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Message: [QUOTE="cliftonparksufan, post: 5654893, member: 9"] I guess initially the IRS awarded 503(c)(3) status to these collectives, which supposedly they stopped doing, since there is no real charity work involved, which initially that was the idea of NIL. And, the IRS is not the NCAA, so if they want to go after someone, they will. Or if the want to go after the collectives, they will. As I said, how much of the collectives money is going for charity and not being paid directly to players. The IRS is definitely the wildcard in NIL. We know the NCAA won't regulate it, but the IRS can blow the whole thing up. If I "donated" $5 million to one of these collective charities, I would be worried. Especially if you were donating it out of your own Foundation. [/QUOTE]