01-06-2005, 01:06 AM | #1 | ||
College Benchwarmer
Join Date: Sep 2002
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Do you donate to colleges?
I was reading a newspaper I bought a while back from Boston, that had an interesting article about the endownment fund of Harvard, and after the donation of the Grey Goose Vodka owner-and-seller of his $100 million to Brown and Leonard Miller leaving a $100 million gift to the University of Miami Medicial School, is donating to colleges seems to mixed singles. Your thoughts?
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01-06-2005, 01:13 AM | #2 |
Hokie, Hokie, Hokie, Hi
Join Date: Mar 2001
Location: Kennesaw, GA
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I make two donations yearly to Virginia Tech...one earmarked for the Pamplin College of Business and the other towards athletics (gotta keep our wrestlers in singlets!). I know my bother does the same, and I believe my sister will start now that she's graduated. My parents have endowed a scholarship at VT, as well.
Nothing close to $100 million, though. Last edited by VPI97 : 01-06-2005 at 01:14 AM. |
01-06-2005, 01:16 AM | #3 |
Hall Of Famer
Join Date: Nov 2002
Location: New Jersey
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I've donated to USC and UMDNJ-RWJMS every year for the past 3 years. Nothing huge, but a modest donation each year.
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01-06-2005, 01:17 AM | #4 | |
College Benchwarmer
Join Date: Sep 2002
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Would be nice if you had that much though. I just found Harvard's endownment, fund-raising, and spending efforts to be quite interesting. |
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01-06-2005, 01:18 AM | #5 |
Banned
Join Date: Jul 2002
Location: Placerville, CA
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I gave to Arizona State University on a regular basis back in the early '90s.
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01-06-2005, 01:20 AM | #6 |
Pro Starter
Join Date: Oct 2000
Location: Allen Park, MI
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I donate every month.... unwillingly....
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01-06-2005, 01:25 AM | #7 |
General Manager
Join Date: Nov 2002
Location: The Town of Flower Mound
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I give to UTEP when I can...
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UTEP Miners!!! I solemnly swear to never cheer for TO |
01-06-2005, 01:25 AM | #8 | |
Hokie, Hokie, Hokie, Hi
Join Date: Mar 2001
Location: Kennesaw, GA
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01-06-2005, 01:37 AM | #9 | |
Greatly Missed. (7/11/84-06/12/05)
Join Date: Oct 2002
Location: Palo Alto, CA
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01-06-2005, 01:56 AM | #10 |
Strategy Moderator
Join Date: Nov 2001
Location: North Carolina
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I've made 2 donations to Rutgers since finishing school, specifically for student organizations.
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01-06-2005, 02:01 AM | #11 | |
Hall Of Famer
Join Date: Nov 2002
Location: New Jersey
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They gave me over 110,000 dollars in scholarship money. I would feel bad if I didn't give something back. |
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01-06-2005, 09:48 AM | #12 |
Torchbearer
Join Date: Sep 2001
Location: On Lake Harriet
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I give to both my college and law school.
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01-06-2005, 09:49 AM | #13 | |
Torchbearer
Join Date: Sep 2001
Location: On Lake Harriet
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Mixed signals? Why? |
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01-06-2005, 09:58 AM | #14 |
Roster Filler
Join Date: Jan 2002
Location: Cicero
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I don't because it is such a scam. Universities lie to people to get them to donate - especially private ones. They charge $35,000 a year and claim that it costs twice that to educate an undergrad, so we need your donation to cover the rest, etc. LIE (can we get them 30 days in the box SkyDog?) They get that figure by dividing the total budget by the total number of undergrads. In reality, 30% or less of the resources paid for with that money goes to educating undergrads, so they are already paying for more than the cost of their education, and expecting donors to cover the tremendous amount of waste and excess at any large University.
I encourage everyone to divert their charity dollars away from Universities, and towards some other cause that touches your heart. You are being scammed, and there are people out there who really need help.
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01-06-2005, 10:12 AM | #15 |
College Starter
Join Date: Dec 2003
Location: The DMV
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Sidney Frank (the Grey Goose guy) donated the bulk of that to endow financial aid--he said he did it because he came from a underprivileged background himself. Ironically, he had to drop out of Brown (though WWII might have had something to do with it too). Ted Turner has contributed a lot to Brown too, and he didn't finish either (he was kicked out).
