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UConn Foundation Ready to Help>

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GemParty

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If I'm correct per our poll, many Yarders want to have an Impact on the New practice facility. Our Numbers $$$ have been creeping up. Even a few Larger donors have stepped up. I've read some company match talk. You don't want to stall or lose momentum. If we could decide by majority decision, I think the Foundation would safely usher in our pledges. Create a donation page, maybe linked to the Yard and/or social media. Maybe get a second burst of dollars if we select a giving route. Why don't we pick a day and have a Chat session with them on the Yard? Let's establish a personal contact there. Ask any questions you have that day. Below is a copy from within the Gift thread about what they offer.

As fans, we want to be closer to the program. Giving is never about the benefits, but there might be some perks for different levels or the group as a whole? I know riders/donors from the JC walk, often attend practices & get tours. I've attended a few, myself. There's even a VIP dining Q&A with coaches -Oct 3rd downtown Hartford. We would need more input from the Foundation. What do u think- mods?

We’ve been reading this post, and really are happy to see people banding together to honor Coach. First of all, thank you. I'm not saying what you folks are doing is unprecedented, but not many other examples like this come to mind, and the pledged results so far are great. Do not minimize your effort, or what you're capable of.

If the group decides that a gift through the Foundation to support either the Basketball Development Center or the Pat and Jim Calhoun Cardiology Center is what you’d like to do (and we COMPLETELY understand there are other options being considered), we’d like you to know some things that may influence your decision-making.

We realize that the naming levels on the Basketball Development Center website start at $250,000 and that is likely out of reach for you, even as a group. But we’ve discussed it internally, and would like you to know that you could sponsor a player’s locker with a group gift of $25,000. It would have wording on it honoring coach (that we’d work with you on), should you choose to go that route. Funds raised for that would go to support the Basketball Development Center.

Should you decide to direct your gift toward the Pat and Jim Calhoun Cardiology Center at the UConn Health Center, there are some other options. For example, with a group gift of $25,000, you could help provide for (and name) a cardio-pulmonary bypass pump for minimally invasive valve replacement surgery. You could also name an exam room within the heart station clinic, and there may be other room-naming options available too.

With either option, we must point out in advance that all naming opportunities at the University of Connecticut are subject to approval by the Board of Trustees.

Now, we know a goal of $25,000 is a far cry from where you are now, $5,100. But, honestly, it doesn't seem out of reach. We also wanted to point out that, while some employers do NOT match gifts to athletic facilities (others may, though!), most employers with matching gift policies DO match gifts to something like the cardiology center, and that would count toward the “total” amount raised by the group. You would have to check with your own employers, etc. A good resource is: http://www.matchinggifts.com/uconn/ but it's always prudent to also ask the question at your HR Department.

If you decide to go with either route, we’d be happy to create an online giving page just for your effort, with social media sharing, and we probably could count the gifts that have already been made from links on other Boneyard threads through the exiting Calhoun honor page, assuming they were for the same purpose, of course.

Unlike things like Kickstarter, etc. if you didn’t reach your goal of, say, $25,000, with us, you still would have raised an incredible amount that would go to the respective purpose. With Kickstarter and things like it, projects are typically only funded if they reach goal.

We remain interested in talking to you all, when you coalesce around your idea. Thanks again for considering support of UConn in honor of Coach’s remarkable career. Stay in touch and ask questions if you have them. E-mail is campaign@foundation.uconn.edu
 

Dogbreath2U

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  • Would donations to the Foundation be tax deductible, even for the locker?
  • I like the locker idea with the dedication, myself. Would that be agreeable?
  • I saw Aetna is a matching company. It seems like we have members who work there.
 

GemParty

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All good questions, I have no idea about. We need the Foundations help, to carry this over the finish line. Plus a good deal of pledges specified it Must go thru them anyhow.
 
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The UConn Foundation wants money. They want money to use how they see fit.

They are NOT interested in our plans.

Nothing wrong with that, it's their jobs,....but...I wouldn't call it help.
 
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  • Would donations to the Foundation be tax deductible, even for the locker?
  • I like the locker idea with the dedication, myself. Would that be agreeable?
  • I saw Aetna is a matching company. It seems like we have members who work there.


I'm not an accountant but I'm 99% sure any charitable donation is tax deductible.
 

GemParty

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The UConn Foundation wants money. They want money to use how they see fit.

They are NOT interested in our plans.

Nothing wrong with that, it's their jobs,....but...I wouldn't call it help.
A strong portion of the Donors, have indicated they will give ONLY thru the Foundation. So what's the hold up with getting them involved for Q/A as an option. Or are we still considering a kayak?
 

Fishy

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I don't think a chat session is a particularly good idea.

I think someone who's familiar with such things should be chosen as the pointy end of the spear. And then let that person find out what and where the best opportunities to contribute are. Too many chiefs and not enough indians is a sure bet for a continuing muddle.
 

