Any update from September of 09?
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Any update from September of 09?
I post an update of the balance right after the end of each quarter.
3rd Quarter 2009 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
The $42,465 balance on hand at the end of June '09 is what will be used for the July '10 payout.
Does a donation to this endowment earn one "points" in the new points system that is used to determine the pecking order for things like tickets, choice seats, etc.?
Quote:
Originally Posted by brtransplant
Yes
Does this go to all sports?
Yes -Quote:
Originally Posted by JuBru
1. This endowment is designated for the use and benefit of the Department of Intercollegiate Athletics at Louisiana Tech University. The annual allocation is designated for improvements and enhancements to the athletic program including, but not limited to, equipment and technology purchases, facility upgrades, and improvements to athletic department infrastructure. The types of projects funded will be those that are non-recurring and outside the scope of the annual operating budget.
What did the payout for 2008 end up being?
So far the payout for the endowment has been
2008 payout of ??? was based on June 07 balance of $21,200 and went towards a new ticketing system
2009 payout in the amount of $683 (due to poor market conditions) was based on the June 08 balance of $36,875 and went towards ???
2010 payout should be between $800 and $1900 depending on market conditions based on June 09 balance of $42,465
The 2008 payout was $950 and went towards a new ticketing system.Quote:
Originally Posted by detltu
The 2009 payout is $683 and will be applied according to a poll that will be conducted via BBB. The Athletics office has submitted a list of needs: 1) Landscaping around Athletic facilities 2) Athletic complex framed aerial photo for AD office lobby 3) Soccer field signage 4) Out-bound call center in TAC for ticket sales.
I go for out-bound call center (even though I know what to charge for the aerial photo now.:icon_wink:j/k)Quote:
Originally Posted by Tech78
The recent poll on how to allocate the payout for '09 resulted in a recommendation to use it for landscaping. Bruce was pleased to hear that since he would like to construct a fence / retaining wall and some drainage along the parking lot between the TAC an JAS where some erosion has been occuring and washing dirt onto the parking area. Of course the payout is not near enough to do the job so he will gladly accept anything to help - the project is estimated to be $25K.
I post an update of the balance right after the end of each quarter.
4th Quarter 2009 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
The $42,465 balance on hand at the end of June '09 is what will be used for the July '10 payout.
How would I set up an auto payment for this? Isn't much, but it's something.
Here is the link for online donations.Quote:
Originally Posted by JuBru
https://secure.imodules.com/s/810/in...id=340&cid=860
Choose the option for "Make this gift a pledge" and it will allow for monthly donations via auto payments. Enter "Athletics Enhancement Endowment" in the box for Other Designation. If this doesn't do what you are wanting set up, call Adam McGuirt at 1-800-738-7950 and he will get it done.
Any amount helps. Thanks for wanting to set up a gift that keeps on giving!!!
I just pledged my 110% to the AEE.
I post an update of the balance right after the end of each quarter.
1st Quarter 2010 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2009 the balance is $ 43,087 . 12 different contributors life to date.
The balance on hand at the end of June '10 will be used for the July '11 payout.
Can we make at least $50k by then????
I have been wanting to get on this. If I can get the job I want after getting done with my MBA, I might slap some of my signing bonus to this. I really want to see this thing develop...Quote:
Originally Posted by Tech78
Reminder -
Still time to get a donation in for the endowment before the end of June. Good idea to get donations in before June 30 if you want the money to start paying out at the earliest possible date. Tech benefits whenever the money is deposited however. Endowment donations count towards LTAC membership.
This year's payout is calculated based on the principal on hand June 30, 2009 with the payout available to Athletics in July '10.
The money in an endowment must be on hand at least 12 months before a payout is made so whatever the balance is at the end of a fiscal year (June 30) will be the basis for the payout for the fiscal year 12 months later (July 1). The percentage payout varies from year to year based on market conditions.
We are close to getting the principle to the $50k milestone. Any help is much appreciated - thanks OLDDOG75 for your recent donation. Where are the other "olddogs"??? Make donations to La Tech University Foundation - Athletics Enhancement Endowment.
I put in my donation last week so hopefully it went through and got in before the 30th. Lets keep this thing growing.
Balance passes the $50K mark!!
I post an update of the balance right after the end of each quarter.
2nd Quarter 2010 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 . 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 . 13 different contributors life to date.
The balance on hand at the end of June '10 will be used for the July '11 payout.
