Leaving a legacy at the University of Toledo is something many alumni and fans want to support, but often times, do not know how to initiate. Without some action on your part, your annual support will conclude at the end of your life. However, your support of the Rockets does not have to end. The Rocket Fund Legacy Society provides all Rocket supporters the opportunity to ensure their giving continues in perpetuity.
The Rocket Fund is the official annual giving program of the University of Toledo Athletic department, and is vital to the success of our student-athletes and coaches. This support helps to fund scholarships, academic assistance, team travel and equipment needs, and many other priorities for the nearly 400 student-athletes participating in 16 Division I varsity sports at the University of Toledo. As we build on our success and plan for the future, it is imperative that we establish a Rocket Fund endowment that supports our student-athletes in perpetuity.
Here is how the program works: The Athletic Department can use 4% of the Rocket Fund endowment annually to address the Department’s top priorities. Any investment gains in the endowment above the 4% are added to the principle amount each year to ensure the endowment remains in perpetuity. For example, if your current annual Rocket Fund gift is $1,000, multiply it by 25, and $25,000 is the amount needed in the Rocket Fund endowment to generate your current annual gift forever.
If you have any questions, please do not hesitate to reach out to us here in the development office. For more information on becoming a member of the Rocket Fund Legacy Society call 419-530-4183.
*Gifts to the Rocket Fund Legacy Society over $10,000 will be recognized on our Rocket Fund Legacy Society Walls in Savage Arena and the Glass Bowl. All Society members will be recognized on the video board during games and at Savage Arena.
**Rocket Fund Legacy Society gifts require a minimum of $2,500 ($100 multiplied by 4%).