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Press release: The Anchor Impact Fund (how Vandy will do NIL)

Chris Lee

Publisher
Staff
Apr 27, 2004
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NASHVILLE, Tenn. — The Anchor Impact Fund — an impact-driven nonprofit organization with the mission of developing and educating Vanderbilt student-athletes as community leaders — has officially launched.

The Anchor Impact Fund is a Tennessee 501(c)(3) nonprofit corporation formed to promote community engagement and strengthen local charitable organizations and initiatives. The fund’s goal is to unite Commodores, charities and donors to provide opportunities for Vanderbilt student-athletes to learn about community and civic engagement and use their name, image and likeness to participate in and promote local charitable causes.

The Anchor Impact Fund was founded in the belief that there is a different and more impactful way for Vanderbilt student-athletes to participate in the NIL landscape. It allows a student-athlete to make a positive impact on the Middle Tennessee community while benefiting from the use of their time and name, image and likeness.

The Anchor Impact Fund accomplishes its mission by:
  • Developing and educating student-athletes as community leaders
  • Raising awareness of impactful but under-recognized charities
  • Encouraging broad-based participation among all student-athletes
  • Compensating student-athletes for the use of their name, image and likeness
“Our mission is to provide a vehicle to empower Vanderbilt student-athletes to reach new heights in the classroom, on the field and in life, while promoting the profiles and raising awareness of underserved local community organizations and initiatives,” saidD’Juan Epps, executive director of the Anchor Impact Fund. “By providing best-in-class experiences for our community, student-athletes, alumni and all members of Commodore Nation, we’re humbled and honored to proudly support current and future student-athletes.”

The Anchor Impact Fund is a key resource for the more than 350 Commodore student-athletes to navigate and maximize the potential of their name, image and likeness. More importantly, the student-athletes can help establish deep and meaningful relationships between their programs and the Middle Tennessee community.

“At Vanderbilt, our mission is to be the preeminent student-athlete model in college athletics,” said Candice Lee, Vanderbilt’s vice chancellor for athletics and university affairs and athletic director. “We are committed not only to excellence in athletics but also to utilizing our athletics platform as a holistic model for the academic, personal, and professional development of our student-athletes. The Anchor Impact Fund presents another unique opportunity for our student-athletes to utilize their name, image, and likeness for the greater good and deepen their impact in our communities.”

Behind the efforts of the Anchor Impact Fund, Vanderbilt student-athletes can engage in charitable events, special appearances, autograph signings, social media promotions and more.

How does it work?
  1. Donations are made to the Anchor Impact Fund
  2. Vanderbilt student-athletes register online to participate
  3. Charities register online to be eligible to participate
  4. The Anchor Impact Fund matches student-athletes with charities
  5. Student-athletes receive reasonable compensation once impactful services are rendered to charities
The Anchor Impact Fund is backed by a number of prominent Vanderbilt alums and former student-athletes.

To support the Anchor Impact Fund, please visit AnchorImpactFund.org.

The Anchor Impact Fund is exempt from federal income tax under section 501(c)(3) of the U.S. Tax Code and eligible to receive tax deductible charitable contributions.

The Anchor Impact Fund is not affiliated with Vanderbilt University.



What They Are Saying …

Tim Corbin (Vanderbilt baseball head coach)
“I enjoy seeing our guys on the front end of a community effort, working on a good cause, because I feel like they have the ability to shine in areas that are bigger than baseball. Working with the Anchor Impact Fund provides them the opportunity to grow as young men while giving something back to our community. I am excited for them to be a part of this important initiative.”

Clark Lea (Vanderbilt football head coach)
“We want our program to be others-centered, with a focus on serving the communities that we are fortunate to be a part of. The Anchor Impact Fund provides our players this opportunity and fits in lockstep with our program’s mission. I am excited about this partnership and look forward to our players being involved with something that will set the course for a lifelong commitment to giving back.”

Jerry Stackhouse (Vanderbilt men’s basketball head coach)
“We work hard every day in the gym, looking at film, to get better at basketball, at X’s and O’s … Everyone in that locker room wants to win basketball games. But I also want our guys to win at the game of life, to develop not only as basketball players but also as leaders and young men. Support for the Anchor Impact Fund provides our student-athletes opportunities to get involved in good causes, to lead by example and to have an impact. The Anchor Impact Fund is important to us.”

Shea Ralph (Vanderbilt women’s basketball head coach)
“Our Vanderbilt women’s basketball program is fiercely committed to the holistic development of our student-athletes. Working with the Anchor Impact Fund gives us the opportunity to get out into the Nashville community and partner with nonprofit organizations where we can make a real difference in the lives of others. When we learn how to invest in positive action that can foster needed change, we grow ourselves as humans. We are grateful to the Anchor Impact Fund for giving our athletes this platform to make a difference.”

Scott Limbaugh (Vanderbilt men’s golf head coach)
“We believe in working to be excellent in everything we do. The Anchor Impact Fund will help our guys continue to strive for that in our communities and to have a positive impact on the Nashville community. We have been given so much, and this will help them continue to grow as young men by giving back. It is very exciting for them to get to be a part of the Anchor Impact Fund.”

Greg Allen (Vanderbilt women’s golf head coach)
“I’m excited about the opportunity for these young women to be involved with the Anchor Impact Fund and to be able to make an impact in our local community. I get to see them shine every day in the classroom and on the golf course. Now it’s time to let their light shine with the charities that mean so much to the Middle Tennessee area.”

— AnchorImpactFund.org —
 
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