Annual Gifts
The Buck/Cardinal Club
The Buck/Cardinal Club has been an invaluable resource for the Stanford athletic department since the club was established in 1934. Originally set up exclusively as a scholarship fund, the Buck/Cardinal Club has broadened its purpose to include programmatic support for student-athletes. Annual gifts support all 36 varsity sports and more than 800 scholar-athletes.
Buck/Cardinal Champions Fund
The Champions Fund was established for gifts designated for priority seating in Stanford Stadium and Maples Pavilion. Annual donors of $500 or more may have access to priority seats for football. Annual donors of $250 may have access to priority seats for men's basket ball. These gifts are 80% tax deductible. Other Opportunities
Coaching Endowments
Coaching endowments make it possible to offer competitive compensation packages. The payout from these funds is used to help pay the salaries of coaches and program directors. This eases the burden on the athletic department's annual operating budget and ensures the longevity of specific programs by providing coaches' salaries in perpetuity. The ability to offer prospective coaches an endowed position is a powerful recruiting and retention resource. A coaching endowment is a source of pride and prestige for the coach, and individuals who establish these endowments often develop unique friendships with the recipients and their programs.
Program Endowments
A program endowment is an endowed fund established to meet a specific programmatic need of a varsity sport in perpetuity. Program endowments produce a permanent stream of income for a defined purpose and allow the sports they benefit to rely less on annual budgetary support from the Buck/Cardinal Club and the athletic department. The athletic department aims to establish program endowments for every varsity sport.
Coaches' Housing Fund
Many of Stanford's head and assistant coaches struggle to enter the increasingly expensive Bay Area housing market. In an effort to maintain continuity and excellence in its coaching staff, the athletic department has established a coaches' housing fund. This fund will make possible the purchase and construction of single-family homes, condominiums, and town homes, which will be made available to coaches at affordable prices. By ensuring that its coaches can secure appropriate housing in the Stanford vicinity, the Cardinal will be able to recruit and retain the nation's best.
Facilities
Stanford Athletics has always made facilities a priority in building its programs and planning for the future. It takes first-class facilities to produce a first-class athletic program. In the increasingly competitive world of intercollegiate sports, state-of-the-art facilities are necessary for student-athletes to keep their competitive edge. Facilities also play a major role in drawing new talent to a program. Recruiting is significantly more successful when coaches can offer prospective student-athletes first-rate facilities that feature the latest innovations in technology and safety.
The DAPER Investment Fund
In 1982, under the leadership of alumnus Frank Lodato, a group of 33 initial investors created the DAPER Investment Fund with gifts of cash, marketable securities, and real estate partnership interests. Today the DAPER Investment Fund provides an invaluable source of unrestricted dollars, supporting both annual projects, such as the Stanford Athletic Hall of Fame Dinner, and one-time projects, such as Boyd & Jill Smith Family Stadium, the Cobb Track bleachers, and Stanford Stadium renovation.
To learn more about any of the gift opportunities above, please contact a member of the athletic development staff.
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