Under the tax rules, there cannot be a nexus or a
by Homeboy73 (2019-06-08 16:48:43)

In reply to: What if you name it after a benefactor who happens  posted by Tex Francisco


quid pro quo between the gift and the naming. The gift has to be for general university purposes, endowment, financial aid, academic programs, maintenance etc., and not for the bond-financed facility. The university, in general, cannot be bound or required to name the stadium field after the donor (again, assuming the stadium was financed with tax-exempt bonds).