In appreciation of Dollinger’s generosity, UCLA will honor the Dollinger Family in perpetuity by naming this excellence fund after him. Dollinger, who participated in rugby and lettered in rowing before graduating with honors from UCLA in 1986 with a degree in Economics/Business, will have his name displayed on a plaque in the UCLA Athletics Hall of Fame and will be provided with annual Wooden Athletic Fund recognition/benefits for life based on the interest received from the excellence fund.
"Participating in Intercollegiate Athletics at UCLA helped to make my undergraduate years incredibly fulfilling," said Dollinger, currently a principal of Dollinger Properties, a property development firm headquartered in Redwood City, CA with retail and industrial projects throughout California and Arizona. "I am hopeful that this gift will allow others to enjoy that same experience."
With athletic department expenses projected to reach more than $80 million in 2014, nearly 97 percent of which is the responsibility of the UCLA Athletic Department, it is incumbent upon UCLA Athletics to generate revenue through private donations. An endowed, sustainable and unrestricted support program made possible through the generosity of private donations, along with other revenue such as ticket sales, corporate sponsorships and television rights fees, can be used to further invest in resources that range from coaches to travel and recruiting expenses to facilities.
"On behalf of our staff, coaches and student-athletes, we thank David for taking this tremendous initiative," said Director of Athletics Dan Guerrero. "David has been a leader in the area of real estate development for some time now, so it’s only fitting that he would take a lead role in UCLA Athletics’ Forever Champions Endowment Campaign. The unrestricted dollar is integral in allowing our athletic program to address areas of need and helps us maintain a high standard of excellence – one that has resulted in an unparalleled 110 NCAA Championships and counting."
This transformational gift from Dollinger represents significant support for the Forever Champions Endowment Campaign, an effort to secure $50 million-plus in private philanthropy to advance UCLA Athletics’ academic and competitive priorities. Established just this year, Forever Champions offers donors looking to make a long-term impact on UCLA Athletics’ ability for success the opportunity to establish scholarship endowments, program endowments and endowed excellence funds while enjoying exclusive benefits and recognition.
An endowed gift supplies the UCLA Athletic Department with a perpetual source of income that provides the resources needed to attract, develop, and retain the nation’s most talented student-athletes and coaches. Endowments are long-term investments. The principal is invested, and earned income is distributed in accordance with the guidelines agreed upon by the donor, the UCLA Athletic Department and the UCLA Foundation.
Additional unrestricted Excellence Fund Endowment opportunities remain. By creating an endowment, donors will forever link their name to a championship tradition while making a direct impact on future generations of UCLA student-athletes.
For more information or to support UCLA student-athletes, contact the UCLA Athletics Development Office at 310-206-3302 or visit woodenathleticfund.com.