Thanks to the Borch's for donating another $5M to Dins track! Thats great
The article that announced it has some new news over Sports finances at FU
Inspired by the Borch gift, Furman has embarked on a campaign to grow the University's endowment for athletic scholarships to $100 million.
Apparently, track already has $20M saved up. FU wants to get to $100M as sports endowment. That means that $80M is still left to be raised although probably some other sports have some already
What does his have to do with baseball? Well, remember the word from FU was that if baseball were to stay around, it would have to raise $20M for an endowment
That would be 20% of the total $100M and 25% if the target was $80M. With the number of scolies used by baseball compared to total FU scholies that would seem to be a little high. Probably $5-10M would have been more realistic target.
Its ova, we know... but its just interesting
The article that announced it has some new news over Sports finances at FU
Inspired by the Borch gift, Furman has embarked on a campaign to grow the University's endowment for athletic scholarships to $100 million.
Apparently, track already has $20M saved up. FU wants to get to $100M as sports endowment. That means that $80M is still left to be raised although probably some other sports have some already
What does his have to do with baseball? Well, remember the word from FU was that if baseball were to stay around, it would have to raise $20M for an endowment
That would be 20% of the total $100M and 25% if the target was $80M. With the number of scolies used by baseball compared to total FU scholies that would seem to be a little high. Probably $5-10M would have been more realistic target.
Its ova, we know... but its just interesting
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