Significant progress has been made in the campaign in the following areas:
- Creation and expansion of the Football Enhancement Fund
- Realization of the “Drive for 25” initiative
- Creation of the “Team F1rst” and “Front Court” groups in favor of men’s football and basketball
- Major Progress on Cassell Coliseum Renovation Project
- Exponential growth in sport-specific fundraising
- Hokie Scholarship Fund Funding and Block Endowment Increase for Nearly 600 Student-Athletes
MAKE A PRESENT
“Athletics plays a huge role at Virginia Tech, enhancing the student experience, the local economy and the university’s national image,” said Virginia Tech President Tim Sands. “I am incredibly proud of the collective effort of the Hokies around the world to propel our athletic department budget into the top third of the ACC. I know this vision can be achieved if we stay on this trajectory with the help from our Virginia Tech alumni, fans, and friends.”
The global Reach for Excellence campaign was launched as the largest campaign ever for Hokies athletics. The campaign is set to end in December 2027 to coincide with the completion of Boundless Impact.
“We launched the Reach for Excellence campaign with the goal of cementing Virginia Tech Athletics at the forefront of the ACC and ensuring our student-athletes have a world-class educational and competitive experience in Blacksburg,” said Whit Babcock, sports director. “I am absolutely encouraged by the progress Hokie Nation has made for this initiative, and I know they can help us continue to provide the resources needed to achieve the greatest fundraising effort for athletics in the nation. history of this school. We are grateful for the alignment within Virginia Tech, including the necessary support and commitment from President Sands and Charlie Phlegar.”
“Our athletics programs are a vital part of the enduring Hokie spirit that keeps our alumni and donors engaged, as well as a key economic driver for the region, with home football games alone generating up to $100. million dollars of economic activity,” the vice president said. for Advancement Charlie Phlegar. “We set out to build a top-notch partnership between the Athletics and Advancement Division, where we are fully aligned and committed to leveraging our strengths, and the continued success of Reach for Excellence is testament to this. We are immensely grateful to every donor who has come forward with a donation of any amount.The Hokie Nation rises to the occasion.
Football Improvement Fund
As part of the Football Enhancement pillar of the campaign, “Team F1rst” was created through a collaborative effort between the Hokie Club, Virginia Tech Athletics and University Advancement. This group of dedicated philanthropic donors has contributed greatly to the allocation of funds to Virginia Tech Football’s operating budget in hopes of directing that budget to the top of the ACC. The significant donations provided by Team F1rst have significantly increased the resources needed for assistant coach salaries, recruiting, player development, coaching quality control, and capital improvements to the football program.
“On behalf of our entire football team and staff, we are so grateful to have such a passionate group of donors supporting us,” said the Virginia Tech Football head coach. Brent Pry mentioned. “Coach Beamer has always liked to say ‘we’re all in this together’ and he’s right. There’s a lot of work to be done, but we’re all in this together as Hokies. I look forward to seeing you see at Lane Stadium this season.”
Substantial progress has been made in improving football facilities during the Reach for Excellence campaign. Since launching the campaign, Virginia Tech Football has improved its strength and conditioning area, built new player meeting rooms, unveiled the Sanghani Player Lounge and now plans to rebuild the locker room thanks to a recent $5 million commitment. dollars from Win Sheridan. Alumni engagement is also growing at an encouraging rate, including significant pledges from Bruce Arians and the Fuller family.
Sport Specific Fundraising
Virginia Tech Athletics and the Hokie Club have designed strategic efforts to complement the operational needs of all sports. Since the launch of Reach for Excellence, the Hokie Club has created a position strictly dedicated to achieving the sport-specific pillar of the campaign. Sports-specific fundraising initiatives were launched during the year, including the “Triumph Together” campaign and the creation of a year-round crowdfunding page for each of Virginia Tech’s varsity sports. During the 48 hours of University Giving Day, Virginia Tech Athletics received more than $1.1 million in sports-specific fundraising.
Similar to the Team F1rst group for football, the “Front Court” group was created to provide extensive operational support to the men’s basketball program. This group of dedicated donors helps provide the resources needed to improve facilities, recruit and strengthen the operating budget to make Tech competitive in the ACC and nationally.
Capital improvements were promised during the campaign. A generous anonymous contribution enabled Virginia Tech Baseball to pave the way for a new pitching facility to develop student-athletes. Current promises have been made to make improvements to the men’s and women’s basketball locker rooms.
Hokie fans and supporters are encouraged to give however they can to any of our 22 sports to which they feel connected to support their operational budgets and other needs, both through major gift commitments and annual donations.
Click the button below to learn more about sport-specific donation support.
Renovation of the Cassell Colosseum
The Hokie Club and Virginia Tech Athletics have made significant progress in seeking funding for the ambitious Cassell Coliseum renovation project. Major Gifts officials have received multiple pledges for the $75 million project, with the goal of making Cassell one of the ACC’s premier sites. These donations will go toward various arena renovations, including a redesigned entrance on Washington Street, expanded lobbies, and new luxury seating areas including suites and club seating. The momentum is there to meet the fundraising goal to give Cassell Coliseum a well-deserved complete renovation.
If you would like to help Cassell Coliseum become a top venue, click the button below.
Growth in fundraising for scholarships
The scholarship endowment is also growing at an encouraging rate for Virginia Tech student-athletes. As of the end of the 2022 driving year, March 31, 2022, the Hokie Scholarship Fund had totaled over $17 million in annual donations. In addition to annual giving, Virginia Tech Athletics has a scholarship endowment of just over $70 million. Virginia Tech will continue to seek donations of $100,000 or more to provide the resources needed to enable additional scholarships.
Click the button below if you would like to learn more about supporting student-athletes through an endowed scholarship.