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Thread: Donors

  1. #1
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    Default Donors

    I just read where an anonymous donor just gave 5 million dollars earmarked for the basketball program. I will neither confirm or deny that it was me but could I have some of it back.
    http://www.komonews.com/news/local/G...298669051.html
    Last edited by zag buddy; 04-04-2015 at 09:43 AM.
    If you want to be happy tomorrow, think good thoughts today--Bud Fisher


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  2. #2
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    Damn! Ya can't keep anything private anymore

  3. #3
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    Does he or she move up on the season tix waiting list?

  4. #4
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    Quote Originally Posted by jazzdelmar View Post
    Does he or she move up on the season tix waiting list?
    Yes! I think that moves a person up at least ten spaces. Though, I suspect many of those ten will first take the opportunity to match the gift.

    I'm torn about this. Of the organizations at the school, the last one needing large gifts is the basketball team. I would rather see those go to scholarship funds or infrastructure improvements. I suppose it could be that the gift frees up money to go to those areas given the decreased need within the BB program?
    Whenever you find yourself on the side of the majority, it is time to pause and reflect.
    Mark Twain.

  5. #5
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    Quote Originally Posted by DixieZag View Post
    Yes! I think that moves a person up at least ten spaces. Though, I suspect many of those ten will first take the opportunity to match the gift.

    I'm torn about this. Of the organizations at the school, the last one needing large gifts is the basketball team. I would rather see those go to scholarship funds or infrastructure improvements. I suppose it could be that the gift frees up money to go to those areas given the decreased need within the BB program?

    That's exactly what happens. It's all green money.

  6. #6
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    The truth is that the success of the basketball program helps the whole school (whether one likes that or not). This generous gift, therefore, will amply reverberate throughout the rest of the school. Besides, the money was the donor's to give and give where he would like. Seems like win-win to me.

  7. #7
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    Don't assume that the basketball teams are "self funded". They, too, rely on University funding to run their programs. Given the upcoming changes that the big 5 conferences are driving, Gonzaga Basketball will need the additional funds to remain competitive.

  8. #8
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    We are fans and a Hugh part of the program. I think the monies should be divided among us fans on this blog with a larger percentage going to the fan that started this topic.
    If you want to be happy tomorrow, think good thoughts today--Bud Fisher


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  9. #9
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    Quote Originally Posted by zag buddy View Post
    We are fans and a Hugh part of the program. I think the monies should be divided among us fans on this blog with a larger percentage going to the fan that started this topic.
    I'm thinking post count could be used to measure how great each poster is.
    Agent provocateur

  10. #10
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    quality over quanity
    If you want to be happy tomorrow, think good thoughts today--Bud Fisher


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  11. #11
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    Quote Originally Posted by tyra View Post
    The truth is that the success of the basketball program helps the whole school (whether one likes that or not). This generous gift, therefore, will amply reverberate throughout the rest of the school. Besides, the money was the donor's to give and give where he would like. Seems like win-win to me.
    Exactly...national name brand of a school goes through their respective athletic diamond
    I am working on being a more all around square.

  12. #12
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    Quote Originally Posted by sonuvazag View Post
    I'm thinking post count could be used to measure how great each poster is.
    Bump
    I am working on being a more all around square.

  13. #13
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    Quote Originally Posted by sonuvazag View Post
    I'm thinking post count could be used to measure how great each poster is.
    Bump...
    I am working on being a more all around square.

  14. #14
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    Quote Originally Posted by tyra View Post
    The truth is that the success of the basketball program helps the whole school (whether one likes that or not). This generous gift, therefore, will amply reverberate throughout the rest of the school. Besides, the money was the donor's to give and give where he would like. Seems like win-win to me.
    This

  15. #15
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    http://www.spokesman.com/stories/201...lion-donation/ Link

    It is certainly true that the Basketball team has brought in tens of millions to the school generally with increased awareness, student enrollment and money donated.

