The Sad irony is your $50,000 endowment earns on average $2800 year for VT
yet the Hokie Club will not recognize this in your annual giving.
Take the monies you gave for them to invest and use along with your $550 you promised to continue to make and you get 4 seats between the forty yard lines. ($2800 + $550 = $3350)
VT hosed a large contributor base many of which are making the same decision you are making. There are some cases where the athletic fund is losing the endowment because donors have asked their scholarship pledge to be reassigned out of athletics.
Last point- knowing may folks in the Financial Planning field I know of a handful of Wills that are being changed away from VT athletics.
Being lied to changes lives and outcomes- we just saw it in recruiting.
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In response to this post by va.tech)
Posted: 02/02/2017 at 12:12PM