I've contributed to my undergraduate institution in the past, but not to my grad school (thus far, since I just graduated). I will contribute to either once they find me. My undergraduate school apparently has lost touch (I've changed addresses several times in the past three years). I've actually updated my info in the alumni registry, so I'm surprised that their marketing people haven't found me yet--especially since I've contributed in the past. Well, the university will get my money if they can get their act together. |
01-06-2005, 10:14 AM | #16 |
Hockey Boy
Join Date: Oct 2000
Location: Royal Oak, MI
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I will start donating once my loans are all paid off. This will take a while...
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Steve Yzerman: 1,755 points in 1,514 regular season games. 185 points in 196 postseason games. A First-Team All-Star, Conn Smythe Trophy winner, Selke Trophy winner, Masterton Trophy winner, member of the Hockey Hall of Fame, Olympic gold medallist, and a three-time Stanley Cup Champion. Longest serving captain of one team in the history of the NHL (19 seasons). |
01-06-2005, 10:16 AM | #17 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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I haven't given a dime to either my alma mater or my law school. I might consider it for my alma mater, although I doubt I will. I seriously doubt if I will ever give to my law school because they tried to change the school policy on who qualified for graduating for honors while I was there. Instead of just instituting a new policy for future classes, they tried to retroactively apply it to all three levels currently enrolled. I would have been directly affected. Fuckers.
We appealed, they lost. More than just their stupid honors policy, too.
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M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." Last edited by Ksyrup : 01-06-2005 at 10:16 AM. |
01-06-2005, 10:21 AM | #18 |
Head Coach
Join Date: Dec 2002
Location: Maryland
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I'm not sure how much my university needs, considering they seemingly own half of Maryland...I'm pissed at them anyway after sending me to a collection agency over about $100 they told me I owed for dropping a class I was taking with tuition remission a couple of days past the deadline. I had written a letter stating my case and identifying myself as an alum who didn't have much money at the time, but hopefully would in the future...and if they wanted to see any of that money, they should give me a pass in that instance. They didn't, so I refuse to make any donations (though my wife has given to the School of Nursing - she needs to stop answering their calls).
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01-06-2005, 10:23 AM | #19 | |
Torchbearer
Join Date: Sep 2001
Location: On Lake Harriet
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Here's a thought: I don't consider it charity. |
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01-06-2005, 10:42 AM | #20 | |
Roster Filler
Join Date: Jan 2002
Location: Cicero
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That has no bearing on my original point that Universities are hopelessly inefficient with their money, and by donating to them, you provide no incentive for them to either manage their resources better or be honest about their finances. And if it is money you are giving away, expecting nothing in return, for the purpose of helping others, what is it other than charity? Whether you consider it charity or not, it is money that would still be better used helping people rather than wasted.
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01-06-2005, 10:45 AM | #21 |
Hall Of Famer
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
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Countless millions are contributed to various universities in the SEC each year ... all in the name of staying eligible for tickets/season tickets.
edit to clarify: I didn't mean "by me", I just meant in general.
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"I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis Last edited by JonInMiddleGA : 01-06-2005 at 10:45 AM. |
01-06-2005, 11:08 AM | #22 |
College Starter
Join Date: Dec 2003
Location: The DMV
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I think donating isn't necessarily a goodness-of-your heart kind of thing. Like JonInMiddleGA mentions, a lot of people do it to stay eligible for season tickets. There are people I know from elite level colleges who donate a nominal amount each year since US News uses alumni giving rate in their rankings. Thus the theory goes, you are keeping the perceived value of your degree high if you keep your school's ranking high by giving.
Whether you buy that argument or not, that's just an illustration that people give for various reasons other than charity. |
01-06-2005, 11:18 AM | #23 | |
Pro Starter
Join Date: Oct 2000
Location: The Internets
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Quote:
ditto.
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01-06-2005, 12:12 PM | #24 |
College Benchwarmer
Join Date: Sep 2002
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I would never give to a sports program of my alumni after I graduate (Niagara, so we aren't a big-time program), because many of the players are wasting educations for free and the whole athletic spectrum of college sports. I would prolly donate to the medicial school of Buffalo (no attendence connection, but for health reasons), as well a Harvard speciality department that is treating me in Boston right now. I'm not sure if I would give to my alumni school if I graduated. I'm not too big on the way the priesthood (it's a Catholic University (not strict though)-I'm not Catholic) runs the university and uses the money. Plus, the department that I specialize in really butt-kisses the big-time CEO's, executives, owners, of the bigger companies.