Thanks to those that made their contribututions by June30 and pushed the fund past the $50K mark! - :)
Thanks for the update Tech78. Proud of you and your efforts.
Quote:
Originally Posted by Tech78
This is great! It stills disappoints me that after 3 years only 13 people have made these contributions. Giving a portion of your LTAC contribution can go a long way when it's an endowment that you give to.
Congrats! I knew we could do it. The Athletics Enhancement Endowment is now responsible for 2000 dollars plus per year going to projects for the benefit of Louisiana Tech Athletics. Lets keep it going. When are we going to hit 75K?:DQuote:
Originally Posted by Tech78
I am hoping to give by the end of the year, better before the kid arrives in November!Quote:
Originally Posted by firedog
I HIGHLY recommend giving a portion of your LTAC donation to this. 10% is a nice arbitrary number. :DQuote:
Originally Posted by firedog
(I really wish that a percentage of all undesignated gifts went into an endowment, but that doesn't seem to be on the administration's radar at this point.)
The payout from the endowment for FY 10-11 will be $1,111.12.
I'll get some needs from Bruce so we can vote on our recommendation.
Thanks again to all that have ever contributed to the fund - it keeps on giving...
I post an update of the balance right after the end of each quarter.
3rd Quarter 2010 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 . 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 . 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 . 13 different contributors life to date.
The balance on hand at the end of June '10 will be used for the July '11 payout.
Just think about how high it would be if each LTAC donor put 10% of their contribution, heck, even $10 towards this each year. At least 13 people see the benefit of an endowment.
Reminder -
Knowing that no one has been solicited to make an end of year donation to any charities, I thought I would mention how great an end of year tax deductible donation of any amount to the Athletics Enhancement Endowment would be a worthy consideration. You get LTAC credit for these donations.
After all, there are not many gifts that will give in perpetuity like this one.
I wish I would have seen this sooner. My LTAC renewal in spring will go entirely to this.
I post an update of the balance right after the end of each quarter.
4th Quarter 2010 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 . 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 . 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 . 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 . 13 different contributors life to date
The balance on hand at the end of June '11 will be used for the July '12 payout.
Well, I didnt give much, but I wanted to participate in this, and I hope to keep doing so going forward.
Welcome to the party!Quote:
Originally Posted by dhussdawg
I don't give much, either, but I'm proud to have been giving to it since Justin first announced it! It's been fun to watch it grow. Looking forward to hitting the $100k mark, which will hopefully be sooner rather than later!
Received the annual report on the Athletics Enhancement Endowment payout amount for the upcoming 2011-2012 fiscal year. It will be $1,871.
Nice increase from the 2010-2011 payout of $1,111.
Remember that all donations to the Endowment by June 30 will help with next year's (2012-2013) payout and they count towards LTAC.
This is the gift that really does keep on giving!!! Thanks to all the previous donors - you are making it grow.
This is truly the gift that keeps on giving!
I post an update of the balance right after the end of each quarter.
1st Quarter 2011 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 . 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 . 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 . 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 . 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 . 14 different contributors life to date
The balance on hand at the end of June '11 will be used for the July '12 payout.
I dropped in a little this morning. Not a lot, but it all helps!!!
Can we have a pledge drive or something for this?
I think it would make a big difference if this was advertised as an option for LTAC a little more heavily. I think more people would give if it was explained/advertised a little better. JMO though.
I think Adam does a fine job. I just think not many people know of the option.
If everyone donated $25 who are members of this board. We would put 25000 in the fund easy.
Made s small donation yesterday. Hope to make a big one one day.
Reminder -
Still time to get a donation in for the endowment before the end of June. Good idea to get donations in before June 30 if you want the money to start paying out at the earliest possible date. Tech benefits whenever the money is deposited however. Endowment donations count towards LTAC membership.
This year's payout is calculated based on the principal on hand June 30, 2010 with the payout available to Athletics in July 2011.
The money in an endowment must be on hand at least 12 months before a payout is made so whatever the balance is at the end of a fiscal year (June 30) will be the basis for the payout for the fiscal year 12 months later (July 1). The percentage payout varies from year to year based on market conditions.
Make donations to La Tech University Foundation - Athletics Enhancement Endowment.
Just a bump, if you are making a contribution to the Endowment, its time to make it now and beat the June 30th deadline.Quote:
Originally Posted by Tech78
Great reminder. I still haven't gotten mine in yet this year. Need to get on the ball.Quote:
Originally Posted by olddog75
I post an update of the balance right after the end of each quarter.
