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 use 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, a total of $215,000 was approved by the Board 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. In addition, in 2007/08, due, due to loss of funding in the Winston-Salem community, slightly over $45,000 was designated to cover football-related expenses.
More recently, through various campaign efforts, numerous scholarships have been established to benefit young men and women annually 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 as a result of the NCHSAA AED Placement Project at a 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.