FAQ (FREQUENTLY ASKED QUESTIONS)
WHAT IS THE PLAYERS PHILANTHROPY FUND (PPF)?
The Players Philanthropy Fund (PPF) is a 501(c)(3) nonprofit and revolutionary charitable platform unique in the sports industry. Co-founded by former Baltimore Ravens kicker and Super Bowl XXXV Champion, Matt Stover, PPF enables you to make charitable donations to the causes and communities of your choice, while protecting your financial assets and reputation from unnecessary risk and scrutiny. While we were initially founded in 2010 to help sports professionals, in 2015 we realized that others with a charitable intent, needed our services as well.
WHAT ARE THE FINANCIAL BENEFITS?
When you open an account with PPF by making an irrevocable contribution, you receive an immediate tax deduction. You can take your time to decide where and when to give donations in the future. You may avoid capital gains and estate taxes, and are able to grow your charitable assets tax-free in your charitable account. Additionally, you will experience lower fees than many other options on the market. You, where applicable, can also solicit contributions from others who can also receive a tax deduction for their contribution to your charitable fund.
HOW IS THE PLAYERS PHILANTHROPY FUND DIFFERENT FROM OTHER CHARITABLE PLATFORMS?
PPF prides itself on partnering with you in a personal way and works diligently to provide you with the kind of hands-on support you need. We follow best practices in philanthropy and take compliance and fiscal responsibility on your behalf seriously. We strive to donate a portion of our operation revenue, called our charitable purpose, with staff input and upon Board of Trustees approval, to causes important to PPF. Our charitable platform enables you to focus on your craft, giving you the peace of mind to know your charitable assets and reputation are protected.
In addition, no matter where your career takes you, PPF can direct your giving to qualifying charities all over the world. PPF ensures you are able to easily and seamlessly give the maximum amount to the organizations and communities of your choice. PPF provides transparency, allowing you to gain continuous access to your charitable account, as well as investment managers. We vet all charities prior to processing donations and require appropriate proofs before fundraising expense reimbursements may be made. We also help match you with other charitable vendors or vehicles, as needed so you can raise more funds for your charitable mission. PPF staff members cannot authorize disbursements from your account.