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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!!!