Originally Posted by
Tech78
2nd Quarter 2015 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
As of 03/31/2015 the balance is $ 97,565 - 27 different contributors life to date
The balance on hand August 31, 2015 will be used for the July '16 payout.
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 athletic's scholarship fund
2014-2015 -- $3,310 Sport and Movement Laboratory
2015-2016 -- $3,706 Sport and Movement Laboratory
Total to date $16,300 paid out.
Remember that donations prior to August 31, 2015 will benefit the payout next year - make that 2015 donation to the endowment NOW by designating it to the Athletics Enhancement Endowment. Send to La Tech Foundation - LTAC.