Cavalier Corner

June 2014

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EVENT RECAPS The Scott Montgomery Endowed Football Scholarship — Zachary Swanson The Fred N. Newman Endowed Men's Basketball Scholarship — Anthony Gill The Jonathan W. Old, Jr. Endowed Men's Tennis Scholarship — Ryan Shane The Bob Olderman Student-Athlete Endowed Scholarship — Nate Irving The Lisa and Frances Palmer Endowed Scholarship — Madison Labshere The Peele Rakowski Endowed Scholarship — Malcolm Brogdon The Sanford B. Prater Football Scholarship — Matt Johns The Judge and Mrs. Harold H. Purcell Family — Conner Davis The Gus and Becky Ramirez Swimming and Diving Scholarship — Haley Durmer The Gus and Becky Ramirez Swimming and Diving Scholarship — Yannick Kaeser The Richmond Alumni Scholarship — Anthony Harris The Thomas C. Rixey Endowed Memorial Lacrosse Scholarship — Ryan Tucker The E. Paul Rogers, Jr. Memorial Scholarship for Football — Eric Smith The Michael W. Rogers Endowed Men's Soccer Scholarship — Todd Wharton The James E. Rutrough, Jr. Endowed Scholarship for Baseball — Kenny Towns The Thomas J. Ryan Memorial Women's Basketball Scholarship — Faith Randolph The Leonard W. Sandridge, Jr. Endowed Scholarship — Hemingway Benton The P. Gregory Shelly Endowed Football Scholarship — Jay Whitmire The Nancy Wachtel Shrier Endowed Scholarship — Stephanie Nauta The Cindy Brinker Simmons Endowed Scholarship for Women's Tennis — Maci Epstein The E. Doyle Smith, Jr. Lacrosse Scholarship — Greg Danseglio The James P. Soper III Football Scholarship — Will Wahee The Mark and Anne Sternheimer Endowed Scholarship — Ross Burbank The Fred and Nancy Stubblefield Scholarship — Thomas Madden The Christine J. Toretti Women's Basketball Scholarship — Jaryn Garner The Ron and Barrie Tydings Endowed Baseball Scholarship — Brandon Waddell The Virginia Athletics Foundation Endowed Tennis Scholarship — Danielle Collins The Virginia Women's Basketball Alumni Scholarship — Sarah Imovbioh The Foundation is able to fund the 316.6 athletic scholarships allowed by the NCAA each year, but only a fraction of those are funded by the endowment. The ma- jority of the scholarship funds are raised each year as part of the annual campaign. The goal is to endow all of the scholarships in order to rely less on the annual campaign. This would allow the annual giving funds to be utilized on other strategic initiatives to benefit the student-athletes and improve the overall financial stability of the athletics department. Gifts to establish endowed scholarships are invested and an annual distribution is used to provide funding for the designated scholarship recipient. ENDOWMENT GIVING LEVELS Operational Endowments $1,000,000 Head Coach Named Endowment $500,000 Assistant Coach Named Endowment $250,000 Team Endowment $100,000 Team Captain Endowment $50,000 Operational Endowment Scholarship Endowments $500,000 Endowed Full Scholarship/Out-of-State $250,000 Endowed Half Scholarship/In-State $100,000 Partial Scholarship Endowment i03-7.VAF.indd 10 6/3/14 3:26 PM

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