18, 2002 The Virginia Student
Aid Foundation announced today that the organization has changed
its name to the Virginia Athletics Foundation and has expanded its
mission to include all fund-raising activities for the University
of Virginias Department
of Intercollegiate Athletics. Since 1948, the VSAF, through
its contributors, has raised all the grant-in-aid money for Virginias
student-athletes. While the Foundation will continue to be the sole
source of scholarship funds for the department, its role will expand
to include providing the resources to support the daily operation
of the department and to fund future capital projects.
is an exciting time for our organization and the entire athletics
department, said Virginia Athletics Foundation Executive Director
Dirk Katstra. The goal of the Foundation is to make this universitys
athletics program one of the most successful and respected in the
nation, without compromising Virginias academic tradition.
We will accomplish this by providing maximum opportunities for our
student-athletes and creating an outstanding environment that facilitates
Virginia Athletics Foundation, through the generous contributions
of over 7,500 donors, has raised in excess of $9.3 million for its
2002 Annual Campaign. The Foundation currently provides scholarship
assistance to 439 student-athletes in 25 sports. By the beginning
of the 2005-2006 academic year, the Foundation has committed to
fully-fund all NCAA allowable athletic scholarships in each sport.
addition to its annual campaign efforts, the Foundation has raised
over $500,000 for its endowment, currently valued at $34 million.
In support of capital projects, $4.6 million has been raised for
the new state-of-the-art baseball stadium and over $53 million in
commitments have been received for the multi-purpose arena facility.
University of Virginia has long demonstrated a standard of excellence,
and through the support of the Virginia Athletics Foundation, the
athletics department continues to be a bearer of that standard,
said Craig Littlepage, director of Athletics. It is our vision
that the University of Virginia will become a top performing athletics
program nationally. We are already on the path to reaching this
vision. Ultimately, achieving our vision and goals will require
the hard work and commitment of all of our student-athletes, coaches,
faculty and staff, supporters, alumni, and friends.
of the highly competitive Atlantic Coast Conference, the University
of Virginia fields 25 intercollegiate teams for men and women. Virginia
ranked 27th in the nation in the final 2001-2002 Sears Directors
Cup standings, which rank the overall success of Division I athletic
programs in the top 20 sports. Virginia has finished in the Top
30 each year in the eight-year history of the Sears Directors