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RJHokie

Joined: 12/15/1999 Posts: 31130
Likes: 30721

What's this?

Not so. There are donations to the Hokie Club that


are sports specific, which are not used for scholarships, and capital contributions which are used for construction projects, and in some instances, debt service.

Donations to the SERTC or similar organizations can be used to pay for things that could not be paid by Tech - your example of Ty Walz is a good example. Also, those types of organizations can be used to supplement coaches pay and pay "volunteer" coaches.

(In response to this post by catovahokie)

Posted: 03/22/2017 at 9:41PM


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Current Thread:
 
  Question about donations... -- VTErnie 03/22/2017 8:36PM
  Re: Question about donations... -- vtrocks75 03/23/2017 1:32PM
  Re: Question about donations... -- catovahokie 03/22/2017 9:28PM
  Not so. There are donations to the Hokie Club that -- RJHokie 03/22/2017 9:41PM
  NO, at least the way I understand it. -- VTraised 03/22/2017 8:58PM
  It is my understanding they get the $105k. ** -- RJHokie 03/22/2017 8:53PM
  That is my understanding as well. -- VTChip 03/22/2017 10:53PM
  Earmarking donations to a certain program don't effect the total budget -- IV_Hokie12 03/22/2017 8:43PM
  That is NOT what two different coaches have told me -- VTChip 03/22/2017 10:52PM
  You are correct. ** -- RJHokie 03/22/2017 10:53PM
  SERTC -- emhokie 03/22/2017 8:39PM

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