Has anyone here donated to an NIL?

ivan brunetti

Heisman
Nov 26, 2003
16,448
26,638
0
I think I should mention that I don't consider this "charity". For example, I would never deduct it from my net income. NIL donations are nothing like serious charitable donations. It is more like a sports tip.
 

365Poster24Seven

All-Conference
Oct 13, 2022
1,012
1,284
0
While you all discuss your Saturday on this board Penn State just picked up a 5 Star Offensive linemen through the portal. Some fan bases want to win while others want to post on message boards.
 
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Doctor Worm

Heisman
Feb 7, 2002
29,887
21,796
113
I think I should mention that I don't consider this "charity". For example, I would never deduct it from my net income. NIL donations are nothing like serious charitable donations. It is more like a sports tip.
Good, because NIL is not tax deductible.

You raise a good point though. Viewed as a charitable contribution, NIL is in my opinion impossible to justify. Virtually ANY competing 501(c)(3) charity is more worthy.

As you say, it has to be viewed as a kind of "sports tip". Which doesn't work for everyone, I don't think. Some folks are just plain conscientious objectors. They don't believe scholarship players should be paid, and they sure as **** aren't going to be the payors.
 

ivan brunetti

Heisman
Nov 26, 2003
16,448
26,638
0
Good, because NIL is not tax deductible.

You raise a good point though. Viewed as a charitable contribution, NIL is in my opinion impossible to justify. Virtually ANY competing 501(c)(3) charity is more worthy.

As you say, it has to be viewed as a kind of "sports tip". Which doesn't work for everyone, I don't think. Some folks are just plain conscientious objectors. They don't believe scholarship players should be paid, and they sure as **** aren't going to be the payors.

I just made my first contribution. Even if it were deductible, it isn't enough to change my taxes in any event.

If I decide to donate more, I am going to need to up my charitable giving too.
 

TM514

Junior
Nov 6, 2006
970
367
63
No NIL for me. I'm not contributing to paying salaries to amateur athletes. I support college athletics not NFL farm system.

I attend many NFL games, Jets season tix too. Broadway shows, Jersey shore vacations, etc. Too many other activities for my recreational and entertainment funds.

I donate to R Fund, Big Ten Build, academic excellence fund etc. For the priority points and supporting other sports.
 

-RUFAN4LIFE-

Heisman
Feb 28, 2015
29,754
46,175
113
No NIL for me. I'm not contributing to paying salaries to amateur athletes. I support college athletics not NFL farm system.

I attend many NFL games, Jets season tix too. Broadway shows, Jersey shore vacations, etc. Too many other activities for my recreational and entertainment funds.

I donate to R Fund, Big Ten Build, academic excellence fund etc. For the priority points and supporting other sports.
NIL goes beyond football and supports athletes in many other sports like basketball, lacrosse, soccer for example. You can donate to support a specific sport or the general fund where the monies get allocated as needed.
 

needmorecowbell

Heisman
Oct 28, 2007
9,155
10,056
78
No NIL for me. I'm not contributing to paying salaries to amateur athletes. I support college athletics not NFL farm system.

I attend many NFL games, Jets season tix too. Broadway shows, Jersey shore vacations, etc. Too many other activities for my recreational and entertainment funds.

I donate to R Fund, Big Ten Build, academic excellence fund etc. For the priority points and supporting other sports.
Where does Rutgers sports rank for you compared to those other entertainment things? Is it on the bottom, middle or top?
 

esway1

Senior
Jan 3, 2006
1,227
413
83
I am a monthly donor to KTR from day 1, I have made a few one off donations to KTR, I still donate to RFund and the company my wife works for matches my RFund gift. (My company doesn't match athletic gifts anymore).
 
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graystork

All-Conference
Nov 30, 2008
8,515
3,367
0
Nope. I did contribute to MFOGF. That's My Father's Only Grandson Fund. It provides tuition, books, and housing for Rutgers BA and M.Ed. candidates. Contributed over six figures when you consider loan interest.
 

RU848789

Heisman
Jul 27, 2001
64,370
43,471
113
I am a monthly donor to KTR from day 1, I have made a few one off donations to KTR, I still donate to RFund and the company my wife works for matches my RFund gift. (My company doesn't match athletic gifts anymore).
Pretty similar, plus I donate more to RU academics, particularly to my old department (chem eng'g). When I was working I always donated more to academics than athletics, because my company didn't match athletic gifts.