Endowment Campaign

Thanks to our donors we have the luxury of a great facility and horses, making Virginia Polo the premier collegiate polo program in the country, but the program does not yet enjoy financial security. Our goal is to be self-sustaining on an annual basis through a fully-funded endowment.

Virginia Polo, Inc. has a $300,000 annual operating budget. In keeping with our mission of making polo affordable, each student member pays dues of only $1,500 per year, while the actual cost per student is $8,000 per year. The majority of the funds needed to run the program come from Annual Fund contributions from alumni, parents, grandparents and friends of the program. When contributions do not meet our budget, the program must use funds from savings.

In the spring of 2005, the Virginia Polo Board voted to conduct an endowment campaign. The primary purpose of the campaign is having an endowment, the annual income from which will be used to support Virginia Polo's programs and facilities. The goal for the campaign was initially set at $4 million, and was raised to $4.6 million at the Board's spring 2007 meeting to fund a much needed Assistant Manager/Coach position. The entire Board supports the Endowment Campaign conceptually and financially.

Throughout our nearly 70 years, all student polo has been subsidized by Virginia Polo supporters. If each family simply contributed their subsidy ($7,000/yr x 4 years = $28,000), we would easily reach our goal.

Fund Committee
Nick Barry, Chair
Daniel W. Colhoun, Jr.

Donations are tax-deductible. Deferred pledges are accepted.

THANK YOU to our Endowment Supporters