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Joined: 12/16/2001
Posts: 2,210
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VTScoop
Lifetime

You are correct. That is not how that works at all. It is not a zero sum

game. Multiple sports enhance their budgets from sport specific giving initiatives. No coach would ever suggest/nor fool with sport specific giving initiatives if that were the case. But no sport at VT has their budget reduced/offset by sport specific gifts. Tony has, and still does, prefer SERTC, but giving through the University still helps him in several ways (and that will soften more as the school handles NIL more and more). One of the big differences is the school keeps a portion of each gift for operating costs, whereas SERTC doesn't need to do that (or at not at that level).
Posted: 11/21/2024 at 02:56 PM ET
(In response to this post by Hokiemacho)

Thread Replies (29)

Full Thread →
Is there a “Donation per _____” for wrestling. **
HokienGeorjaw • 11/20/24 06:09 PM ET
Yes. You can donate a specific amount of money
GreenvilleVT • 11/22/24 10:49 AM ET
It's a pledge per thing **
La Gargola • 11/20/24 06:53 PM ET
I wouldn't tho.
La Gargola • 11/20/24 08:57 PM ET
Correct. Coach Robie has stated SERTC benefits our wrestling
ChEHokie78 • 11/21/24 02:50 PM ET
This certainly implies that the funds go to the wrestling team.
Hokiemacho • 11/21/24 10:28 AM ET
Any donations made through the Athletic Department for wrestling goes to
HokieToph • 11/21/24 11:34 AM ET
I seriously doubt this is how it works.
Hokiemacho • 11/21/24 02:04 PM ET
You are correct. That is not how that works at all. It is not a zero sum ◄
VTScoop • 11/21/24 02:56 PM ET
Dave Braine did it so I wouldn't ever rule it out. There were indeed
HokieToph • 11/21/24 03:50 PM ET
I hear you, and I can't comment on the early 1990's. That was over
VTScoop • 11/21/24 04:17 PM ET
fair enough. I think we all can agree that SERTC is likely the better way
HokieToph • 11/21/24 04:54 PM ET
PSA: and SERTC is a 501(c)3 **
BackInTheBurg • 11/21/24 03:09 PM ET
Good accurate description, but the perception still exists
saret • 11/21/24 03:08 PM ET
I understand...and know that they have moved the HC gift processing across
VTScoop • 11/21/24 04:10 PM ET
I've never had the pleasure of meeting Bill. My loss. I think I
saret • 11/21/24 05:45 PM ET
I bet that is indeed how it works. The more money that gets earmarked
goodbadugly • 11/21/24 02:34 PM ET
The Hokie Club website says that is incorrect.
Hokiemacho • 11/21/24 02:55 PM ET
But, the perception still exists. I agree with your post, but that's for
saret • 11/21/24 03:11 PM ET
Very interesting discussion.........
2hhoop3 • 11/21/24 04:46 PM ET
Agreed. And I too appreciate @VTScoop 's efforts. I/we get more
saret • 11/21/24 05:48 PM ET
They'll cover travel and all that regardless as long as we are good
donjfs3 • 11/21/24 11:25 AM ET
This is not totally true.
Hokiemacho • 11/21/24 01:52 PM ET
Some flights were paid for by generous donor. SERTC is preferred **
Vidi Vici Veni • 11/22/24 09:40 PM ET
True - good example
donjfs3 • 11/21/24 05:33 PM ET
Agreed.
MC4VT • 11/21/24 09:06 AM ET
Will not donate to Hokie Club unless major AD changes. 100% SERTC!**
VTDante • 11/21/24 09:03 AM ET
Amen
Hokie Hawk • 11/21/24 07:35 AM ET
Yep SERTC is the way to go if you want to support wrestling**
donjfs3 • 11/20/24 10:53 PM ET
Thanks **
HokienGeorjaw • 11/20/24 09:00 PM ET