Mission Statement & Compliance Overview

1. Mission Statement

Our mission is to strengthen and sustain collegiate athletics by serving as a trusted conduit between donors and collegiate sports programs. We ensure contributions are processed efficiently, administrative costs are minimized, and the maximum possible funds reach intended programs. Through transparency, efficiency, and donor trust, we expand resources available to student-athletes nationwide.

2. Why We Exist

Collegiate athletics provide life-changing opportunities—cultivating leadership, teamwork, discipline, and academic success. Yet many programs face persistent budget shortfalls while donors encounter fragmented giving channels, high overhead, and limited transparency.

Independent booster or alumni groups often form standalone 501(c)(3)s incurring duplicated filings, accounting costs, and compliance burdens. A group raising $20,000 may lose 25%+ to overhead rather than benefiting athletes.

The Foundation centralizes payment processing, accounting, compliance, and reporting—reducing per‑dollar cost while standardizing transparency and IRS adherence.

3. How We Operate

1. Donation Intake: Secure channels (PayPal, Stripe, ACH) via vetted third parties.
2. Fee Deduction: Only actual processing, professional accounting, and required corporate fees.
3. Distribution: Net funds remitted to designated programs no less than monthly.
4. Documentation: Donor & recipient confirmations include amount, (permitted) donor identity, transaction ID, and date.
5. Reporting: Independent accounting oversight and transparent annual summaries to supported programs.

4. Our Commitment

• No profit motive: Solely charitable purpose.
• Transparency: Complete financial traceability.
• Efficiency: Shared infrastructure lowers overhead.
• Impact: Maximizing dollars reaching student‑athletes.

5. IRS 501(c)(3) Compliance Requirements

Our Articles of Inforporation:

• Organizational Test: Restrict purposes to charitable activities.
• Operational Test: Activities directly further our exempt purposes.
• Private Inurement: Specify that no earnings benefit private individuals beyond reasonable compensation.
• Lobbying: Are limited and insubstantial.
• Political Activity: No campaign participation or intervention is allowed.
• Public Benefit: Direct support of student‑athletes & programs only.

6. Governance & Board Responsibilities

• Approve budgets & financial statements.
• Ensure mission adherence & exempt purpose alignment.
• Oversee executive leadership & critical vendors.
• Maintain and enforce conflict of interest policy.
• Guarantee accurate records & timely federal/state filings.

7. Financial Management & Transparency

• Segregated handling for restricted donations.
• Annual independent financial review and audit.
• Public disclosure of IRS Form 990.
• Clear donor receipts showing charitable portion.
• Compliance with state charitable solicitation laws.

8. Donor Relations & Stewardship

• Prompt acknowledgment of gifts.
• Honor donor intent in distributions.
• Provide regular impact updates.
• Protect donor privacy within applicable laws.

9. Operational Best Practices

• Regular policy review & refinement.
• Board & staff training (compliance / ethics).
• Internal controls safeguarding funds.
• Technology-enabled reporting & efficiency.
• Program evaluation for mission alignment.

10. Dissolution Clause

Upon dissolution, assets are distributed exclusively for charitable purposes to another 501(c)(3) organization or qualified governmental entity as determined by the Board in alignment with IRS regulations.

11. Conclusion

We connect generosity with athlete opportunity. Through rigorous compliance, transparent reporting, and operational efficiency, we maximize the real-world impact of every donated dollar on the student‑athlete experience.

IRS Compliance Statement for 501(c)(3) Determination

• No part of net earnings inures to private persons except reasonable compensation for services rendered.
• No substantial lobbying or political campaign intervention of any kind.
• Upon dissolution, assets go only to exempt Section 501(c)(3) purposes or governmental entities for public use.