    It is nice that the improvements made geared to basketball improve the infrastructure generally for students.
    Whenever you find yourself on the side of the majority, it is time to pause and reflect.
    Mark Twain.

  16. #16
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    Default Well-played

    Quote Originally Posted by tyra View Post
    The truth is that the success of the basketball program helps the whole school (whether one likes that or not). This generous gift, therefore, will amply reverberate throughout the rest of the school. Besides, the money was the donor's to give and give where he would like. Seems like win-win to me.
    Looks like the donor(s), Gonzaga, and the athletic department thought this one through. Should be great for the sustainability of the University. Hopefully inspires others to give generously to programs they favor. We don't have a large endowment relative to our reputation. We need to keep this place going!

  17. #17
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    Quote Originally Posted by sonuvazag View Post
    I'm thinking post count could be used to measure how great each poster is.
    This.
    This post is for March Madness seeding purposes only.

  18. #18
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    Default Well-played

    Quote Originally Posted by tyra View Post
    The truth is that the success of the basketball program helps the whole school (whether one likes that or not). This generous gift, therefore, will amply reverberate throughout the rest of the school. Besides, the money was the donor's to give and give where he would like. Seems like win-win to me.
    The donor(s), University, and Athletic Department seem to have thought this out pretty well. A great contribution to the sustainability of Gonzaga. We are not a well-endowed school relative to our reputation. Hopefully this inspires others to do the same.

  19. #19
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    Default Love the donors!!!!!!

    Thanks!!!!!! When I win the lottery I'll be donating too!!!! Go zags!!!
    Qualified for 22 Straight Big Dances

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  20. #20
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    $5 million nice gift to the program.

    Crazy as it is.
    "The best players will play. That's the way it will always be." Larry Bird

  21. #21
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    I would say basketball has taken student enrollment from about 4,000+ to 9,000+. I believe that's an increase of about 180 million a year. $36,000 costs of tuition and fees per student. ( hope I did that right).
    If you want to be happy tomorrow, think good thoughts today--Bud Fisher


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  22. #22
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    That money should've been earmarked for ME!

    BWAHAHAHAHAAA!
    The Kennel: "You will never find a more wretched hive of scum and villainy."

  23. #23
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    Default Mixed Feelings

    I'm torn about this. Of the organizations at the school, the last one needing large gifts is the basketball team. I would rather see those go to scholarship funds or infrastructure improvements. I suppose it could be that the gift frees up money to go to those areas given the decreased need within the BB program?
    I am grateful that this person is generous to GU. If he/she is reading, I would say Thank You. I would also tell this person over a beer at Jack & Dan's that I feel a little guilty about it as an alum and parent of GU students. The Basketball team could probably get by on a measly million (yes, I know that a million bucks does not go as far as it used to) and the rest to the Endowment Fund to sustain the University and its students. It is not like the Basketball program is in a shabby situation. Maybe we need a new weight room, but that is not going to cost that much. I feel like a hypocrite for criticizing T. Boone Pickens owning the teams at Oklahoma State now.

    That being said, It is this person's money to give and I am glad it is going to us and not some other school.



    P.S. Maybe we can afford to get rid of the damned Black Uniforms now.


    P.P.S. I would suspect that there are at least 20 people at GU, if not more, who know the identity of the donor. Eventually we will know, but sometimes that takes a few years. I do have a measure of respect for person who donate anonymously.

  24. #24
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    As one or two mentioned above, this 5 million going to the basketball team allows them to move some other money around, so it'll help the whole school. The changes in Gonzaga since 1999 are truly remarkable as far as rise in enrollment, increase in difficulty of admission, and the massive facility improvements.
    I will thank God for the day and the moment I have. - Jimmy V

  25. #25
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    Default Might be restricted

    The donor might have restricted the money to athletics only, with a stipulation of no supplanting. That kind of information is usually a closely guarded secret and GU is under no obligation as a private institution to reveal that. Again, the public at large may not know for many years.

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