Re: So you want to start up a D1 team
You're pretty seriously underestimating the size of the endowment that would be needed to fund a hockey program. Most endowments only disburse ~5% of the endowment each year, so a $200k hockey program (definitely on the light end when you include the coachs' salaries) would require a $4M endowment, not $25k. With the 5% rule, a $25k endowment would yield $1250 per year, which will buy you about 6 hockey sticks.I have kicked that idea out before. Get College Hockey Inc. to get all the alumni groups of all the various college hockey teams together so that they can pool their money together to start up endowments for at other schools where Hockey would be a good fit at. Basically, if everybody just pooled together just one percent of all the money that the booster clubs give to their schools, like Maine, Michigan, Minnesota, Denver, BC, ect.... That would be more than enough money to start up an endowment at about any school where College Hockey would be a natural fit at. So, you give a school like say Syracuse a $25,000 endowment for the developement and funding of a College Hockey program, and I would write it so that it could be for both men's and women's hockey as well. You then give some of the smaller backers of the idea at the school there a place to put their money where their mouths are at. And College Hockey Inc. could help to work with any groups there to help them drum up support, perhaps even kicking in $2000 every year if they can at least get $5000 into it. Until the school athletic department get serious about it, they can't touch that money, so the pot will just grow and grow. Sooner or later you do that at enough schools long enough, schools would be looking at that pot and have a good little nest egg to hopefully fund a program for a bit until it gets its legs under them.