athletic scholarship endowment program

Transcription

athletic scholarship endowment program
For more information on how you can perpetuate the greatness and ensure
the future of the University of Georgia Athletic Association, please contact:
athletic scholarship
endowment program
The Georgia Bulldog Club
University of Georgia Athletic Association
P.O. Box 1472 | Athens, Georgia 30603
TEL: 706.542.9220 | TOLL FREE: 877.GA.DAWGS
E-MAIL: [email protected]
|
FAX:
the university of georgia
706.542.8992
01/13
Today, University of Georgia
student-athletes have a tremendous
championship tradition to uphold.
Past, Present & Future
THEY CARRY THE SPIRIT AND PRIDE for all students, alumni and supporters of our great
University. Extraordinary athletic performances continue to stand out in our minds — grand
moments of magnificent Bulldog victories. Often, it is Georgia’s student-athletes who create
the first and most lasting impression of the University of Georgia.
STUDENT-ATHLETES, MEN AND WOMEN ALIKE, represent the University of Georgia not only
on athletic teams — which compete at a state, regional and national level — but also in classrooms
across the campus. The tradition of athletic and academic excellence at the University is made
possible by scholarships that provide these young people the opportunity to become successful,
well-educated citizens, distinguished alumni and supporters of the University of Georgia.
THE GEORGIA BULLDOG CLUB
at h l e t i c s c h ol a r s h i p e n d o w m e n t p r o g r a m
The University of Georgia Athletic
Association annually awards scholarships
to approximately 600 student-athletes.
Our Commitment to Student-Athletes
THESE SCHOLARSHIPS, WHICH COVER tuition, fees, room, board and books, cost the Athletic
Association just under $9 million annually. With a little over 200 named scholarship endowments,
that tuition bill is partially offset by the interest revenue generated by these endowments.
IN ADDITION, the University of Georgia Athletic Association awards the maximum number of
scholarships per sport as allowed by the NCAA.
SCHOLARSHIPS ARE FUNDED by the Athletic Association. Full costs of in-state and out-of-state
tuition are paid by the Athletic Association — no University, state or federal revenues can be used.
However, generous contributions from alumni and friends are relied upon to meet our scholarship
funding requirements.
THE GEORGIA BULLDOG CLUB
The University of Georgia Athletic Association
is a separate corporate entity; by law, it is
self-supporting, not accepting any financial
assistance from UGA or the State of Georgia.
Our Commitment to Athletics
THE REVENUES RELATED TO CONFERENCE AFFILIATION, tickets, annual giving, along with
private gifts, are our primary means of support. These revenues must be annually sufficient to:
• Fund scholarships to 21 varsity sports teams.
• Provide operating budgets (coaches’ salaries, travel, equipment, recruiting) for these 21 teams.
• Build, renovate and maintain facilities for these teams.
• Operate the Rankin Smith, Sr. Student-Athlete Academic Center and provide support
to our academic staff.
• Support administrative functions, such as the Ticket Office, Promotions,
Sports Medicine, Sports Communication, etc.
• Provide financial assistance to the University of Georgia Cheerleaders and the Redcoat Band.
The Athletic Association must prudently keep costs down, seeking alternative resources to meet an
ever-increasing budget, while improving the quality of its athletic programs.
THE GEORGIA BULLDOG CLUB
at h l e t i c s c h ol a r s h i p e n d o w m e n t p r o g r a m
While one donor may pay tribute to a parent
by creating an endowed memorial, another might
honor a coach or fellow student who has made
a significant difference in his or her life.
Endowments come from the heart, and they
all share a common goal — ensuring the future
of excellence in athletics at the University of
Georgia.
Ensuring the Future
ENDOWED GIFTS ARE HELD in perpetuity.
The UGA Foundation invests all initial gifts and
THE ATHLETIC SCHOLARSHIP ENDOWMENT PROGRAM represents a long-term solution to
spends only a portion of the annual investment
keeping pace with escalating scholarship costs, and it is vital for the future of Georgia Athletics.
return for the scholarship created. The remaining
income is added back to the principal as
THIS PROGRAM ALLOWS FRIENDS of the Georgia Athletic Association to invest in the educational
protection against the eroding consequences
opportunities of UGA student-athletes. With an eventual goal of endowing all of our athletic
of inflation and increasing scholarship costs.
scholarships in all sports, the financial base created by the Athletic Scholarship Endowment Program
will guarantee the financial resilience and ongoing excellence of Georgia athletics year after year.
