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  • 1.  Recording NIL Collective "donations"

    Posted 11-14-2023 08:59 AM

    Hi -

    I am getting some pressure to begin recording contributions to our NIL collective (separate from the University) in our Advancement database in order to begin stewarding and counting these for donor recognition activities and giving societies. I know we'd need a distinct transaction type for these contributions to exclude from official fundraising totals and CASE survey, etc.  

    Are any other schools doing this and have you run into any pros/cons for recording? 

    Thanks!

    Stacey

    Stacey Orme

    Butler University 



    ------------------------------
    Stacey Orme
    Butler University
    sorme@butler.edu
    ------------------------------


  • 2.  RE: Recording NIL Collective "donations"

    Posted 11-14-2023 09:01 AM
    We are tracking these in our proposal area so we can recognize their support of NIL.  No gift/financial transaction is entered in the system as the financials are not to the University

    --
    Thomas Chaves
    Associate VP for Advancement Operations
    Office of Advancement
    Saint Joseph's University
    5600 City Avenue, Philadelphia, PA 19131
    O: 610-660-1255 | M: 610-316-6541 | tchaves@sju.edu
    SJU.edu





  • 3.  RE: Recording NIL Collective "donations"

    Posted 11-14-2023 09:03 AM
    What is a NIL? And if separate from the University - and not a supporting organization - donations to that organization cannot count in fundraising totals per CASE. However, if that unaffiliated organization makes a contribution to you, then those contributions do count!

    Please explain the NIL and its relationship to Butler!

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 4.  RE: Recording NIL Collective "donations"

    Posted 11-14-2023 09:15 AM

    Thanks for the clarifying question -

    Per a NCAA legislative change, college athletes now have the opportunity to earn from their Name, Image, and Likeness (NIL).  NIL collectives are independent organizations that fundraise money for various universities and give it to attending college athletes in the form of NIL agreement payouts. 

    https://www.insidehighered.com/news/students/athletics/2023/06/07/two-years-nil-fueling-chaos-college-athletics 

    https://www.alston.com/en/insights/publications/2023/10/the-irss-latest-play-on-nil-collectives#:~:text=The%20key%20takeaways%20from%20AM,rather%20than%20furthering%20exempt%20purposes. 



    ------------------------------
    Stacey Orme
    Butler University
    sorme@butler.edu
    ------------------------------

    Original Message


  • 5.  RE: Recording NIL Collective "donations"

    Posted 11-14-2023 09:19 AM
    Ahh - that NIL. :-). 

    Not a gift. Not countable. I like Tom's suggestion. Another option is to enter soft-credit-only transactions if you think these payments should count toward lifetime giving. I, however, think they should not as the institution does not benefit - only select student athletes.

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987





    Original Message


  • 6.  RE: Recording NIL Collective "donations"

    Posted 11-14-2023 10:58 AM
    Tracking these donors and their NIL collective giving is very important - in many cases they're already major or very engaged traditional donors, and they see their support for the NIL collective as part of their overall support for the university. Where they are not, they are immediately attractive prospects. 

    However, the IRS, based on a memo from July (pdf), seems poised to wipe out the tax deductibility of contributions to NIL collectives. That will upset the applecart again, and will likely shift donors away from this vehicle. Tom's approach of tracking as an opportunity seems like a good interim option, until the dust settles. 

    Thank you,
    Isaac Shalev
    Data Strategy Expert
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

    Schedule a 30-minute consultation now:





    Original Message


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