Endowment Levels
Sep 02, 2005 | General
Endowed Position Scholarship: $375,000 +
> Benefits
K-State offers donors the opportunity to endow the starting positions on its athletic teams. Donors who make a cash gift of at least $375,000 or a deferred gift with a present value of at least $375,000 will have a position on one of K-State’s varsity athletic teams permanently named in their honor or in the honor or memory of a loved one (i.e. Joe Wildcat Tackle Scholarship). The earnings from these endowments are used to fund the athletic scholarship for the student-athlete in that position. Along with other benefits, donors will be provided an exclusive opportunity on an annual basis to meet with their scholarship recipient at an athletic department sponsored event.
The Endowed Sport Scholarship: $175,000-$374,999
> Benefits
Opportunities exist to contribute to current scholarship endowments that benefit specific sports (for example, football or women’s basketball), which have not yet been fully funded. The earnings from these endowments are used to assist funding athletic scholarships for the donor-designated sport (i.e., the Joe and Jane Donor Endowed Scholarship for Women’s Basketball).
Named Endowmed Scholarship: $10,000-$174,999
> Benefits
Donors can establish a named endowment within the Ernie Barrett Athletic Endowment Society with a minimum $10,000 gift and, if desired, designate a sport’s general endowment fund (i.e., volleyball or baseball). Donors may also choose to remain more general in their support (i.e., men’s varsity athletics or women’s varsity athletics).
Varsity Athletics Endowment: $50-$9,999
> Benefits
Donors can contribute to the Ernie Barrett Athletic Endowment Society at any level. Gifts to the Varsity Athletics Endowment will be pooled with other contributors to this fund to help increase the endowment for athletic scholarships.
The Athletics Department will work with donors who wish to build an endowed scholarship over a period of time (generally five years). Endowed scholarships can begin to be awarded once a fund reaches $10,000 and may bear the name of the donor or as designated.
Donors who endow a K-State Athletic Scholarship (minimum $10,000) may pay with an outright or deferred gift.