A DONOR WHO MAKES an endowed gift today
can be confident that his or her gift will grow and
TO PERPETUATE THEIR PERSONAL GOALS and to contribute permanently to the greatness of
continue to provide support far into the future.
the Bulldogs, donors create endowments for the benefit of the Athletic Association through the
University of Georgia Foundation.
THE GEORGIA BULLDOG CLUB
at h l e t i c s c h ol a r s h i p e n d o w m e n t p r o g r a m
Athletic Scholarship Endowment
A DONOR MAY ENDOW A NAMED SCHOLARSHIP for a University
of Georgia student-athlete with a gift of $200,000. Although the donor
cannot select specific scholarship recipients, he or she can designate
his/her support to a specific sport.
Number of scholarships
allowed by NCAA
$26,791,912.52
“
85
MEN’S SPORTS
To the right is a list of varsity sports at the University of Georgia through
which a donor may endow a scholarship. The list also notes the maximum
number of NCAA Athletic scholarships an institution is allowed to offer.
It takes approximately FIVE endowed scholarships at UGA to cover the
cost of one student-athlete.
CURRENTLY
ENDOWED
11.7
12.6
.
13
9.9
.
FOOTB
ALL
BASKET
BALL
XCOUN
T
R
Y/TRAC
BASEBA
K & FIE
LL
SWIMM
LD
ING & D
GOLF
IVING
TENNIS
4.5
4.5
I am honored to be the
recipient of the Ramsey
Scholarship for Academic
15
Exellence. I truly appreciate
14
your donation and
devotion to University
of Georgia Athletics.
Noel Couch
All-American Gym Dog
”
12
12
NEEDED TO BE
FULLY ENDOWED
18
WOMEN’S SPORTS
15
$234,719,300
14
12
XCOUN
TRACK TRY/
& FIELD
BASKET
BALL
8
EQUES
T
R
IA
N
SOCCE
R
SWIMM
6
ING & D
GYMNA
IVING
STICS
SOFTB
ALL
VOLLEY
B
A
LL
TENNIS
GOLF
11%
Endowed to support
student-athlete scholarships
and university resources.
BASEBALL
GOAL
FOOTBALL
$ 10,919,675
GOAL
$ 938,490.68
CURRENT
8.5%
GYMNASTICS
$ 59,217,650
CURRENT
22%
We currently have
6 Baseball
scholarships endowed
EQUESTRIAN
GOAL
CURRENT
CURRENT
$ 12,587,100
3
$ 2,637,530.8
21%
We currently have
88 Football
scholarships endowed
$ 13,970,750
GOAL
$ 187,383.64
CURRENT
42%
We currently have
11 Gymnastics
scholarships endowed
$ 10,311,775
GOAL
1
$ 1,196,383.7
We currently have
8 Men’s Golf
scholarships endowed
$ 10,382,275
$ 854,380.40
CURRENT
8%
We currently have
9 Men’s Basketball
scholarships endowed
University and represent the basketball program.
GOAL
This opportunity has presented me with opportunities
”
6
$ 1,617,894.6
We currently have
5 Men’s Swimming
scholarships endowed
MEN’S TENNIS
I feel blessed and grateful to be able to attend this
to succeed that go beyond basketball.
$ 3,887,725
MEN’S SWIMMING
12%
We currently have
2 Equestrian
scholarships endowed
GOAL
CURRENT
MEN’S BASKETBALL
1%
“
.60
$ 11,754,557
GOAL
MEN’S GOLF
CURRENT
Houston Kessler
Freshman
Men’s Basketball
$ 5,429,075
$ 983,039.86
18%
We currently have
7 Men’s Tennis
scholarships endowed
MEN’S CROSS COUNTRY/TRACK
GOAL
CURRENT
$ 9,847,750
GOAL
$ 284,377.85
3%
We currently have
2 Men’s Cross Country/
Track scholarships
endowed
$ 12,725,250
CURRENT
CURRENT
$ 11,047,825
GOAL
$ 954,639.28
9%
We currently have
4 Volleyball
scholarships endowed
$ 13,459,300
GOAL
$ 244,284.64
CURRENT
We currently have
2 Soccer scholarships
endowed
SOFTBALL
Allison Schmitt
CURRENT
CURRENT
WOMEN’S GOLF
CURRENT
2012 Olympic Gold Medalist
$ 12,983,350
200-METER FREESTYLE «
4X100-METER MEDLEY RELAY «
4X200-METER FREESTYLE RELAY «
$ 500,705.44
4%
We currently have
3 Softball scholarships
endowed
“
$ 18,590,125
$ 136,877.22
.07%
$ 606,863.55
We currently have
5 Women’s Golf
scholarships endowed
WOMEN’S SWIMMING
GOAL
We currently have
1 Women’s Cross
Country/Track scholarship
endowed
$ 5,349,250
11%
We currently have
8 Women’s Basketball
scholarships endowed
WOMEN’S CROSS COUNTRY/TRACK
2%
GOAL
GOAL
$ 541,810.86
4%
SOCCER
GOAL
WOMEN’S BASKETBALL
VOLLEYBALL
CURRENT
$ 16,356,050
$ 800,140.16
5%
We currently have
5 Women’s Swimming
scholarships endowed
WOMEN’S TENNIS
Thank you very much for supporting
our swimming program! Your generous
endowment has allowed me to compete
for the Dawgs and complete my degree
in Psychology.
