Good news.
At its recent meeting, the National Gymnastics Foundation allocated up to $300,000 during a three-year period to be devoted to strengthening men’s and women’s collegiate gymnastics at the varsity level. …
The NGF Board identified three objectives for this effort: to support the growth of men’s and women’s NCAA varsity programs; to assist endowment initiatives at men’s and women’s NCAA varsity programs; and to provide grants for NCAA gymnastics programs as requested from either the NCAA or its member institutions. …
What is the National Gymnastics Foundation?
The National Gymnastics Foundation was created by the organization’s leadership from the financial windfall distribution from the 1984 Olympic Games in Los Angeles. Proceeds totaling $1.4 million from the 1984 Olympics were used to establish the Foundation, a 501(c)(3) charitable organization. Currently, the holdings of the NGF exceed $11 million.
In addition to (Robert) Wood, the members of the NGF Board of Directors are: Rita Brown, George Drew, Nastia Liukin, Jeff Metzger, Dominick Minicucci, Bruno Klaus, Conrad Voorsanger and Sallie Weaver.
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