"Your generous gift allows House of Victory to compensate student-athletes for NIL opportunities in which they use their talent and platforms to partner with nonprofits in our communities and support their missions. These opportunities provide critical experiences for our student-athletes to give back and develop a passion for charitable engagement."
I have a question on NIL and especially charitable giving. This came from USC and I have a few questions. First, USC states that giving to the NIL is tax deductible. I'm not sure if that is just for the "charitable engagement" as the statement above notes or for all donations to the collective. The donation portion says you can direct your money wherever you want. Second, how does being paid for a charitable engagement develop a passion for doing charity work? If everything over $600.00 in the new agreement has to be monitored why couldn't someone make $595.00 each month for stopping by the Boys & Girls club for an hour?
UO is having a charitable softball game next month, are the current athletes at UO being compensated for this that are participating?
I still have a question on how the athletes are not being taxed for the scholarship they're receiving at this point. At this point they're no more than employees.
I have a question on NIL and especially charitable giving. This came from USC and I have a few questions. First, USC states that giving to the NIL is tax deductible. I'm not sure if that is just for the "charitable engagement" as the statement above notes or for all donations to the collective. The donation portion says you can direct your money wherever you want. Second, how does being paid for a charitable engagement develop a passion for doing charity work? If everything over $600.00 in the new agreement has to be monitored why couldn't someone make $595.00 each month for stopping by the Boys & Girls club for an hour?
UO is having a charitable softball game next month, are the current athletes at UO being compensated for this that are participating?
I still have a question on how the athletes are not being taxed for the scholarship they're receiving at this point. At this point they're no more than employees.