Virginia Tech Secures a Record $75 Million Gift to Bolster Athletics and Honors College

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Source: Virginia Tech Athletics
Virginia Tech Secures a Record $75 Million Gift to Bolster Athletics and Honors College
Photo: Virginia Tech Athletics
TL;DR Summary

Virginia Tech announced a record $75 million commitment—the largest in its history—from a four-generation Hokie family, largely directed to athletics via the Invest to Win initiative and to the Honors College through the Calhoun Honors Discovery Program. Most of the athletic funds are endowed to provide a permanent funding stream, with the remainder for current use, and part of the gift supports Hokie Ventures, a nonprofit created to assist athletics. The gift signals strong momentum for the university amid leadership transitions and ongoing efforts to boost competitiveness and educational innovation.

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