Incoming SponsorshipHome / Incoming Sponsorship How to Classify an Incoming Sponsorship Answer the questions below to classify the Incoming Sponsorship as Qualified, Non-Qualified or Procurement. Follow the instructions based on the sponsorship type. What is the value of the Incoming Sponsorship?*Enter the dollar amount or in-kind value that Mason will receive from the sponsor. "in-kind" value = current fair market value for the goods Does the sponsor receive tangible goods, payment and/or advertising?*Advertising is considered a Substantial Return Benefit and includes any message or programming material that is broadcast, published, displayed or distributed which promotes or markets the sponsors business, service, facility or product. Examples: (1) Sponsors name or logo on unrelated items (souvenirs used by sponsors employees). (2) Message containing qualitative or comparative language (endorsement of sponsor or call to action). (3) Price information or indication of savings, value, incentive to purchase, sell or use the product/service. (4) Hyperlinks to the sponsors web page, which leads the consumer to the sponsors "sales page." NoYesEnter the amount of Substantial Return Benefit to the sponsor?Enter the dollar value of the tangible goods, payment and/or advertising that the sponsor will receive as a result of the sponsorship. Percentage of the Incoming Sponsorship that is considered to be a Substantial Return Benefit to the sponsor.Calculation is based on the values entered for the Substantial Return Benefit (divided by) the Incoming Sponsorship Value.The Substantial Return Benefit to the Sponsor is greater than $5,000.The Substantial Return Benefit to the sponsor is less than $5,000. The Return Benefit to the Sponsor is greater than 10% (.10) of the value provided by the Sponsor.The Return Benefit to the Sponsor is less than or equal to 10% (.10) of the value provided by the Sponsor.This is a Procurement!Procurement includes gifts-in-kind received for goods or services that would ordinarily be obtained through the purchasing system. When the value to the sponsor is more than $5,000 and/or the substantial return benefit is 10% or more, then the transaction is considered Procurement. This is not a Sponsorship. You may exit the browser and contact purch1@gmu.edu for additional assistance This is a Qualified Sponsorship! Qualified Sponsorships are exempt from Unrelated Business Income Tax (UBIT). The Dean/Director may approve and accept this Incoming Sponsorship on behalf of Mason. This is a Qualified Sponsorship. DO NOT complete Section II. You may exit the browser nowThis is a Qualified Sponsorship! Qualified Sponsorship are exempt from Unrelated Business Income Tax (UBIT). The Dean/Director may approve and accept this Incoming Sponsorship on behalf of Mason. This is a Qualified Sponsorship. DO NOT complete Section II. You may exit the browser nowThis is a Non-Qualified Sponsorship!Non-Qualified Sponsorship may be subject to Unrelated Business Income Tax. This request must be approved in advance by Fiscal Services. Complete the required information in Section II Section II Non-Qualified Sponsorships require approval from Fiscal Services. Answer the questions below and attach supporting documentation. Click "Submit Request" once all information has been entered.Submitted By First Last Department Email Is the sponsorship CLEARLY 100% integral to the college experience? Please explain below.If Yes, explain how the activity relates and is essential to accomplishing the exempt mission of the university: education, research and public service. Refer to the Unrelated Business Income Guidelines for additional information and examples. Supporting DocumentationAttach the contract/proposal for a Non-Qualified Sponsorship. Fiscal Services must approve all Non-Qualified Sponsorships. Drop files here or Select files Max. file size: 256 MB.
