Organization Created to Maximize Community Impact and Streamline Focus on Continued Growth of NIL Opportunities at The University of Texas
AUSTIN, Texas, Nov. 10, 2022 /PRNewswire/ — Five of the main University of Texas Athletics-centric collectives have mixed to kind the Texas One Fund, an effort to create a unified non-profit group for NIL alternatives. Texas One Fund, launching at the moment, will search to maximise neighborhood influence and be the popular NIL fundraising collective for Texas student-athletes. Through donors, companies, and followers, the Texas One Fund will help entry to NIL alternatives for student-athletes of all Texas sports activities unlocked by means of participation and promotion of charitable causes and occasions in the neighborhood.
Clark Field Collective, the main Texas Name Image, and Likeness (NIL) group; Horns with Heart, the main Texas nonprofit NIL group; Occupy Left Field, the Texas Baseball NIL nonprofit; 40 Pack, the Texas Basketball NIL nonprofit; and National Championship Golf Foundation, the Texas Golf NIL nonprofit are actually all working as Texas One Fund.
The aforementioned nonprofit teams will fold into one group to develop into a part of the nonprofit Texas One Fund. Clark Field Collective will stop to function as a collective and can develop into the NIL activation company identified merely as Clark Field Creative.
With the Texas One Fund, donors, followers, contributors, and companies can have the power to direct their tax-deductible donations to the game of their alternative. Fans who need to help general athletics can designate their contributions right into a basic fund for the Texas One Fund board to disseminate throughout all sports activities.
“After executing numerous NIL deals, we were able to see the need for a bigger positive community impact and a streamlined setup,” stated Nick Shuley, founding father of Clark Field Collective. “Texas has the luxury of having so many organizations that want to help, but we quickly saw the need to get everyone in the community together. We wanted to make giving easily accessible to everyone and create a bigger connection to the athletic programs, athletes, and community. Whether you are giving $5 or $5 million, we want to make this something for every Longhorn.”
“We are very pleased with the formation of Texas One Fund. As a 501(c)(3) organization, it provides our fans, donors, and supporters a way to contribute to NIL opportunities for our student-athletes and for our student-athletes to support important community programs,” stated Texas Vice President and Director of Athletics Chris Del Conte. “We believe this is the best way to bolster NIL initiatives for our student-athletes and support the meaningful interactions they can make in the charitable community.”
“This is a huge win for the contributors and donors as it will create a simple streamlined process for everyone and all sports,” stated Patrick “Wheels” Smith, who will function President of the newly shaped Texas One Fund and former head of the 40 Pack. “We aim to do this the ‘Texas Way’ and to make NIL opportunities available for every student-athlete at The University of Texas.”
Horns with Heart founder Rob Blair and co-creator of the Pancake Factory (which made waves with its announcement of a $50,000 NIL alternative for offensive lineman) added, “We are excited to be a part of this game-changing solution. When we started Horns with Heart, we wanted to maximize community impact and help athletes, this new fund is going to do this on another level.”
The new fund might be comprised of an government board that includes alumni, donors, and enterprise leaders; and particular person boards representing every Texas sport program that may guarantee all partnership alternatives are maximized and accessible for athletes in every respective sport program.
For extra information and to donate, please go to: www.TexasOneFund.org
ABOUT TEXAS ONE FUND:
Founded in 2022, the objective of Texas One Fund is to create constructive neighborhood influence, by means of a one cease fund, that assists Texas athletes in cultivating and facilitating NIL alternatives and ensures collegiate athlete success yr after yr. Our imaginative and prescient is to make sure each student-athlete capitalizes on their NIL to allow them to deal with turning into the perfect model of themselves on and off the sphere. The fund will create constructive neighborhood influence by means of alignment, appearances, activations, donations, and promotions with native nonprofit organizations.
Follow us right here:
Instagram: www.instagram.com/TexasOneFund
Twitter: www.twitter.com/TexasOneFund
Facebook: www.facebook.com/TexasOneFund
SOURCE Texas One Fund
story by Source link