2nd Quarter 2011 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 . 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 . 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 . 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 . 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 . 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 . 16 different contributors life to date
The balance on hand at the end of June '11 will be used for the July '12 payout.
Those 16 different contributors are the GOOD GUYS!Quote:
Originally Posted by Tech78
The payout from the endowment for FY 11-12 will be $1,870.57.
Last year is was $1,111.12.
I'll get some needs from Bruce so we can vote on our recommendation.
Thanks again to all that have ever contributed to the fund - it keeps on giving...
Great job guys! I hope to make contribution soon. As anyone ever asked some our big boosters if they might be interested in a gift? Just curious
Quote:
Originally Posted by okiealdawg
Not that I'm aware of.
Tech does not actively promote this fund and other projects that are not their primary focus i.e. ATAC fund that Karl started. I guess they feel that it potentially takes away from LTAC, QE project, etc.
It has been pointed out aptly by others on this thread that it makes sense for the longterm health of the athletic program to build the endowment, as well as generate funds for the annual operating needs and projects.
I hope our next president doesn't have the aversion to capital campaigns and endowments as the incumbent.Quote:
Originally Posted by Tech78
I wouldn't mind their not promoting these funds if they would enact a policy that puts a percentage of all undesignated gifts into an endowment (or perhaps spreads it among all endowments). 5-10% would not cripple the annual fund, and over time would really help our endowments grow.
And for those who are interested, there are similar endowments on the academic side. In particular, I know of one that goes to "the area of greatest need as determined by the president," which typically is the general fund, and another that pays into the general scholarship fund.
3rd Quarter 2011 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 . 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 . 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 . 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 . 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 . 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 . 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 . 18 different contributors life to date
The balance on hand at the end of June '11 will be used for the July '12 payout.
In January, I plan to donat $25 a month for a full year strictly to the Endowment. It will give me my C parking pass through LTAC and put some money back into the Endowment.
4th Quarter 2011 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 - 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 - 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 - 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 - 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 - 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 - 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 - 18 different contributors life to date
As of 12/31/2011 the balance is $ 60,851 - 18 different contributors life to date
The balance on hand at the end of June '11 will be used for the July '12 payout.
Let's see if we can get it to 65k and 25 donors before June!!
The only special instruction, either by check or online at the state, "AthleticEndowment improvement." There is no limit on the amount or frequency.
I intend to balance the principle of the gift of each quarter, so that to see it foreveryone, as we do can be placed reside.
Thank you for your support of the athletics-Tech!
Thank you for your bump of the Athletic Enhancement Endowment-Barbariolen Spammer!Quote:
Originally Posted by Barbariolen
His mama should have cared more about his education!!!Quote:
Originally Posted by Barbariolen
I donated $50 last month. This is a good investment and will keep on giving long after we are gone.
I will post the ending 3rd quarter balance for the endowment next Monday. The 4th quarter is when contributions need to be made that will affect the payout for 2013.
I received notification that the payout for 2012 is $2,165 which is approximately $300 more than 2011.
This is something we all need to get on board with. That is $2100 of perpetual giving. Just imagine if this endowment was in the 6 to 7 figure range!! We can all donate $10 to $100 bucks and watch it grow!!
1st Quarter 2012 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 - 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 - 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 - 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 - 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 - 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 - 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 - 18 different contributors life to date
As of 12/31/2011 the balance is $ 60,851 - 18 different contributors life to date
As of 03/31/2012 the balance is $ 60,889 - 18 different contributors life to date
The balance on hand at the end of June '11 will be used for the July '12 payout.
I agree with your comment. IMO it's because historically tech gifts for scholarshipsand professorships were. These are the first general funds of the Tech track and field,all others are for athletic scholarships to date. But any donation can be added from a donor, but someone has to start - that's all we did in this case.
The endowment was started in January 2007. The first payout to athletics was made for the '08--'09 academic year. The Foundation Board sets the percentage each year. The payout amount is based on the endowment's corpus from the previous year's June 30th balance.
The payout history for the endowment:
2008-2009 -- $ 981 for Athletics ticketing system
2009-2010 -- $ 683 for Athletics facilities landscaping improvements
2010-2011 -- $1,111 for Tech logos at JAS
2011-2012 -- $1,871 for equipment updates for sports medicine / trainers
2012-2013 -- $2,165 yet to be determined
Total to date $6,811
Just threw in $50 out of my overall donation. I encourage everyone to put a little into the Fund, every little bit helps.
