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TerpFaith ●
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goterpss said...
There are two new initiatives that I think are being deployed for the first time here -- one the "friends of" or team related fundraising groups are being attempted to morph into a bit more of an exclusive group. Second, the Athletic Dept as a whole is trying to get away from attaching benefits to certain donations. Most other charities raise money using a philanthropic approach, not selling some kind of benefit. Attaching donations to benefits was very short sighted and, as we all learned the "benefits" may eventually lose value and hence reduce our ability to fundraise.
ColbertRepor
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TerpBE
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MisterSmiley ●
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goterpss said...
It was discussed in the President's Commission findings. Every school does it but not to the tenth degree that we do it, and in fact Terpoints are somewhat relatively new. The schools that raise the big time money, that have billions in endowment money, aren't raising it by giving out the right to purchase 4 or 6 season football tickets.
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ColbertRepor
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MisterSmiley ●
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goterpss said...
There are two new initiatives that I think are being deployed for the first time here -- one the "friends of" or team related fundraising groups are being attempted to morph into a bit more of an exclusive group. Second, the Athletic Dept as a whole is trying to get away from attaching benefits to certain donations. Most other charities raise money using a philanthropic approach, not selling some kind of benefit. Attaching donations to benefits was very short sighted and, as we all learned the "benefits" may eventually lose value and hence reduce our ability to fundraise.
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goterpss said...
It was discussed in the President's Commission findings. Every school does it but not to the tenth degree that we do it, and in fact Terpoints are somewhat relatively new. The schools that raise the big time money, that have billions in endowment money, aren't raising it by giving out the right to purchase 4 or 6 season football tickets.
http://twitter.com/insidemdsports
JeffErmann ●
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WMTerp12 said...
I joined the MGN last month, solely due to the benefits attached. They aren't getting a penny of my money without any benefit. Your comparison sucks because they aren't a charity.
I don't disagree with your premise on the exclusive group. It really should be Big Money = Access, little money = benefits.
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goterpss said...
Am so sick of that argument. There are tons of major colleges that sit inside or just outside major media and sports markets that out fundraise us -- Univ of Michigan, Pittsburgh, Cal, Stanford, USC, UCLA, G'Tech, Univ Washington. All of them have endowments in multiples of ours.
This post was edited by JeffErmann on 12/22/2011 at 3:28 PM
http://twitter.com/insidemdsports
JeffErmann ●
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TerpFaith ●
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goterpss said...
LOLOLOLOL.
I won't even mention the Ivy Leagues, Ivy caliber, or even private schools. But large State U's like ourselves, with far less national championships in basketball or football have endowments and fundraising success multiples of ours. I give Univ of Illinois as an example -- $1.3 billion. Pittsburgh -- $ 2 billion.
This post was edited by bkmalik on 12/22/2011 at 4:01 PM
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Wow - MGN Silver Membership is now $250 :-(