The future of Oklahoma State University athletics has never been brighter!
Within seven years, world-class facilities will be the norm for every sport.
These facilities will provide each team an opportunity to compete for championships, but
this is only part of the winning equation. Just as important is the annual budget given to
each sport, which provides scholarships, travel, academic support, strength & conditioning,
housing, food, etc. In an effort to ensure that all of our sports are competitive, the OSU
Athletic Department is initiating a fundraising campaign to fully endow all scholarships.
The total number
of scholarships
given to student
athletes each year is 229 at a
cost of $4,580,000. The goal
is to fully endow these scholarships by 2016.
Currently, a full scholarship costs approximately $20,000;
therefore, it takes $500,000 to endow each scholarship
using a spending policy of 5%. Excess earnings will be
reinvested, allowing the principle to grow at a rate covering
future scholarship cost increases. The donor has five
to ten years to fund the endowment depending on the
scholarship selected; the 5% spending allowance will not
be applied until one year after the scholarship pledge has
been paid in full.
With his unprecedented gift of $165 million to OSU Athletics in 2005, Boone Pickens
provided the means to create first-class facilities for all Cowboy and Cowgirl sports
programs. Invested with BP Capital, Pickens' private investment firm, this gift continues
to grow at a strong rate. Gifts to endow athletic scholarships will also be invested in
this fund. Mr. Pickens has generously agreed to waive all fees associated with athletic
investments.
Your generous gift to OSU in the form of a scholarship endowment will establish
your legacy for future generations at Oklahoma State. To provide greater
opportunities for people to participate in this historic fundraising campaign,
three prominent donor categories have been created.
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Position Scholarship Endowment ($500,000)
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This gift opportunity allows a donor to name a scholarship for a specific
position on the Cowboy or Cowgirl team of his or her choice. Associated
earnings will cover the full scholarship cost for the student-athlete in a
specific sport. The endowment will be forever named in honor of the donor,
donor's family or another individual designated by the donor. This gift will
fully endow the scholarship and is payable over five years.
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Team Scholarship Endowment ($250,000)
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With this endowment gift, the donor will name half of a scholarship on
a Cowboy or Cowgirl team of his or her choice. Associated earnings will
cover half of the scholarship cost for the student-athlete in a specific sport.
The endowment will be forever named in honor of the donor, donor's
family, or another individual designated by the donor. This donation is
payable over five years.
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First Quarter Scholarship Endowment ($125,000)
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The donor of this endowment gift will name a partial scholarship on a
Cowboy or Cowgirl team of his or her choice. Associated earnings will
cover the partial scholarship cost for an OSU student-athlete in a specific
sport. The endowment will be forever named in honor of the donor, donor's
family, or another individual designated by the donor. This donation is
payable over ten years.
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Note: Any scholarship endowment pledged prior to December 31, 2011,
will be guaranteed at the donation levels above.
cholarships are the lifeblood of an athletic department. Involved donors will help the department
guarantee scholarship funding for Oklahoma State student-athletes in perpetuity.
Supporters who "Cowboy Up" for this cause will join other generous donors in providing a bright orange
future for all OSU varsity sports.
Donor Benefits
- Tax-deductibility (see your tax adviser)
- POSSE Priority Points per $100 donated
- Prominent name recognition in permanent location(s) on campus
- Special donor features in athletic publications
- Five to ten-year window to pay pledge commitment
Campaign Goal
- Fully endow all athletic scholarships by 2016 (229 scholarships totaling $115,000,000)
Giving Opportunities
- Cash Gifts
Cash, stocks, bonds and tangible personal property
- Appreciated Securities/Real Estate
Outright gift or in-gift annuities and trusts
- Gift Annuity/Trust
Assets placed into a trust while donor continues to receive income
- Will/Bequest
Gift to OSU Athletics through a will
Endowment opportunities may receive significant tax benefits.
To Learn More
There is a special opportunity to
leave your legacy with Oklahoma
State University and secure the
future of our athletic programs.
To learn more about the Endowment
Scholarship program and how
you may contribute, please call
the numbers listed above or
877-OSU-ATHL.
Larry Reece
Associate Athletic Director - Development
Work: 405.744.2824
Cell: 405.269.3223
lreece@osuf.org
Matt Grantham
Director of Development
Work: 405-744-3002
mgrantham@osugiving.com
