BRONDO said:

Did I understand this right? Did a Charity organization just establishe the “fair market value” for pj Tix’s? At $750 each?

<<Ticket prices are based on Market Value at the time of sale, and all proceeds over the base ticket price plus fees will go to the Foundation.>>

I'm not a tax professional, but in my experience "fair market value" is a standard term used for tax purposes. If you go to a charity event, and tickets are $500, you will receive a receipt saying that the FMV of goods and services you received (dinner and entertainment, most likely) is, say, $200; so $300 of the 500 you paid counts as a tax-deductible donation.

Edit to add: There is a difference between "Fair Market Value" (indicated at the end of the sentence I quoted above) and "Market Value" in that sentence, which is the premium one might have to pay to a reseller. Um, in other words, what the poster above me said, and I only got three hours of sleep last night.

In this case, they are saying that FMV is what you would have paid for the tickets had you snagged a pair during the presale or from Ticketmaster; the remainder is a tax-deductible donation to the Vitalogy Foundation. I haven't been on StubHub to see how much tickets are going for on the resale market, but to me the mark-up felt about right. And I'm going to an event tonight that is doing something similar: in addition to the usual live auction items, they are offering marked-up admission to a special event to the first X number of people who agree to pay a set amount of money.

Are they GA?