North Carolina Central University Educational Advancement Foundation
Frequently Asked Questions
How is my Eagle Club contribution used?
All contributions given to the Eagle Club go to an unrestricted fund that NCCU Athletics uses primarily to offset the cost of athletic scholarships the university currently offers. In addition to scholarship support, the Eagle Club strives to provide facilities that not only offer a competitive advantage for our student-athletes, but also give our coaches the tools for recruiting quality student-athletes. With the move from Division II to Division I, it is anticipated the overall mission of the Eagle Club will be more critical now than ever before.
Is my contribution to the Eagle Club tax deductible?
Yes, the Internal Revenue Service allows a deduction on contributions where there is no tangible or intangible benefit to the donor. However, if you accept benefits in exchange for your contribution, your deduction may be limited. You may wish to consult with your tax preparer regarding the deductibility of your contribution.
Can I make my contribution by bank draft or through a matching gift?
Yes, at your request, the Eagle Club will provide you with the forms necessary to draft your bank account. You may also make a contribution through a matching gift with your company. When you make your contribution, please provide your company’s matching gift form.
What is the fiscal year for the Eagle Club?
The fiscal year for the Eagle Club is July 1 to June 30.
Who can join the Eagle Club?
Anyone who makes a contribution to the Eagle Club of at least the minimum amount required as set by the Board of Directors may become a member of the Eagle Club.
How often does the Eagle Club meet?
The Eagle Club meets once a year. All members of the Eagle Club are eligible to attend and vote on matters. The date, time, and agenda for the annual meeting are set by the Board of Directors. Notice of the meeting will be sent to members at least thirty days prior to the meeting.
Who can become a member of the Board of Directors?
Any member of the Eagle Club who has been a member for no less than one fiscal year prior to election or appointment to the Board of Directors shall be eligible for election to the Board of Directors.
How many members are on the Board of Directors?
The Board of Directors shall have a maximum of twenty five members, consisting of twenty one voting members plus four non-voting ex-officio members appointed by the University (and not serving terms). The term of a board member is three years. A director is limited to two consecutive terms.
How often does the Board of Directors meet?
The Board of Directors meets on a quarterly basis.
