[chrisk]

Assuming a 5% payout, to fully endow the House settlement payments you’d need a $400 million endowment, so this will be a substantial help, but this will put out about $2.5 million a year for House payments.

I wonder if this will fund the Bradford Freeman Quarterback.

BC

This commitment sounds more like a pledge that will be paid out as expended. No reason to pay 8% tax on several million dollars per year in earnings. Freeman may be able to do better if he holds onto it.

I would think that the hope would be that this donation can provide significant funding in the early years while the fundraising ramps up and works toward more broad-based support as the program improves.

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frontofficesports.com gives Stanford Football one of its up arrows today.

Stanford football ⬆ The program has received a $50 million gift from former trustee Bradford M. Freeman, who played for the Cardinal in the 1960s and went on to become a successful financial investor and political fundraiser. Led by GM Andrew Luck and interim coach Frank Reich, Stanford is currently 2–3 this season and plays at SMU on Saturday.

[chrisk]

Assuming a 5% payout, to fully endow the House settlement payments you’d need a $400 million endowment, so this will be a substantial help, but this will put out about $2.5 million a year for House payments.

I wonder if this will fund the Bradford Freeman Quarterback.

BC

This commitment sounds more like a pledge that will be paid out as expended. No reason to pay 8% tax on several million dollars per year in earnings. Freeman may be able to do better if he holds onto it.

I would think that the hope would be that this donation can provide significant funding in the early years while the fundraising ramps up and works toward more broad-based support as the program improves.

---

frontofficesports.com gives Stanford Football one of its up arrows today.

Stanford football ⬆ The program has received a $50 million gift from former trustee Bradford M. Freeman, who played for the Cardinal in the 1960s and went on to become a successful financial investor and political fundraiser. Led by GM Andrew Luck and interim coach Frank Reich, Stanford is currently 2–3 this season and plays at SMU on Saturday.