| Giving to Stanford Mens Gymnastics Thank you for your interest in the Stanford Mens Gymnastics Program. Your support helps us remain among the nations elite mens gymnastics programs. There are many ways to show your support: Mens Gymnastics Sports Improvement Fund Contributions to the mens gymnastics sports improvement fund helps offset the cost of supplies and additional equipment not included in the budget. How can I Donate? Give Online Call (650) 723-2001 Program Endowment The costs of salaries and benefits, recruiting, team travel and other expenses are escalating, some of themfaster than the rate of inflation. The long-term solution to offsetting the cost of these expenses is endowment. An endowment fund for the mens gymnastics program can be established for $100,000 or more. Each gift of endowment for mens gymnastics is invested and earns annual income for the operating budget in perpetuity. Scholarship Endowment Endowed scholarship funds help provide the resources necessary to attract talented gymnasts to Stanford. A fund can be named for the donor or for someone the donor chooses to honor. Endowed scholarship funds are invested with the Universitys endowment and earn income in perpetuity for student aid. The Board of Trustees established a payout rate to protect the purchasing power of the endowment. Earnings and appreciation over the payout rate are plowed back into the principal to keep it growing. Anticipating tuition, room and board costs to be approximately $35,000 per year, an endowment to support a full athletic grant-in-aid can be established with a gift of $750,000. An endowed partial scholarship fund may be established at a minimum level of $250,000. Matching Gift Program Stanford will match funds from individual contributors: 1:2 if a contribution is over $100,000 1:1 if a contribution is over $1,000,000 Stanford Mens Gymnastics Program Goals The mens gymnastics fundraising goal for 2001-2002, is to raise the minimum amount for a partial scholarship in Sadao Hamadas name ($250,000). Our long term goal is to fully endow a scholarship in Sadaos name ($750,000) and to fully endow the mens gymnastics program ($5,000,000). Every gift to the program moves us closer to achieving our fundriaising goals. We Appreciate Your Support! |