Nope. The NIL fund should be organized as a 501(c)(3) with
Posted on: January 8, 2022 at 14:44:17 CT
RayKinsella1922 SEC
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donations deductible.
This is going to be a must have for individual contributions or 'crowdsourcing'.
Even regular businesses will likely want to contribute to the fund because instead of having to see the whole NIL thing through with advertising or merch, they can just make a contribution.
Now, what's the purpose of the charity?
To help an exploited group of course, just like every other charity...