Vanier Family Makes Donation
Oct 11, 2005 | Football
K-State Athletics Establishes Barrett Endowment Society
The gift, which was made by Jack and Donna Vanier of
“Building our endowment is vital to the future of Kansas State Athletics and we are very grateful to the Vanier Family for their continued generosity and support,” Weiser said. “For K-State, an endowment represents a long-term solution to the escalating costs of competing at the highest level by giving us a constant stream of revenue and guaranteeing a source of future funding. The Barrett Endowment Society provides our fans and supporters a way to leave a permanent individual or family legacy with K-State Athletics.”
According to Weiser, the gift will be placed in the university’s pooled investment fund and the interest income will be used by the athletic department to help fund the base salary of the head football coach.
“The gift was made to begin the process of endowing the head football coaches’ position and to show our appreciation to Coach Snyder and his staff for all they have done for
“As has been the case during my entire tenure at
Weiser also indicated that the $3.5 Million gift from the
The endowment will be named after current K-State Director of Development Ernie Barrett. An All-American basketball player who captained the Wildcats to the NCAA Championship game in 1951, Barrett went on to play professionally for the Boston Celtics before returning to the University to serve as a coach and later as an administrator. Barrett assumed the role of Athletics Director in 1969 and led the department of athletics until 1976.
Funds donated to the Ernie Barrett Endowment Society will be used to permanently endow scholarships, coaches’ salaries, facilities and programs, Weiser said.
