Charitable Contribution Deduction and a Baseball Jersey

The TaxProf blog reports on the charitable contribution deduction issue raised by the recent auction of a #34 David Ortiz Red Sox jersey that a construction worked had buried in the concrete of the new Yankee Stadium in hopes of cursing the ballpark.  The Yankees have agreed to use the $175,100 closing eBay bid to benefit the Red Sox’ Jimmy Fund, a charity that supports cancer research and care at the Dana-Farber Cancer Institute.   Further discussion of this issue can be found in a later post on the same blog.

LHM