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Virginia Olympic Sports Board

Clark2

Joined: 10/02/2013 Posts: 5567
Likes: 3064


I know, but endowment is a whole different thing


We are in agreement on that.

Sports expenses include annual expenses (salaries, scholarships, travel, recruiting, equipment) and non-recurring expenses (mostly funding the facilities arms race). The more we can endow the former, the more we can only ask future donors to fund the latter, and the less vulnerable we are to changes in revenue streams from TV contracts, conference shenanigans, etc.

I have no idea what our athletic department endowment is, but the richest departments in the country depend greatly on annual income, so every school would love to have more endowment.

(In response to this post by Stimp)

Posted: 06/17/2022 at 6:53PM



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