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Dec 1, 2023
6:45
:52
am
BYU-Ite
All-American
You are correct. But I can’t see those that received a certificate being able to
maintain it, as their aims, certainly don’t meet the nonprofit definitions. Ultimately, they have it because of their alignment with the universities.
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BYU-Ite
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BYU-Ite
Joined
Jan 9, 2002
Last login
Sep 19, 2024
Total posts
8,421 (19 FO)
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Messages
Author
Time
Let's all remember that "donations" to NIL collectives are not tax deductible
BYU-Ite
11/30/23 11:07am
They are, if the collective is a 501 (3) (C)
Everyman
11/30/23 2:40pm
They cannot be a 501(c)(3). The IRS ruled on it back in June.
BYU-Ite
11/30/23 2:54pm
The IRS only issued a memorandum.
Everyman
12/1/23 6:26am
You are correct. But I can’t see those that received a certificate being able to
BYU-Ite
12/1/23 6:45am
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