Hail to the Houndstooth: The Distinctive Charitable Fundraising Arm of the University of Alabama

The unusual situation of the Crimson Tide Foundation isn’t just that it purchased the home of University of Alabama football coach Nick Saban and ferries him and potential ’Bama players around during recruiting trips in a foundation-owned airplane, but that the 501(c)(3) foundation doesn’t feel the need, legally or otherwise, to file a Form 990 with the IRS.