I put in $300 out of my overall donation a few days ago. It will be withdrawn monthly so it won't all hit at once unfortunately, but it will be in by the end of the year.
Is this account counted towards our overall endowment?
Yes.Quote:
Originally Posted by KSDAWG
Good!! Our overall endowment is in serious need of a Capitol campaign. Hopefully one Q4E is complete they will address it.
Would be great if it were addressed, but Tech is full of people that have a short-time horizon and have been unwilling to incorporate setting aside money for the longterm. We have to plug along on our own and make an attempt to sway the new admin people as they arrive i.e. new president in the near future.Quote:
Originally Posted by KSDAWG
http://2020.latech.edu/overview/benchmarks.shtmlQuote:
Originally Posted by Tech78
"Triple our endowment"
What was our endowment when that goal was set?Quote:
Originally Posted by GermDawg
dropped another 150 in when my LTAC rolls over at the end of this month.... wish we had a way to get this out to the masses, not just the names that the university pimps.
Living off of the interest of a saving account is a lot better than begging every year like we are doing. Budget cuts don't affect schools with strong well funded endowments likethey do schools who won't plan ahead.
If you have thought about making a contribution, now is the time. June 30th is a magic date. Its a gift that keeps on giving.
Kind of like the Jelly of the Month Club?Quote:
Originally Posted by olddog75
http://www.youtube.com/watch?v=1K8-kNuDgoA
2nd Quarter 2012 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 - 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 - 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 - 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 - 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 - 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 - 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 - 18 different contributors life to date
As of 12/31/2011 the balance is $ 60,851 - 18 different contributors life to date
As of 03/31/2012 the balance is $ 60,889 - 18 different contributors life to date
As of 06/30/2012the balance is $ 68,157 - 19 different contributors life to date
The balance on hand at the end of June '12 will be used for the July '13 payout.
Nice bump in the last three months. For those who contribute, job well done.Quote:
Originally Posted by Tech78
Good job!! I plan on contributing all my LTAC for next year towards this. The next goal should be 100k
3rd Quarter 2012 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 - 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 - 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 - 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 - 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 - 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 - 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 - 18 different contributors life to date
As of 12/31/2011 the balance is $ 60,851 - 18 different contributors life to date
As of 03/31/2012 the balance is $ 60,889 - 18 different contributors life to date
As of 06/30/2012 the balance is $ 68,157 - 19 different contributors life to date
As of 09/30/2012 the balance is $ 68,932 - 20 different contributors life to date
The balance on hand at the end of June '12 will be used for the July '13 payout.
I donated a little last week. Only 25 bucks but that's the kind of donations I have been preaching about. This think has been my gospel to who ever will listen lately!!
Here is my annual end-of-year plea for donations to the Athletics Enhancement Endowment. Since we aren't going bowling this year, how about directing some or all of the money you were going to willing give to the gas stations, motels, restuarants, game tickets, etc to the Endowment.
This spend will do some good in perpetuity and bring some feel-good back in your Tech life. Your donation will supercede any and all Tech coaches and admins that you are having any grief over!
Data data data how I love thee!
Attachment 10211
Some day, I will be able to honor this. :(Quote:
Originally Posted by JuBru
Today, I'm writing a check for $300 and pledging another $200 to total $500 towards the endowment. I'm super excited to finally make LTAC Trophy donor and give like I want to this endowment!!
4th Quarter 2012 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 - 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 - 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 - 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 - 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 - 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 - 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 - 18 different contributors life to date
As of 12/31/2011 the balance is $ 60,851 - 18 different contributors life to date
As of 03/31/2012 the balance is $ 60,889 - 18 different contributors life to date
As of 06/30/2012 the balance is $ 68,157 - 19 different contributors life to date
As of 09/30/2012 the balance is $ 68,932 - 20 different contributors life to date
As of 12/31/2012 the balance is $ 71,782 - 21 different contributors life to date
The balance on hand at the end of June '12 will be used for the July '13 payout.
Bump!!!!
Now is a great time to donate prior to Football season!
The endowment was started in January 2007. The first payout to athletics was made for the '08--'09 academic year. The Foundation Board sets the percentage each year. The payout amount is based on the endowment's corpus from the previous year's June 30th balance.