Mr. Wonderful

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Someone has to make a decision. It was Deepster's idea, if he doesn't make the decision, he should choose who will.
 

Fishy

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By the time Deep is done with UConn, they'll be selling us naming rights for $7,500.
 

jleves

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At this point, I'm all for the locker donation - I think it would be pretty cool to have the boneyard on a locker.

We've almost broken 5 figures - Don't stop now!
 
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A strong portion of the Donors, have indicated they will give ONLY thru the Foundation. So what's the hold up with getting them involved for Q/A as an option. Or are we still considering a kayak?

Then they should give to the foundation. I thought we were collecting for a statue. I say hold out for a statue to honor JC. Honoring JC is the purpose of our fund.

The foundation would take our money and put it in the general fund and spend it how they want. That's what they do.
 
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Then they should give to the foundation. I thought we were collecting for a statue. I say hold out for a statue to honor JC. Honoring JC is the purpose of our fund.

The foundation would take our money and put it in the general fund and spend it how they want. That's what they do.


I'm sorry for any confusion. What you wrote is actually untrue. Allow me to explain.

We manage 1,400 funds for the University of Connecticut. They range from the general funds you reference, to very specific scholarships for very specific purposes. If you can imagine a purpose, department, program or part of the University, there's probably a fund related to it.

When they make a donation, the donor chooses where they would like their money to go.

A gift to, say, the cardiology center is directed to the cardiology center fund. A gift to The Fund for UConn (what people think of as the general fund) is directed to that fund. A gift to "The (insert name here) Scholarship Fund" is directed to that scholarship fund. (UPDATED: I should have mentioned that we do have a Fees policy, and you can find that here. The basic point I was trying to make stands, though. Sorry for the omission, but want to be up-front).

Assuming that you guys are directing gifts toward the basketball development center, it would go to fund #22423, which has the official name of "Basketball Student-Athletes Development Center." Its established purpose is "To raise capital funds for a new basketball practice facility to serve the men's and women's basketball programs."

You can find a great deal of information about us, how we work, what we do, etc. at this page and the ones that are linked from it:
http://www.foundation.uconn.edu/about-the-foundation.html

Happy to answer any specific questions you may have.
 
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I'm sorry for any confusion. What you wrote is actually untrue. Allow me to explain.

We manage 1,400 funds for the University of Connecticut. They range from the general funds you reference, to very specific scholarships for very specific purposes. If you can imagine a purpose, department, program or part of the University, there's probably a fund related to it.

When they make a donation, the donor chooses where they would like their money to go.

A gift to, say, the cardiology center is directed to the cardiology center fund. A gift to The Fund for UConn (what people think of as the general fund) is directed to that fund. A gift to "The (insert name here) Scholarship Fund" is directed to that scholarship fund. (UPDATED: I should have mentioned that we do have a Fees policy, and you can find that here. The basic point I was trying to make stands, though. Sorry for the omission, but want to be up-front).

Assuming that you guys are directing gifts toward the basketball development center, it would go to fund #22423, which has the official name of "Basketball Student-Athletes Development Center." Its established purpose is "To raise capital funds for a new basketball practice facility to serve the men's and women's basketball programs."

You can find a great deal of information about us, how we work, what we do, etc. at this page and the ones that are linked from it:
http://www.foundation.uconn.edu/about-the-foundation.html

Happy to answer any specific questions you may have.

Actually what I said is completely accurate. I know how you work, I have donated consistently for a three decades.

Since the purpose of this fund is to create a thank you for Jim Calhoun. Just lumping it into the facility fund would not accomplish that goal. You have no category that meets this goal.

The idea is a Boneyard tribute.
 
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Actually what I said is completely accurate. I know how you work, I have donated consistently for a three decades.

Since the purpose of this fund is to create a thank you for Jim Calhoun. Just lumping it into the facility fund would not accomplish that goal. You have no category that meets this goal.

The idea is a Boneyard tribute.


We might be talking past each other here.

The group donation to us, if you all decided to go that direction, would be a naming gift in honor of coach through--to use one example I shared--a locker named in his honor. If you as a group decided to honor him through a gift to the Calhoun Cardiology Center instead, you could name something there in his honor. I mentioned a cardio-pulmonary bypass pump, based on a need that was told to me when I inquired.

In either case, the actual dollars donated would go toward the basketball development center fund, or the Calhoun Cardiology Center fund, or whatever other purpose the fund you decide on supports. Not a general fund.

To me, that's a tribute from the Boneyard, but maybe you aren't interpreting it that way (example: only a statue would be a tribute). If I misunderstood you, that's my fault.
 

Fishy

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We have a crack team of specialists that thankfully doesn't include me working on this now - they have some irons in the fire, some plates spinning and some balls in the air.

They'll work out a direction and we can all go from there.
 

8893

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Could we put a Calhoun statue in the locker?
 
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