<<< Should anyone know of a track & field philanthropist out there who might
like to
have his/her name associated with the most famous track in America, I
suspect the naming rights for the East Grandstands might be available for
$1.3 million... >>>
I know why Phil Knight won't do it ...
But what about someone from Bowerman's Estate? Certainly his estate must be
worth a LOT more than that.
Does it sound like too much money just to give away? Think again.
I was with a relative over the weekend (he is 78), and he described to me
how he had transferred all the shares he owned in a foreign corporation to a
non-profit charitable organization.
The shares were worth $353,000. By transferring them to someone else, he
avoided $70,000 in capital gains taxes and was given a $180,000 tax
deduction (about $85,000 in tax liability for him).
Lots of people have that kind of money to give away. I wish I did too!
Brian McEwen
-----Original Message-----
From: T. Jordan [mailto:[EMAIL PROTECTED]]
Sent: Monday, June 18, 2001 5:07 PM
To: [EMAIL PROTECTED]
Subject: t-and-f: Hey, Buddy, Can You Spare a Mill?
Following is an article in June 18th's Eugene Register-Guard which gives a
pretty accurate assessment of the situation at Hayward Field. Should
anyone know of a track & field philanthropist out there who might like to
have his/her name associated with the most famous track in America, I
suspect the naming rights for the East Grandstands might be available for
$1.3 million...
http://registerguard.com/news/20010618/1d.sp.hayward.0618.html
eugenechamps.com
