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Thread: Athletic Enhancement Endowment

  1. #151
    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
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    Re: Athletic Enhancement 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.

  2. #152
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    Re: Athletic Enhancement Endowment

    Let's see if we can get it to 65k and 25 donors before June!!

  3. #153
    Puppy Barbariolen is an unknown
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    Re: Athletic Enhancement Endowment

    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!

  4. #154
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    Re: Athletic Enhancement Endowment

    Quote Originally Posted by Barbariolen View Post
    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!

  5. #155
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    Re: Athletic Enhancement Endowment

    Quote Originally Posted by Barbariolen View Post
    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!
    His mama should have cared more about his education!!!

  6. #156
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    Re: Athletic Enhancement Endowment

    I donated $50 last month. This is a good investment and will keep on giving long after we are gone.

  7. #157
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    Re: Athletic Enhancement Endowment

    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.

  8. #158
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    Re: Athletic Enhancement Endowment

    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!!

  9. #159
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    Re: Athletic Enhancement Endowment

    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.

  10. #160
    Puppy Barbariolen is an unknown
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    Re: Athletic Enhancement Endowment

    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.

  11. #161
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    Re: Athletic Enhancement Endowment

    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
    Last edited by Tech78; 04-11-2012 at 09:41 AM. Reason: added use descriptions

  12. #162
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    Re: Athletic Enhancement Endowment

    Just threw in $50 out of my overall donation. I encourage everyone to put a little into the Fund, every little bit helps.

  13. #163
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    Re: Athletic Enhancement Endowment

    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.

  14. #164
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    Re: Athletic Enhancement Endowment

    Is this account counted towards our overall endowment?

  15. #165
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    Re: Athletic Enhancement Endowment

    Quote Originally Posted by KSDAWG View Post
    Is this account counted towards our overall endowment?
    Yes.

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