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Virginia Olympic Sports Board

UltimateHooFan

Joined: 1/15/01 Posts: 1791
Likes: 495


UVa has a multi-billion dollar endowment - if ever there was a time to dip


The covid crisis justifies dipping into endowment to make up for Covid expenses across the board - academics, operations, athletics, all scholarship funding (not just athletics); as an alumnus I would hope the decision makers see this as a once in a hundred year crisis and dip into endowment a bit to get thru the year largely unscathed (yes there has been and will be some belt tightening), but don't let the progress UVA has made on so many fronts be destroyed by a once in a hundred year calamity.

(In response to this post by damms)

Posted: 09/18/2020 at 01:31AM



+2

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Current Thread:
 
  
W&M swim alumnus blasts school -- LeadingEdge 09/14/2020 9:47PM
  I would fire her immediately ** -- sabrex 09/29/2020 3:15PM
  And now W&M president puts out damage control message. ** -- LeadingEdge 09/24/2020 12:07AM
  I hear it is about to get crazy. ** -- cddc 09/25/2020 3:42PM
  Appears W&M is rebuffing swim-team fundraising efforts -- LeadingEdge 09/21/2020 5:54PM
  That claim looks lame -- LeadingEdge 09/25/2020 2:55PM
  Their new AD will be gone within 18 months ** -- Mg234 09/24/2020 6:17PM
  Link -- FxHoo 09/24/2020 6:09PM
  This..... -- damms 09/15/2020 08:42AM

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