THE ROWING ASSOCIATION LAUNCHES TWO NEW FUNDS

Expands Development Team for Fall Fundraise

In the continued drive to Strengthen, Secure, and Deliver Something Bigger for Stanford Rowing, The Rowing Association is excited to announce the establishment of two new funds.

With the ongoing economic turmoil of college athletics, it remains in our best interest to take charge of strengthening and securing Stanford Rowing’s financial future. Thanks to the support of our Community, the University has added $14M+ in Rowing endowments in the last 3 years. We continue to work with the University to secure endowment against their priorities.

We have also worked with the University to expand coaching and support staff while gaining incremental budget support for the teams. By fundraising to fill the new funds, we will secure those budgets and support staff.

Assistant Coaches’ Support Fund. This Fund will be an endowment that sits within The Rowing Association and provides incremental work opportunities that assistant coaches can apply for. Assistant Coaches’ Support Fund Goal $3M.

Stanford Rowing Equipment Fund. This fund will be an endowment that sits within The University and will support the annual equipment needs of all three teams. It will also designate a cadence of new racing shells so that coaches are able to enter a season knowing they have their equipment needs funded. Equipment Fund Goal $3M.

The Rowing Association has added to our Development Team, begun a Women’s Rowing–Specific Development Team, and added a Parents’ Development Team. You can expect an invitation to jump on an era, class, or Parent call this fall and we hope you are able to join!