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Endowments

Making an endowment gift is a very meaningful and lasting way to make a difference in the lives of current and future generations of Chattanooga Mocs. While most endowments are created to provide scholarships, endowments can also support operational expenses, provide funding for a coaching or administrative position, or otherwise enhance the financial strength of UTC Athletics. Scholarships and other endowments can be established at a variety of levels and be restricted by sport. Gifts to establish endowments can be given outright, pledged over as many as five years, or made through a variety of planned and estate giving options.


TYPES OF ENDOWMENTS

Full Foundation Student-Athlete Scholarship Endowment $500,000
Allows a donor to fully endow a scholarship for a specific position on the UTC team of 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. Additionally, this Foundation Scholarship bears the donor's name and associates the donor with a former letter winner and current student-athlete. This gift is preferably payable over five years at $100,000/year although up to 10 years are allowed.


In-State Foundation Student-Athlete Scholarship Endowment $300,000
Allows a donor to designate a scholarship for a specific UTC team of choice. Associated earnings will cover the Tennessee In-State full-scholarship cost for a 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. Additionally, this Foundation Scholarship bears the donor's name and associates the donor with a former letter winner and current student-athlete. This gift is preferably payable over six years at $50,000/year although up to 10 years are allowed.


Naming a Scholarship $25,000
Allows a donor to create and name a scholarship for a UTC team of choice. Associated earnings will help underwrite the tuition cost for a 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. While the minimum endowment threshold is being met, the growing principal shall be placed in a designated UC Foundation account. The first award from this endowment shall not occur until one year after the minimum threshold has been met in full. This gift is preferably payable over five years at $5,000/year.


Endowed Head Coaching Positions $ 2 Million
Allows a donor to name a head coaching or administrative position for a specific employment role within the UTC Athletics Department. Associated earnings will underwrite salary, benefits and auxiliary compensation for the designated position. 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 ten years at $200,000/year.


Current Endowments and Recipients List 

 

 

2013-14 Mary Tinkler Scholarship Application

To be eligible for the Mary Tinkler Scholarship, one of the applicants' parents must have played football or basketball at UTC and the applicant must be enrolled full-time at UTC for the upcoming year.


Endowments are generally provided to and managed by the University of Chattanooga Foundation, Inc. For more information about endowment spending rates, investment practices and working with the UC Foundation, please contact Andrew Horton by phone at (423) 425-5285 or via email.