TEAM EXCELLENCE FUNDS
Excellence Funds for each of the Roadrunner teams, in many cases, allows the head coach to purchase unbudgeted items or to support unmet scholarship needs. These unrestricted gifts provide the teams with the ability to get a competitive edge and to provide their students with the best possible experience. This may include recruiting, academic support, and other important areas.
Examples of how the Excellence Funds may be spent:
- Grad Assistant Coaches or Support Staff
- Training Equipment
- Team Specific Software
- Scholarship Supplement
- Travel Enhancements
- Facility Improvements
ENDOWMENTS
An endowment generates income to the University in perpetuity. By investing the gift principal and using just the interest earned to help meet the cost of a grant-in-aid assures the Athletics Department of on-going funds to maintain the quality and diversity of its program.
Endowment Principal |
Annual Return 4%* |
$25,000 |
$1,000 |
$50,000 |
$2,000 |
$100,000 |
$4,000 |
$250,000 |
$10,000 |
$500,000 |
$20,000 |
$1,000,000 |
$40,000 |
*Our endowment spending policy requires we spend 4% of the return on the principal;
the remainder is reinvested into the principal.
Student-Athlete Scholarships
Our annual scholarship bill exceeds $4 million. A full in-state scholarship is $25,580 and a full out-of-state scholarship is $34,505 (2016-2017). State funds may not be used for student-athlete scholarships, making private contributions and designated scholarship endowments a vital funding source. The following is a summary of the return that is avaialble for distribution from an endowment investment.
Coaching Positions
Endowing a coaching position allows us to provide support and incentives that allow us to attract and retain the best coaches at CSUB. We can help you find a way to create a legacy that supports future generations of student-athletes and coaches. This includes making a gift through appreciated real estate, charitable trusts, stocks or mutual funds, and much more. Many do not even require cash today!
LEGACY SOCIETY
For individuals who wish to make a significant gift to CSUB Athletics, but cannot afford to lose the income from the assets they would give, a planned gift may provide the answer. A planned gift is one made to CSUB Athletics with the income or other benefits from the donated money or property retained by the donor or other beneficiary for as long as he or she lives. Planned gifts can be a significant part of an overall estate plan. Such gifts provide an excellent method of obtaining diversification, reducing income tax, reducing estate and gift taxes, and cutting the cost of probate of one's estate. Such gifts of property, which increase in value, may also avoid capital gains taxes for a donor. CSUB Athletics will be happy to assist you in designing a planned gift to achieve your personal, financial and charitable objectives. The following descriptions are the recommended ways of planned giving. For more information, click here.
GIFT IN KIND
In addition to your yearly Roadrunner Club pledge, there are several other ways to contribute to the continued long-term success of Roadrunner Athletics. Listed below are several options to consider that may be suited for your personal tax situation.
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