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Virginia Olympic Sports Board

sabrex

Joined: 6/15/06 Posts: 2227
Likes: 358


In 2018 the men's rowing head coaching position was endowed.


"The Farwells' gift will provide necessary resources and ensures support in perpetuity. The Farwell Family Director of Men's Rowing is the 16th endowed head coach position and the 28th overall endowed position in the athletic department."

There has to be more to it than lack of funds given that I also read the school is discouraging "angel donors" from saving these programs. I suppose the teams can all operate as club sports moving forward using their endowments, but I still wonder if donors can get their money back if they want it.

(In response to this post by Bennvt)

Link: https://gostanford.com/news/2018/8/15/mens-rowing-farwell-family-gift.aspx


Posted: 07/09/2020 at 09:08AM



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Current Thread:
  But cost savings are illusionary in the short term. -- UltimateHooFan 07/09/2020 2:10PM
  What exactly is ‘lightweight rowing’? -- DurhamCav 07/09/2020 06:50AM
  Same -- Bennvt 07/09/2020 08:30AM
  Why discourage angel donors? -- LeadingEdge 07/09/2020 10:04AM
  Yes I think it's a combination of all of that -- sabrex 07/09/2020 10:38AM
  Slots allocation -- LeadingEdge 07/09/2020 12:29PM
  I can offer a little input here -- Stimp 07/13/2020 10:28AM
  Stanford's acceptance rate is 4.7% -- sabrex 07/09/2020 5:39PM
  Which sport? -- Bennvt 07/10/2020 9:49PM
  Sounds a lot like the Brown press release -- yogihoo 07/08/2020 2:11PM

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