Since its inception in 1991, the purpose has changed as Board members have rotated, and Association and schools' needs have changed with the times. Initially, the intent was to provide funds for the NCHSAA to underwrite special events, championship events, and other programs and services for member schools if funds were not available through corporate support.
In light of a healthy corporate program, including Host City Partners, the Board initiated distribution of funds in 2000/01 to all member schools for interest income generated. Reimbursements were calculated based on the number of student-athletes at each respective school. Between 2000/01 and 2007/08, a total of $670,000 was distributed accordingly to NCHSAA member schools.
Interest income uses have varied. Between 1994/95 and 1998/99, the board approved a total of $215,000 to underwrite Olympic Sports championship events. The funds were utilized to offset expenses related to championship events for volleyball, men's and women's tennis, men's and women's basketball, track & field, swimming, football, wrestling, men's and women's golf, as well as a non-sports event, the Hall of Fame Banquet. Also, in 2007/08, slightly over $45,000 was designated to cover football-related expenses due to loss of funding in the Winston-Salem community.
Numerous scholarship and coach awards were established beginning in the 2005/06 school year through various campaign efforts. The annually distributed scholarships were established to benefit young men and women as they continue their education beyond the secondary level.
Charlie Adams Endowed Scholarship
Clary Medal Award
Jerry McGee Endowed Scholarship
Pat Gainey Student-Athlete Scholarship Award
Tony Cullen Memorial Scholarship
NCHSAA Lacrosse Scholarship
Willie Bradshaw Memorial Endowed Scholarship
NCHSAA Cheerleading Scholarship
Please click here for more information and applications for these NCHSAA Endowed Scholarships.
AED Placement Project
In 2004-2006, the NCHSAA undertook a project to offer AED (automated external defibrillator) units to member schools in need. Over 100 units were placed due to the NCHSAA AED Placement Project at the cost of about $150,000 - funded by Board designated funds from the NCHSAA Endowment Fund.
The Toby Webb 'Outstanding Coach' Award was established in honor of the legendary Coach Toby Webb.
In 2011 the Board of Directors approved that 25% of the dollar surcharge funds collected on each playoff game ticket would be distributed to the membership at year-end for a four-year period (2010-22, 2011-12, 2012-13, 2013-14). At the 2012 winter Board of Directors Meeting, the Board approved increasing this percentage from 25% to 35%, which is the current distribution percentage.
At the spring 2012 Board of Directors meeting, additional methods to provide funding back to member schools were approved. This included: fifty-percent of the annual operating budget overage (if applicable) plus a percentage of investment earnings with distributions based upon bracketed sports travel and shares earned by the host team versus the traveling team.
In spring 2015, the Board approved the distribution of a percentage of interest earnings from general association investments via a formula including free and reduced lunch data.
In 2019-20, an NCHSAA Education-based grant program was initiated, and over $120,000 was awarded to schools who applied and met the established criteria.
Most recently, in winter 2020, a $4 million subsidy was approved to be distributed (from unrestricted endowment fund earnings) between member schools in light of the pandemic's adverse effects on local high school athletic budgets and restrictions on spectator numbers per NC government agencies. The NCHSAA Board of Directors and staff continue to seek ways in which the Association can assist member schools' athletic programs.