No. The Grove Collective is not a 501(c)(3) entity to which non-advertising contributions are tax deductible. Early legal investigation by the founders of The Grove Collective indicated that the purpose for which Mississippi law authorizes operation of The Grove Collective – to compensate student-athletes for their publicity rights – was not likely to qualify as a charitable purpose. The Grove Collective is aware of NIL programs in states other than Mississippi which are attempting to gain tax exempt status and is monitoring those developments. In the event that developments indicate a Mississippi NIL program may function as a charitable entity, The Grove Collective may add charitable features to its program.