The payout history for the endowment:
2008-2009 -- $ 981 for Athletics ticketing system
2009-2010 -- $ 683 for Athletics facilities landscaping improvements
2010-2011 -- $1,111 for Tech logos at JAS
2011-2012 -- $1,871 for equipment updates for sports medicine / trainers
2012-2013 -- $2,165 lights for soccer field
2013-2014 -- $2,473 to be determined
Total to date $9,284
Remember that donations prior to June 30, 2013 will benefit the payout next year - make that 2013 donation to the endowment NOW!!!!
Growth is the key!! We need more members on this board donating to get that number way up!! We can do it!!
If we can continue the payout growth trend could be a up to 10k by 2020,
Attachment 10587
Attachment 10588
Got my donation in last week!
This endowment is very important in the fact that BBB has input with how the funds are distributed. It also give posters on here to put their money where their mouth is!!! If you are an LTAC member or need to be an LTAC member designate your money to go to this endowment!!! Please!
Well said. Put you money where your mouth is, is spot on. 21 people understand that statement.Quote:
Originally Posted by KSDAWG
This Friday is the last day to make a donation to the endowment that will affect the payout for July 1, 2014. So write that $100K check today!!!! Make sure the donation is made, don't just write a check :).
My contribution just cleared the the bank. It was a little shy of $100,000. :D Reminds me of Bob Uecker in Major Leagues, "Juuuust a bit outside!"Quote:
Originally Posted by Tech78
Added another 200 to my LTAC donation the other day for this. Upped it 50 from last years endowment sum, wish it was more but trying to sell a house and by a new one cash is needed.
I did better than that, but I accidentally left off the K.Quote:
Originally Posted by Tech78
Perfect. Every little bit helps, and the key is to stay in the rhythm.Quote:
Originally Posted by DallasDog
2nd Quarter 2013 Update on the Athletics Enhancement Endowment:
As of 3/31/2007 the balance is $ 20,700. 3 different contributors life to date.
As of 6/28/2007 the balance is $ 21,200. 3 different contributors life to date.
As of 9/30/2007 the balance is $ 22,130. 5 different contributors life to date.
As of 12/31/2007 the balance is $ 25,870. 6 different contributors life to date.
As of 03/31/2008 the balance is $ 28,981. 7 different contributors life to date.
As of 06/30/2008 the balance is $ 36,875 . 8 different contributors life to date.
As of 09/30/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 12/31/2008 the balance is $ 36,965 . 8 different contributors life to date.
As of 03/31/2009 the balance is $ 37,982 . 9 different contributors life to date.
As of 06/30/2009 the balance is $ 42,465 . 11 different contributors life to date.
As of 09/30/2009 the balance is $ 42,490 . 11 different contributors life to date.
As of 12/31/2009 the balance is $ 42,507 . 11 different contributors life to date.
As of 03/31/2010 the balance is $ 43,087 - 12 different contributors life to date.
As of 06/30/2010 the balance is $ 51,482 - 13 different contributors life to date.
As of 09/30/2010 the balance is $ 51,677 - 13 different contributors life to date.
As of 12/31/2010 the balance is $ 51,707 - 13 different contributors life to date
As of 03/31/2011 the balance is $ 57,232 - 14 different contributors life to date
As of 06/30/2011 the balance is $ 60,076 - 16 different contributors life to date
As of 09/30/2011 the balance is $ 60,613 - 18 different contributors life to date
As of 12/31/2011 the balance is $ 60,851 - 18 different contributors life to date
As of 03/31/2012 the balance is $ 60,889 - 18 different contributors life to date
As of 06/30/2012 the balance is $ 68,157 - 19 different contributors life to date
As of 09/30/2012 the balance is $ 68,932 - 20 different contributors life to date
As of 12/31/2012 the balance is $ 71,782 - 21 different contributors life to date
As of 06/30/2013 the balance is $ 78,090 - 22 different contributors life to date
The balance on hand at the end of June '13 will be used for the July '14 payout.
FYI If you have this setup to auto pay go double check my Other category was listed as Athletics Enhancement Endowment, but after the first autopay it was changed to Memorial Gym Floor Covering.
It's much better to give to the Louisiana Tech Athletic Enhancement Endowment than to the federal government. Save taxes and give to Tech, its a win win.
As of 12/31/2013 the balance is $ 78,945 - 24 different contributors life to date
The balance on hand at the end of June '14 will be used for the July '15 payout.
As of 03/31/2014 the balance is $ 79,995 - 25 different contributors life to date
The balance on hand at the end of June '14 will be used for the July '15 payout