June 11, 2012
STANFORD, Calif.- Stanford Athletics announced today that an assistant men's basketball coaching position has been endowed by a very generous gift from an anonymous donor in honor of former Board of Trustees Chair Jim Gaither.
"This is another amazing example of the unprecedented support this university and athletic department receive," said Stanford's first James C. Gaither Assistant Coach of Men's Basketball, Mike Schrage. "We are honored to have Jim's name connected to my position and our program. He is a great fan and person and is certainly a part of our team."
A 1964 graduate of the Stanford Law School, Gaither has been active with the university for more than 50 years. He chaired the Stanford Board of Trustees from 1988 to 1993 and played a lead role in the formation of the Stanford Management Company. In 2006, Gaither received the university's highest award, the Degree of Uncommon Man. He has been a managing director with Sutter Hill Ventures since 2000.
"Among Stanford's great strengths are the opportunities it offers to student-athletes in all sports," said Gaither. "The student-athletes and their teams, in turn, provide great pleasure for Stanford's alums and other fans. I enjoy and take particular pride in Stanford basketball and could not be more honored than to be associated with this team and its great coaches."
"This gift represents the exceptional generosity of Stanford's loyal supporters," said Johnny Dawkins, the Anne and Tony Joseph Director of Men's Basketball. "We are extremely grateful for this endowment of one of our assistant coaching positions. Jim Gaither has given decades of service to Stanford, and we are honored to have a position on our staff associated with his name."
Schrage, who will enter his fifth season as an assistant coach with the Cardinal, is involved with all aspects of coaching and scouting, while serving as the program's recruiting coordinator. Schrage is the only current coach to have worked for two of the sport's winningest all-time coaches in Mike Krzyzewski and Bob Knight.
Schrage previously spent the last nine seasons as a member of the Duke coaching staff, most recently serving as the program's director of basketball operations from 2002-08. Schrage also served as the program's academic and recruiting coordinator from 1999-2002. In addition, Schrage was a four-year student manager at Indiana from 1994-98 under Knight. After graduating from Indiana with a B.S. in kinesiology in 1998, Schrage was an administrative assistant at Mississippi in 1998-99.
Schrage also served as the video coordinator for the USA Basketball Senior National Team staff at the 2006 World Championship games in Japan. In 1996, he worked with the U.S. Olympic Basketball Team as a member of its support staff.
The gift marks the fifth new coaching endowment of the academic year for Stanford. Since September 1, head coaching positions in women's golf, women's water polo, and men's water polo have been endowed. The football offensive coordinator position was also endowed this year, bringing Stanford's named coaching endowment total to 15.