LA Tech Athletics marks fundraising growth in FY22

As LA Tech grew in fundraising dollars in FYE22, the next big facilities project is the construction of the new academic success center which will be located in the north endzone of Joe Aillet Stadium.

Courtesy of LA Tech Athletics Communications

 

Many academic and athletic achievements for Louisiana Tech Athletics, including three Conference USA championships and a record number of student-athletes recognized on the Commissioner’s Academic Honor Roll, served as highlights for the 2021-22 academic year.

The success that LA Tech student-athletes continue to experience in the classroom and in competition are made possible through Championship Resources provided by loyal Louisiana Tech alumni and fans. This support is evident in the growth of philanthropic giving for the fiscal year ending June 30, 2022 (FY22).

Tech Athletics totaled $5.6M in total dollars received to athletics fundraising, the highest since FY17, with the exception of disaster relief efforts.

The Louisiana Tech Athletic Club (LTAC) exceeded $1.53 million in commitments in FY22; this total is its highest since prior to the COVID-19 pandemic, and marks the first time surpassing $1.5 million since the 2018-19 academic year. In addition, the average LTAC gift increased by 20 percent from FY21 to FY22.

“We always strive to be better than the previous year in all areas of our department,” said Dr. Eric Wood, Vice President and Director of Athletics. “I am proud of the growth we have experienced in LTAC in my first year and a half as Athletics Director.

“Our fans and alumni continue to answer the call in giving to our athletic programs. We are so appreciative of that, but we will not get complacent. Our staff will continue to work tirelessly to tell our story and provide a great donor experience with a goal of reaching $2 million annually in the near future.”

Support for women’s athletics also grew significantly in the past year. Women’s Basketball, Softball, Bowling, and Volleyball each saw a substantial increase in private support. In the past year, Louisiana Tech Athletics received commitments to fund new lockers for Women’s Basketball, new uniforms and a batting cage for Softball, and new state-of-the-art string pin machines and lighting system for the Bowling facility in the Lambright Sports and Wellness Center.

“We recently celebrated 50 years of Title IX. That anniversary serves as a great reminder of how far we have come in regards to women’s athletics,” Wood said. “But it’s never enough. We will continue to be intentional about securing the Championship Resources necessary for our women’s sports to continue to compete at a high level. I am proud of the increased level of support for our women’s teams over the past year.”

Tech Athletics staff have shown their own philanthropic support in the past year. Giving among full-time employees reached 100 percent participation for the second year in a row.

 “It is important that our own staff be committed to supporting the mission,” Wood said. “By being 100 percent bought in, it allows our team to be authentic and project more confidence when we are out asking our alumni and fans to come alongside us in financially supporting our athletic programs. I am proud that we have accomplished this level of commitment for the second straight year.”

As the push for a new north end zone Athletics Academic Center progresses, support for the project totaled over $1 million in total dollars received in FY22.

“We are thankful for the leadership of those who have made commitments to the Athletics Academic Center,” said Brooks Hull, Vice President and CEO of the Louisiana Tech University Foundation.  “This is a project that we are very passionate about, and it will impact the lives of student-athletes from all 16 of our sports programs for many years to come. The time spent in this facility will prepare current and future Louisiana Tech student-athletes for life after sport.”

The $15 million project is scheduled to be completed by Fall 2025. About $4 million in private support is needed to fully fund the project.


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