The article is regarding Harvard that got me thinking. I know Harvard is alittle differnet, but I found it interesting. http://www.harvard60.org/endow.html |
01-06-2005, 12:19 PM | #25 | |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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Quote:
Some would consider it an investment, to assist with propping up the value of the piece of paper hanging on their wall.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
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01-06-2005, 12:47 PM | #26 | |
Pro Starter
Join Date: Oct 2000
Location: The Internets
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I give to targetted programs at my undergrad. And even if there is waste, I believe those programs are worth supporting. At law school, I just give a little and probably just for the sake of giving something. I have no illusions that it is at all productive. It does, however, allow my law school to continue to have the highest support of alumni (in terms of dollars and percent of alumni donating) for whatever that is worth.
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I do mind, the Dude minds. This will not stand, ya know, this aggression will not stand, man. - The Dude |
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01-06-2005, 01:19 PM | #27 |
Grizzled Veteran
Join Date: Sep 2003
Location: Fresno, CA
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Well let's see in order to get Season Tickets to Fresno State sports, you have to pay a PSL plus at least a partial scholarship(min $1300). In fact the size of the scholarship you pay determines the quality of the seat you can be assigned. So yeah, I "donate" to the University.
Last edited by Glengoyne : 01-06-2005 at 02:49 PM. |
01-06-2005, 01:24 PM | #28 | |
Torchbearer
Join Date: Sep 2001
Location: On Lake Harriet
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Quote:
Not only in inflating the sheepskin's value...but in developing relationships (both personally and professionally) with other donors and alumni. Also thinking way down the line, universities tend to look kindly on consistent contributors' children applicants. |
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01-06-2005, 01:28 PM | #29 |
College Starter
Join Date: Jan 2005
Location: Little Rock, AR
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Although I am getting a full scholarship from my college I will never donate anything to them. There are so many more associations in need. My money will go to animal shelters or homeless shelters.
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01-06-2005, 01:30 PM | #30 | |
Head Coach
Join Date: Dec 2002
Location: Maryland
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I don't think I would wish this on my kids, personally...
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01-06-2005, 01:31 PM | #31 | |
Torchbearer
Join Date: Sep 2001
Location: On Lake Harriet
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Fair point. |
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01-06-2005, 04:07 PM | #32 | |
College Benchwarmer
Join Date: Feb 2001
Location: Portland, OR
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At Oregon, all season tickets cost the same amount regardless of where your seats are. I think the cost might be $35 per. Where your seats are depends on how much you donate. |
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01-06-2005, 04:44 PM | #33 |
College Starter
Join Date: Nov 2002
Location: La Mirada, CA
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I donate to UCLA Athletics so I can get the Bruin Bench seats for their football games.
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01-06-2005, 04:46 PM | #34 |
Hall Of Famer
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
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Since this might not be a familiar scenario for some folks, here's a link to the details of the cost of season tickets at Neyland Stadium in Knoxville.
Mini-Season (Non-Renewable) 4-games $250 per pair Lower Level Full Season (Renewable) West Side Lower (R-W): $10,000 per pair East Side Lower (A-C): $5,000 per pair South Endzone Lower (G-Q): $1,000 per pair North Endzone Lower (X1-Z15): $1,000 per pair Upper Level Full Season (Renewable) West Side Upper (RR-WW): $5,000 per pair East Side Upper (AA-CC): $2,500 per pair South Endzone Upper (GG-QQ): $1,000 per pair North Endzone Upper (XX1-ZZ15): # Rows 1-2 ( chairback): $5,000 per pair # Rows 3-12 (bench seats): $1,000+ per pair # Rows 13-26 ( chairback, undercover): $2,500 per pair West(Pressbox), South(River), North(New Section), East(Team) Now, those "donations" to the athletic scholarship fund are in addition to the estimated $550/pair cost of the tickets to six games. And those are not cumulative amounts, those are the annual donation required to retain that level of renewable seats. And, FTR, I'm not picking on UT, I just knew how to find there's pretty quickly. I know that UGA is set up on a similar system & I believe most of the Southern football schools are basically the same, with costs varying by program interest.
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01-06-2005, 05:38 PM | #35 | |
Greatly Missed. (7/11/84-06/12/05)
Join Date: Oct 2002
Location: Palo Alto, CA
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Quote:
Last edited by Sharpieman : 01-06-2005 at 05:39 PM. |
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01-06-2005, 06:01 PM | #36 |
Head Coach
Join Date: Dec 2002
Location: Maryland
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I don't believe Hopkins has (or needs) season tickets for anything...
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01-06-2005, 06:03 PM | #37 |
College Benchwarmer
Join Date: Sep 2002
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Love the blackmailing of donations and college sports
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01-06-2005, 08:31 PM | #38 |
Pro Starter
Join Date: Nov 2000
Location: Cary, NC, USA
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I plan to once we're on solid enough financial ground - targeted, to the drama group; as that's where I spent the majority of my years at Tech.
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