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Virginia Tech, James Franklin Get $75 Million Donor Boost

Virginia Tech, James Franklin Get $75 Million Donor Boost

Summary

Virginia Tech received a $75 million donation from a family that has been connected to the school for four generations. Most of the money will go to Virginia Tech’s athletic department, helping football coach James Franklin improve the football program. Part of the donation will also support the Honors College.

Key Facts

  • The $75 million gift came from an anonymous donor family with a long history at Virginia Tech.
  • Most of the money is for the school’s athletic department, with a large portion supporting football.
  • Some funds will go to Virginia Tech’s Honors College.
  • The money is unrestricted, so the athletic director can decide how to use it.
  • Football coach James Franklin said the donation will help recruit and develop top players.
  • Virginia Tech’s current athletic director, Whit Babcock, is retiring on July 1.
  • Franklin is helping find a new athletic director who will focus on making the football program successful.
  • The donation could help Virginia Tech compete for major football championships in the future.
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