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re: Funny Post From TCU Message Board

Posted on 11/15/12 at 3:31 pm to
Posted by CtotheVrzrbck
WeWaCo
Member since Dec 2007
37538 posts
Posted on 11/15/12 at 3:31 pm to
The one place where funds from the endowment can find their way into the Ath. Dept is the scholarships. Many of the scholly's on athletic teams are sold to donors as an endowed scholarship, that when they donate $50K to the foundation the proceeds off the interest go to the ath. dept. to fund a WR, or a OL, or a Frosh. scholly.
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