I hope those endowments were made with a clause that said "If Stanford drops its competitive volleyball team, the remaining moneys will be distributed immediately to ..<charities other than Stanford University>". I don't like the idea that the University could again cut a program and have money intended for that sport to be instead go to some official's bottom line.
NOTE: The link posted is about MVB. The initial (current, as I write this) title indicates "MBB" which I suspect is a typo.
NOTE: The link posted is about MVB. The initial (current, as I write this) title indicates "MBB" which I suspect is a typo.
