In reading the press release it appears the funds will be released over a

period of time as opposed to a lump sum payment. And, it depends on the gift agreement as to whether the interest earned on such funds is to be unrestricted or used in the program.

In response to this post by VPIGUY

Posted: 12/07/2018 at 11:16AM

A BIG HOKIE Thanks to the Fralins for -- wasris 12/06/2018 10:03AM

My intent was Mr. Fralin writes separate checks!!!! ** -- wasris 12/07/2018 11:21AM

Hopefully it frees up some funds to be redirected to the SERTC instead... -- VPIGUY 12/06/2018 1:05PM

Free them up from where? ** -- Pylons 12/06/2018 2:06PM

When you start shifting $50 million around, things can happen! ** -- Bburg Native 12/06/2018 8:11PM

1. Can't shift from academics to athletics -- Pylons 12/07/2018 09:56AM

A $50M cash infusion towards the VT Carillion Health center would likely... -- VPIGUY 12/06/2018 2:51PM

No...I do not believe so in this instance. These funds are meant to -- RJHokie 12/07/2018 11:05AM

Not for athletics, it has to be self supporting ** -- VictoryTurkey 12/06/2018 9:30PM

Not to mention SERTC isn't even part of VT ** -- Pylons 12/07/2018 09:58AM

I get it... -- VPIGUY 12/07/2018 10:42AM

Sure, in this case though, -- Pylons 12/07/2018 10:50AM

Unless they plan on spending $50M immediately (not likely)... -- VPIGUY 12/07/2018 10:56AM

A major source? for a university with a $1.6 BILLION budget? -- Pylons 12/07/2018 12:04PM

In reading the press release it appears the funds will be released over a -- RJHokie 12/07/2018 11:16AM

In reading the press release it appears the funds will be released over a

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