”
GOAL
CURRENT
$ 7,654,125
$ 505,706.85
7%
We currently have
5 Women’s Tennis
scholarships endowed
MANY TYPES OF GIFTS AND GIFT VEHICLES
are available to donors for the establishment of an
endowment. The Athletic Association’s development
staff assists each donor, working through their
advisors, as they choose the most beneficial asset
and the best method of transferring that asset to
the University of Georgia Foundation in order to
achieve his or her objectives. Gifts to the Athletic
Scholarship Endowment Program are tax-deductible,
as allowed by law, and may provide the donor
with considerable tax benefits.
At a time when scholarship costs are dramatically escalating,
it is imperative that the Endowment Program continue to
grow to respond to the funding challenge.
at h l e t i c s c h ol a r s h i p e n d o w m e n t p r o g r a m
LIFE INCOME GIFTS
• Pooled Income Funds
• Charitable Remainder Funds
• Life Estate Agreements
• Qualified Retirement Plans
• Charitable Gift Annuities
ESTATE GIFTS
• Bequests (Gifts by Will)
Ways of Giving
• Testamentary Trusts
CURRENT GIFTS
DEFERRED GIFTS
These gifts are made in the current year that the
These gifts are often called planned gifts because
Athletic Scholarship Endowment Program may
they are integrally connected to your financial
invest them immediately. Athletic Scholarship
and/or estate plans. Although deferred gifts are
Endowments created by current gifts may be
given today, the University of Georgia Foundation
payable over a five-yer pledge period.
and the Athletic Scholarship Endowment Program
• Cash
• Appreciated/Marketable Securities
may not realize their benefit until some years in
the future.
• New Life Insurance Policies
The tradition of athletic and
academic excellence at the
University is made possible
by scholarships.
• Real Estate
• Tangible Personal Property
• Paid-Up Life Insurance Policies
• Charitable Lead Trusts
THE GOERGIA BULLDOG CLUB
at h l e t i c s c h ol a r s h i p e n d o w m e n t p r o g r a m
Recognizing Endowment Donors
DONORS TO THE ATHLETIC ASSOCIATION Endowment Program are among the Athletic Association’s most
important supporters. Because the support of the Athletic Scholarship Endowment Program is over and above
gifts to the Georgia Educational Enhancement Fund, The Gymnastics Endowment Fund, and the Georgia Basketball
Enhancement Fund, donors of full scholarships are recognized in special ways for their outstanding generosity:
• The donor’s name is permanently associated with the scholarship endowment.
• Recognition is provided in the Athletic Association and UGA Foundation publications.
• Donors are recognized at a half-time ceremony of a home football game.
• Recognition is provided on the Athletic Association web site, www.georgiadogs.com.
• The donor’s name will be placed on the Athletic Scholarship Endowment Program plaque,
located in the Butts-Mehre Building.
• The donor will have the annual opportunity to meet the student-athlete selected to receive
endowed scholarship.
THE ATHLETIC ASSOCIATION HAS A LONG-STANDING TRADITION of excellence because of the dedicated
leadership of its coaches and administrators and the winning spirit exhibited by its student-athletes. Sharing in this
heritage are the special alumni and friends who have given, at times sacrificially, to transform the dreams of aspiring
UGA athletes into reality through scholarships.
THE GEORGIA BULLDOG CLUB