The unofficial online home for fans of the UAB Blazers. Part of Collegiate Sports Nation (CSN).

http://www.uab.edu/give/campaign/compone...basketball

Pardon my ignorance, but is there any significance to the term "lead gift" other than it's a large enough sum of money that it gives confidence to others that the project will happen? I'm wondering if a donation to a specific project has to be a certain size to qualify as a "lead gift" which then has implications for capital budgeting in that funds can be "earmarked" for said project only after the "lead gift" has been received.

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(05-01-2014 02:26 PM)blazr Wrote:  Pardon my ignorance, but is there any significance to the term "lead gift" other than it's a large enough sum of money that it gives confidence to others that the project will happen? I'm wondering if a donation to a specific project has to be a certain size to qualify as a "lead gift" which then has implications for capital budgeting in that funds can be "earmarked" for said project only after the "lead gift" has been received.

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At UAB to have a building (or partial) named after you - a lower of donation of 50%(very flexible) or a million dollars are needed. In general in fundraising the lead gift means simply largest/significant.

I am very glad to see an emphasis FINALLY being placed back on basketball which is the sport that we could excel in.