legacy gift, contact the Office of Gift Planning at (877) 304-SHAW.

Contact Us


Address

Boston College Athletic Development
320 Conte Forum
140 Commonwealth Ave
Chestnut Hill, MA 02467

Phone Number

617-552-0772