[JJJ]

[quote author=indiancardinal link=topic=17177.msg197325#msg197325 date=1503045709] This is essential for us to remain competitive for quality coaches. May the golden era of Stanford Football continue for evermore :)

I'm sure this is a stupid question, but exactly how does this help us (i.e., via endowment vs. donations totaling the same $)?  Does this provide each coach with some greater level of certainty re: their compensation (or perhaps some supplement to a "normal" contract)?  I can't imagine that a coach would fear that Stanford's check may bounce, and wouldn't think they'd care if their pay came from an endowment or a traditional budget (understanding that the more money we have, in general, the more competitive we can be in making those offers)?  What am I missing?
[/quote]

I don't have any inside knowledge. I was just inferring from the fuss made with each endowment that: (a) it was a sizeable gift that allowed the "interest" (or whatever annual distribution from whatever it was invested in) would be able to "keep on giving" every year (as opposed to a donation that may not be there next year), and (b) that the coach in the newly-endowed position got to keep some of that additional income. Again, pure speculation on my part.

[JJJ]

[quote author=indiancardinal link=topic=17177.msg197325#msg197325 date=1503045709] This is essential for us to remain competitive for quality coaches. May the golden era of Stanford Football continue for evermore :)

I'm sure this is a stupid question, but exactly how does this help us (i.e., via endowment vs. donations totaling the same $)?  Does this provide each coach with some greater level of certainty re: their compensation (or perhaps some supplement to a "normal" contract)?  I can't imagine that a coach would fear that Stanford's check may bounce, and wouldn't think they'd care if their pay came from an endowment or a traditional budget (understanding that the more money we have, in general, the more competitive we can be in making those offers)?  What am I missing?
[/quote]

I don't have any inside knowledge. I was just inferring from the fuss made with each endowment that: (a) it was a sizeable gift that allowed the "interest" (or whatever annual distribution from whatever it was invested in) would be able to "keep on giving" every year (as opposed to a donation that may not be there next year), and (b) that the coach in the newly-endowed position got to keep some of that additional income. Again, pure speculation on my part.