Tag: nil
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PUBLIC CHARITY OR PRIVATE PAYCHECK? Nonprofit NIL Collectives and the Collapse of §501(c)(3) Integrity
This article will examine the rise of Name, Image, and Likeness (NIL) collectives, funded by college sport boosters and structured as tax-excempt entities under §501(c)(3) of the Internal Revenue Code. The organizations claimed to have been formed to serve public interests purposes through community engagement, educational events, and economic development. In practice many of these…
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