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WamplerR

Joined: 1/20/12 Posts: 1149
Likes: 686


If the VAF's endowment isn't used to save sports in a 100 year Pandemic


Why would anyone give to the endowment?

Endowments are for long term growth and stability. Obviously it's great to use the interest to fund scholarships and budgets and not find yourself in a position to dip in.

But if someone gave $5 million to the endowment to fund the future of volleyball, then UVA can't cut the Volleyball program over a $1 million shortfall during a Pandemic.

*Just using that sport and those numbers as an example.


(In response to this post by Zhoo)

Posted: 05/19/2020 at 2:58PM



+1

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Current Thread:
  Can you explain that last statement? ** -- Minderbender 05/21/2020 08:31AM
  Gotcha, thanks ** -- Minderbender 05/21/2020 08:43AM
  Of course ** -- Mg234 05/21/2020 08:50AM

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