+ Reply to Thread
Results 1 to 5 of 5

Thread: Update / reminder Athletics Enhancement Endowment

  1. #1
    Champ Tech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to behold Tech78's Avatar
    Join Date
    Apr 2006
    Location
    Pineville, LA
    Posts
    1,113

    Update / reminder Athletics Enhancement Endowment

    Update / Reminder -

    Just received an update on the balance of the endowment - $67,082. Thanks to all who have helped this grow to this point over the past few years. Maybe some last minute gifts will get it to the $70K mark before June 30, 2012???

    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.

    The 2013 payout is calculated based on the principal on hand June 30, 2012 with the payout available to Athletics in July 2013.

    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.
    Donate to the Athletics Enhancement Endowment

  2. #2
    Champ detltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond reputedetltu has a reputation beyond repute detltu's Avatar
    Join Date
    Jul 2004
    Location
    Madisonville, LA
    Posts
    4,664

    Re: Update / reminder Athletics Enhancement Endowment

    Quote Originally Posted by Tech78 View Post
    Update / Reminder -

    Just received an update on the balance of the endowment - $67,082. Thanks to all who have helped this grow to this point over the past few years. Maybe some last minute gifts will get it to the $70K mark before June 30, 2012???

    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.

    The 2013 payout is calculated based on the principal on hand June 30, 2012 with the payout available to Athletics in July 2013.

    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.
    It would be great to get to 25 different donors for the lifetime of the fund as well. Last I saw we were around 18. Who wants to step up and be part of the first 25?!

    Only seven spots left! No donation is too small to reserve your place as one of the elite 25!
    2017 LTAC Champion donor (110%)
    2017 Football Season ticket holder X3

  3. #3
    Champ olddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant futureolddog75 has a brilliant future
    Join Date
    Sep 2002
    Location
    Dallas, Texas
    Posts
    5,184

    Re: Update / reminder Athletics Enhancement Endowment

    Quote Originally Posted by detltu View Post
    It would be great to get to 25 different donors for the lifetime of the fund as well. Last I saw we were around 18. Who wants to step up and be part of the first 25?!

    Only seven spots left! No donation is too small to reserve your place as one of the elite 25!
    I sent a check in today, but I am already in the elite eighteen.

  4. #4
    Champ Tech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to beholdTech78 is a splendid one to behold Tech78's Avatar
    Join Date
    Apr 2006
    Location
    Pineville, LA
    Posts
    1,113

    Re: Update / reminder Athletics Enhancement Endowment

    Bmp ...

    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
    Donate to the Athletics Enhancement Endowment

  5. #5
    Champ DallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond reputeDallasDog has a reputation beyond repute DallasDog's Avatar
    Join Date
    Sep 2003
    Location
    Mckinney Tx
    Posts
    3,679

    Re: Update / reminder Athletics Enhancement Endowment

    I have given part of my LTAC specifically to the endowment for the last 2 years. It's easy to do and if advertised I think most people would give. It would help increase the endowment very quickly.
    2008 Young Alumnus of the Year
    2011 ALA National Law Related Education Teacher of the Year......
    2012 TLA Law Related Education Teacher of the Year

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts