How does a school that small, with little national athletics history, have that much? I'm impressed.
I'm too lazy to search for it, who are these alums?have an impressive alumni with deep pockets.
I'm too lazy to search for it, who are these alums?
Way more endowments than we've gotten started, that's for sure. I've said for awhile we should set as a goal to have every single one of our scholarships endowed here. The problem is our infrastructure is pretty crappy passed a few things (the RAC is nice, the Aquatic Center is top notch, EBA is adequate, I haven't seen what the Field House looks like since it has been renovated) and needs to take priority.
I wonder how much it costs to endow an athletic scholarship? We tried to endow a scholarship through Mason for a pledge brother that passed away a few years ago and the math Mason sent us back to do a named endowed scholarship just didn’t add up. The number of years times the amount we wanted it to pay out per year was somehow 50% less than what they were asking for.
Can’t remember the exact numbers now but I remember it being something like we wanted to pay out 2k per year over 10 years and they were asking for 40k or something for a named scholarship and we had no say in the requirements or who it went to.
I wonder how much it costs to endow an athletic scholarship? We tried to endow a scholarship through Mason for a pledge brother that passed away a few years ago and the math Mason sent us back to do a named endowed scholarship just didn’t add up. The number of years times the amount we wanted it to pay out per year was somehow 50% less than what they were asking for.
Can’t remember the exact numbers now but I remember it being something like we wanted to pay out 2k per year over 10 years and they were asking for 40k or something for a named scholarship and we had no say in the requirements or who it went to.
They were complete pieces of shit regarding this topic.This sounds completely Mason.
They were complete pieces of shit regarding this topic.
Like tblack said they were making outrageous requests. Just pour in money to them each year to endow it and then that’s it, no choice in winner, no choice in qualifications of winner, etc. The responses we got back seemed rather cold for the situation as well. Very disappointing. We were a bunch of 23 years olds trying to do something good and it felt like a slap in the face. We could have done the scholarship privately for cheaper if we went that route.That's a shame, especially for an honorarium. I've only ever worked on the donation side of a non-profit one time and you'd never catch us dead forcing conditions on an honorarium donation.
Appalachian State is eliminating men’s soccer, men’s tennis & men’s indoor track & field...