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Thread: Wrestling endowments

  1. #28

    Default Re: Wrestling endowments

    Quote Originally Posted by gg121and2 View Post
    It's true that Roy Carver pumped a lot of money into Iowa wrestling - especially the Hawkeye Wrestling Club. However, most of the endowed scholarships come from other donors (including Gary Kurdelmeier's family) and were generated by the Hawkeye Visions Endowment Program, which was headed up by Bowlsby and the U of I Foundation.
    Thanks, good info. I'd just relied on what I'd heard year's ago about Roy Carver donating about $250,000 back in the 1970s, when a quarter million was worth something!!!
    "Strange women lying in ponds distributing swords is no basis for a system of government!?

  2. #29

    Default Re: Wrestling endowments

    GG brings up a good point. You don't have to be a millionaire to add to the endowment of your school's wrestling team. If your school already has endowed scholarships, you can direct your donation to those. At Mizzou this year, Brian Smith pushed for all of the proceeds from one dual to go to the endowment, and the school loved it. Just like your savings account, regular donations to an endowment will also help make it grow.

    If there are no endowed scholarships at your school, one way to make it happen is to get together with your development office, and a group of people you know from your school, and start a fund that will endow at least one scholarship. You may have to start small, and it may take a while, but I guarantee that your actions will not go unnoticed among the school's administration.

  3. #30

    Default Re: Wrestling endowments

    I recall that Bucknell's comeback in wrestling was completely financed by one donor, wasn't it?

  4. #31

    Default Re: Wrestling endowments

    Quote Originally Posted by bluestater View Post
    GG brings up a good point. You don't have to be a millionaire to add to the endowment of your school's wrestling team. If your school already has endowed scholarships, you can direct your donation to those. At Mizzou this year, Brian Smith pushed for all of the proceeds from one dual to go to the endowment, and the school loved it. Just like your savings account, regular donations to an endowment will also help make it grow.

    If there are no endowed scholarships at your school, one way to make it happen is to get together with your development office, and a group of people you know from your school, and start a fund that will endow at least one scholarship. You may have to start small, and it may take a while, but I guarantee that your actions will not go unnoticed among the school's administration.
    Precisely. You start with bite-sized efforts. Trying to raise $5 million seems like an insurmountable goal. But trying to get $400,000 to $500,000 becomes reachable.

    We had an initial effort at Maryland with the Fear the Turtle campaign about 6years ago. It wasn't going to fund scholarships but was supposed to be a bridge. Wrestling raised over $300,000 in a couple of years, which allowed us to become fully funded. We got the department's attention because we had more people contribute then any other sport. And the results were evident on the mat at this year's NCAAs.

    The downside was that money didn't go to endow scholarships. Our hope was that we could now get something in excess of that to get one scholarship endowed. The economy got in the way.

    Unfortunately they don't let us charge admission for duals at Maryland. I'd love for us to host someone like Penn State on a Sunday afternoon. I think we could get a very nice crowd for the dual. We do host Oklahoma next year, and hopefully Lehigh.
    "Strange women lying in ponds distributing swords is no basis for a system of government!?

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