Longhorn Foundation Passing Down Parent's Tix

B

burdine88

25+ Posts
Here is my situation:

My Dad has been a Longhorn Foundation member since it started. We have 4 seats on the west side goal line but in the shade. I have been paying my share through him. We give enough to get OU tickets but not by much. Now he wants to "retire" from going to the games as it is getting hard for him and my Mom to make the trip regularly.

If I call the Foundation and try to take over the tickets officially in my name what will they say?

I am willing to pay "market" or a one-time fee.

I am sure others have gone through this before and I am just curious how the Foundation has handled it, particularly within the last 2 years or so as the bandwagon has gotten crowded.
 
Ain't gonna happen. Strict policy against this. Just make sure to keep it in his name even if you have to make the payments.
 
A year or two ago we got a letter from the Foundation saying t hat they were considering implementing a policy on this. The one proposed was that you could buy your dad's seats at a discount on the CURRENT MARKET VALUE. For example, my mom has 35-yrd line tickets on the west side under the upper deck and pays $1000 a year. If I were to take them over and the foundation decided they could get $10,000 for those tickets now, I could buy them for $8,000 a year. What a deal - right?? My mom may live forever!
 
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yes...If a foundation member lives there.







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Call the foundation and tell them the truth. They will tell you how much it will take to put the seats in your name. It won't be cheap, but it is possible.
 
Cincy........
I doubt that they monitor outside Texas, but in-state, they
do. As I said, I have had first-hand experience with it.
 
You can find out pretty quickly if someone has died regardless of where they live. Social Security death records are available on Westlaw, for example.
 
It is not hard to find out if someone has died in this country. Most organizations that are trying to keep track of people use services such as the Berwin Group and PBI that do these sorts of searches for a fee. You can give them a list of people (names, addresses, SSN, etc) and they will match them up with state and federal death notices. I am fairly certain that the foundation uses one or more of these types of services.
 
RU4UT2 -

Do you know for sure if they will do that? personal experience?

They are decent but not great seats(goal line) but they are in the shade(mostly) and we have some friends in that area. I could just get 4 seats in the new endzone or whatever but the shade will make it a lot easier on my wife and 7 year old daughter. I also expect to pay substantially more than my Dad was paying to get up to "market."

Has anyone actually gone through this process with the Foundation?
 
The husband of a friend of mine died, and they tried to make her pay the current value of the seats because they were in her husband's name. They finally did back down and let her continue to keep them (after all, they had been married 35 years) but acted like they were doing her a huge favor - very rude.
 
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I don't know who was on your friend's case, but policy has always been that a surviving spouse may maintain the same seats at the same donation level. I would imagine, since Texas is a community property state, the law would be on the purchaser's side. Children may also keep the same seat locations, but at today's donation level.







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I haven't needed to personally do it, but I have spoken at length with folks at the LHF. I went over that specific issue and they expressed that they have no desire to take seats away from families that have used them for such a long time.

Think about it objectively. If you up your donation, why would they care to upset you by giving your tickets to someone also willing to pay market rates? Why would they want to create an incentive for folks wiling to pay up, to instead cheat?

If you are worried about it, talk to them hypothetically without giving your Dad's name. Once they commit to the possibility, ask them what is necessary to get them changed into your name.

Doesn't that sound a lot better than the folks that advocate being sneaky?
 
Also, if you have kids get them in their name, so they don't have to go through the same thing. I know a buddy of mine whose parents just got tix that way, so he can assume the payments at some point in the future when he gets a good enough job.
 
What about moving the tickets to a corporation from an individual aacount? We have four guys who contribute for 12 seats, but everything is under one guy's name.
 
Several years ago the Foundation had a one-time program to grandfather over seat options from the original owner to their kin. My dad had seats from the beginning of the program at an option price of $ 150 each on the west side, 10-20 yard line under the overhang. Somewhere down the line the price was raised to $ 200 per seat, where it remains today. The deal that we were offerred was to change the ownership to me and the option cost would increase @ $ 200 per year per seat until it got to $ 1K per seat. I had four seats at the original price, and took this deal for his two seats, so keep the six seats together. I think that there may have been some discussion of a renewal of this deal, but I have never seen anything else about it.
 
Frankly, I think families, like mine, that have been attending the University for generations and been going to games since the 50's should have priority over someone that wants to get tickets now because it is fashionable. ticket giving levels should be grandfathered in. I give money to not only the foundation but the school as well. the athletic department needs to give priority to those long standing fans that were still going to games when they were giving away endzone tickets for free.
 
I think the reality is that if the Foundation isn't pulling in the kind of money that they think they can get, they'll just change the policy to require donations or raise minimums.

My feeling is that eventually they'll require giving for all regular season ticket holders. That or just keep raising ticket prices like they are already doing.

Hopefully, donations will still be tax deductable. If this goes away they'll take a hit on donations and have to come up with something else.
 
I can imagine the anger and pain people are going through when faced with this, and I hate to sound insensitive and also be the "bad guy", so I'm just adding this for the sake of discussion...
Doesn't it work the same way in most season ticket settings?

Packer fans sign their kids up when they're born so they can eventually get tickets when they're in their 30's as other season ticket holders "die" off.

I think from a school's perspective, they also have to think of other people who keep renewing in hopes of moving to better seats to one day have good sideline seats.
Afterall, by the time you're a blue hair, don' you also want to have a chance to sit in the west side alumni sidelines, with all the other Frisco burgers, and Luby's goers?
 
Wonder what happens when they accept the check of the LHF donation and the tickets from the "Mrs. XYZ Rev Family Trust"?
 
General's situation is pretty much the same as my family's. We're on the third generation of Texas grads, and see no need to get thrown under the bus for the latecomers.

Besides, my seats have been behind the goal line in the same spot for 25 years.

You can't have them.
 
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