Future of Division III

Started by Ralph Turner, October 10, 2005, 07:27:51 PM

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MCScots2013

Of course admissions and the President's Office hate being the subject of this kind of article; however, I'd say it depends. The alumni base makes a huge difference. If there is a large untapped group of potential donor alums, ie. those who could but don't, then publicity could help.

Take two Virginia schools: Sweet Briar and U of R (Richmond). SBC by all accounts has worked a miracle in the last decade to stay open and U of R is one of the wealthiest schools in the nation with ~$3.5B in endowed funds. A far cry from nearly closing the doors a few generations ago.

Catawba in NC has gotten two $200M gifts in the last 3 years. Endowment has grown from $88M to $614M in the last 5 years. Crazy!

It takes as little as one generous person to make a game changer for these schools.

IC798891

Quote from: MCScots2013 on Yesterday at 09:33:39 PMOf course admissions and the President's Office hate being the subject of this kind of article;

It takes as little as one generous person to make a game changer for these schools.

Save-the-institution type donors already know more about the financial decisions of an institution than would ever be put in a news article about those financial decisions, way before that article even gets thought of, let alone written or published.

That's why capital campaigns typically don't get announced until you have *at least* 70% of that money in the bank already. If you're making major financial decisions, good or bad, your rich alumni are the first to know, and the general public are the last. If anything, the reason you make these types of moves is because of what those alumni have or haven't done.

Anyone finding out via this article? Rank and file alumni

*I say this AS a rank and file alumnus. My hundred bucks a year is not keeping the lights on

Again, that's not to say these institutions are doomed. Plenty have been pulled back. But this article is not what's turning the tide

WUPHF

As discussed before, with the college tuition model, typically, you pay a lot initially and then get a lot of free services in return including academic, recreational and health-related services, programs, events...

If I looking at a college and heard that it was struggling financially, knowing that cuts would be inevitable, I might question the value proposition.  But I might be alone in thinking this way.

DagarmanSpartan

#4398
Quote from: IC798891 on Yesterday at 08:37:51 PM
Quote from: AndrewB on Yesterday at 04:19:13 PM
Quote from: MCScots2013 on Yesterday at 12:28:19 PMPublications are going to beat this dead horse for the foreseeable future.  Who can blame them, though?  Highly clickable topic and too easy to pick a small private college then look up their financials. Has to be a go-to when a deadline is coming up or you need to push something out for a quick payday.     

Wouldn't shock me if the school helped with the article.  Might get alumni to open the wallet for donations.  Any publicity is good publicity. 

Donors give for lots of reasons. But the common thread running through all of them is giving to something they believe in.

I agree on that last sentence.  Most of the money I donate to my undergrad alma mater (CWRU) goes to......get this now........the campus RADIO STATION (WRUW).  Best college radio ever!!!

As you say........it's something I believe in.
CWRU Grad, Class of 1994, big D3 sports fan of that school.  Also a fan of Yeshiva U at the D3 level.  Fan of Houston and Illinois at the D1-FBS level.

Gray Fox

Quote from: DagarmanSpartan on Today at 10:52:07 AM
Quote from: IC798891 on Yesterday at 08:37:51 PM
Quote from: AndrewB on Yesterday at 04:19:13 PM
Quote from: MCScots2013 on Yesterday at 12:28:19 PMPublications are going to beat this dead horse for the foreseeable future.  Who can blame them, though?  Highly clickable topic and too easy to pick a small private college then look up their financials. Has to be a go-to when a deadline is coming up or you need to push something out for a quick payday.   

Wouldn't shock me if the school helped with the article.  Might get alumni to open the wallet for donations.  Any publicity is good publicity. 

Donors give for lots of reasons. But the common thread running through all of them is giving to something they believe in.

I agree on that last sentence.  Most of the money I donate to my undergrad alma mater (CWRU) goes to......get this now........the campus RADIO STATION (CWRU).  Best college radio ever!!!

As you say........it's something I believe in.
Every little bit helps.  You may inspire the next Wolfman Jack.
Fierce When Roused

DagarmanSpartan

CWRU Grad, Class of 1994, big D3 sports fan of that school.  Also a fan of Yeshiva U at the D3 level.  Fan of Houston and Illinois at the D1-FBS level.