The Virginia Athletics Foundation funds the entire cost of UVA's 316.6 athletics scholarships through a combination of donations to the Annual Fund and endowment distributions. These costs will continue to rise and are among the reasons why Virginia Athletics launched the first phase of its All In For Excellence fundraising initiative.
A major goal of the University of Virginia athletics department is to endow all 316.6 scholarships allowed by the NCAA. An endowment gift is one of the most powerful gifts a donor can make to the athletics program. These gifts provide a lasting source of support for Virginia Athletics.
As part of the Virginia Athletics Foundation Annual Fund, donors can allocate gifts to support the operational and scholarship budgets of specific Olympic sports through the Friends Of program. In addition to this program, VAF has started Coaches 10 programs which are designed to enhance operational budget support and to meet specific programmatic needs.