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How much contribution for the right to purchase tickets

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Question - Shaun is a huge college football fan. In the past, he has always bought football tickets on the street from ticket scalpers. This year, he decided to join the university's ticket program, which requires a $3,000 contribution to the University for the "right" to purchase tickets. Shaun will then pay $600 per season ticket. Shaun understands that the price paid for the season tickets is not tax deductible as a charitable contribution. However, contributions to a university are typically tax deductible. Determine how much, if any, of Shaun's $3,000 contribution for the right to purchase tickets is tax deductible.

Reference no: EM132473159

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