In 2021, the NCAA, in response to the U.S. Supreme Court decision in NCAA v. Alston, issued a policy allowing athletes to derive economic benefit from the use of their name, image and likeness in a manner consistent with governing state law. The means through which this has been accomplished has taken many forms, including direct, commercial arrangements with athletes or through pooled resources (known as "collectives"). It is estimated that there are over 150 collectives organized and in operation today. A smaller number of purpose-driven collectives, such as the Anchor Impact Fund, have been organized to support educational and charitable activities.
Yes. Anchor Impact Fund, Inc. is recognized as a charitable organization under Section 501(c)(3) of the I.R.C.
Along with individual donations, the Anchor Impact Fund accepts donations from donor-advised funds, charitable foundations, family foundations and other similar organizations.
No. Charities participate at no cost.
No. The goal of the Anchor Impact Fund is to engage all Vanderbilt student-athletes. We believe in the values of teamwork, shared sacrifice and collective success. As funding permits, we will extend the opportunity to join Anchor Impact Fund to any Vanderbilt student-athlete who wishes to participate.
At the time of donation, donors will be able to provide the Anchor Impact Fund with information about their sports interests. The Anchor Impact Fund will, when possible, attempt to use the information provided by donors to align donations with the appropriate sports interests. Donations can not be directed to a specific student-athlete.
Donations received by the Anchor Impact Fund are used to provide funding to student-athletes who, under services agreements, use their name, image and likeness to raise awareness for approved charities. Student-athletes do this through personal appearances, social media engagements, and serving and engaging with beneficiaries of the charities. Student-athletes are signed to service agreements with terms that require them to complete a specific amount of marketing work. No cash grants are made to charities.
The Anchor Impact Fund utilizes a formula to determine the fair market value of a student-athlete's name, image, and likeness. This formula considers a student-athlete's sport, position, social media following, and performance. The formula serves as a guide, and ultimately, the Anchor Impact Fund applies some subjectivity in the final amount to be earned by the student-athlete for the provision of services.
Like any organization, there will be operational costs and expenses. The Anchor Impact Fund is committed to maximizing the amount of contributions received to directly benefit and support our student-athletes.
Yes. A donor account can be created for recurring donations. Account setup information will be emailed to you when your recurring donation is made.