Support the Future of Recreational Sports

Endowments

What are the current NIRSA Foundation Endowments?

The Region VI SoCal Scramble Endowment, begun in 1997, was the first NIRSA Foundation Endowment. Endowments have now grown to include the William Wasson Endowment, the Will Holsberry Endowment, the Sonia and Max Gartenberg Endowment, the Presidents' Endowment, the Anthony "Tony" J. Chivetta Endowment, the Texas Endowment, the Founder's Endowment and the Region V Endowment.

What is an endowment?

An endowment is an investment of funds so that those funds may earn interest. The endowment or principal is never spent and investment income earned from funds within the endowment is used to fund the endowment’s goals.

How much funding does it take to fund a NIRSA Foundation Endowment?

The current minimum amount to establish a NIRSA endowment is $15,000. Once an individual or group indicates an interest in developing an Endowment, they have three years to attain the minimum amount.

What then?

The funds are invested and income from the investments is used to provide scholarships for students and professionals to attend the NIRSA Annual Conference and Recreational Sports Exposition and/or a NIRSA sponsored specialty symposia in accordance with the wishes of those developing the endowment.

How can I obtain more information about a NIRSA Foundation Endowment?

Contact any of the NIRSA Foundation Board members to discuss the specifics of establishing an endowment.