Christie Green-Lights N.J. Sports Betting Arena Availability Helps Cleveland Land '16 RNC New Jersey Could Still Try Sports Betting Obama Eager To Address Sports Controversies LeBron Steps To Forefront On Social Issues Obama Reshaping Image Through Sports White House Hosts Concussions Summit Louisiana Legislator Pulls Workers' Compensation Bill Cuban Apologizes To Martin Family Tennessee Legislature Eliminates "Jock Tax"
Upcoming Conferences and Events
THE GIVING BACK FUND OFFERING ONE-STOP PHILANTHROPY SHOPPING
Published August 10, 1998
The Giving Back Fund, which was formed by Marc Pollick a year ago, "is offering athletes a one-stop service for establishing and administering foundations, plus the opportunity to turn their lucrative salaries into philanthropic endeavors," according to Gregg Krupa of the BOSTON GLOBE. The MA-based non-profit organization has been granted "tax-exempt status as a full-service public charity in all 50 states." The Fund is "composed of individually identified donor-advised funds and foundations, each with donor-appointed trustees." Among Fund advisers are Bob Costas, Florence Griffith Joyner and Bill Walton, and Doug Flutie has used The Giving Back Fund to start a foundation to fight autism. For now, the Fund is receiving services on a reduced fee, or pro bono basis from BankBoston, Ernst & Young, Hale & Dorr and Silverman Media and Marketing. The Fund, which started with $250,000 in seed money, now has "about" $500,000 "under management." Pollick's goal is $20M in assets by 2002 (BOSTON GLOBE, 8/9).