SPORT ENHANCEMENT FUNDS

VAF Announces Name Change for Coaches 10 to Sport Enhancement Funds — In 2012, the Virginia Athletics Foundation launched the first Coaches 10 fundraising effort designed to solicit gifts at a minimum of $10,000 from 10 donors to provide funding for specific needs identified by the head coach that could not be funded by the sport’s base budget. Examples of the needs funded by Coaches 10 contributions include foreign tours, training trips, specialized equipment, coach retention, and summer school. Over the past eight years, these efforts have grown significantly. The majority of gift solicitations have ranged from $10,000 to $500,000.

The total raised by the Coaches 10 initiative has exceeded $11.3 million, with men’s basketball and football totaling $3.2 million and $3.9 million respectively. Coaches 10 commitments were in addition to any Annual Fund gifts and did not qualify the donor for any benefits.

Beginning in 2021, the Coaches 10 fundraising efforts will be renamed to Sport Enhancement Funds to provide a more descriptive name for the use of the funds. The Sport Enhancement Funds will continue to provide funding for needs identified by the head coach with approval from his/her sport administrator and athletics administration. Similar to the Coaches 10 program, gifts will be accepted starting at a minimum of $5,000 and are designed to be in addition to current Annual Fund commitments.

While not tied to donor benefits, gifts to Sport Enhancement Funds will continue to count toward the lifetime giving portion of priority point calculations and are a way for donors to support the programs they are passionate about above and beyond their Annual Fund contributions.