Jim Gaddis Endowment $2,000,000
The mission of the Gaddis YSA Endowment is to ensure that Youth Sports Alliance (YSA) programs are accessible to all students in our community regardless of race, gender, family income, or ability. The fund seeks to provide all students opportunities to gain lifelong lessons learned through sports and spark passion to play in our community playground.
Provide consistent financial resources to YSA for afterschool programs by establishing an initial two million dollar endowment, prior to any distributions.
Increase scholarships for students from families making up to 80% of the area median income, roughly $100,000 for a family of four in Summit County. Scholarships include fees, any necessary required equipment or clothing, and often transportation.
Decrease the cost to all students participating in our programs.
Provide transportation for all afterschool programs, to increase participation from families with working caregivers.
YSA realized since our inception two decades ago, that financial assistance is critical to encourage participation and create feelings of belonging in our community.
Nearly a quarter of students in Summit and Wasatch Counties are eligible for the National Free & Reduced Lunch Program (FRL). The eligibility threshold in Utah is $49,025 for a family, which does not take into account the significant differences in our cost of living versus the rest of the state.
55% of the students who participate in YSA programs come from households that makes less than $110,000 annual income.
Lack of transportation is a significant barrier to participation. We find that families with working parents cannot participate without transportation. When transportation is provided, 1 in 5 participants receives a scholarship. When transportation is not provided, scholarship participants drop to 1 in 20.
ABOUT JIM GADDIS
A Utah native, Gaddis was a national champion ski racer and an NCAA All- American from the University of Utah. After his collegiate ski-racing career, he coached and started the Park City Ski Team. Over the past decades he has been involved in many charities as a board member, founder and donor. In addition to the YSA, some of the charities include the National Ability Center, the Stein Eriksen YSA Opportunity Endowment, Park City and US Ski Teams, the Huega MS Express, University of Utah athletics, the Alf Engen Museum, the Marriott Library Archives, and the Park City Hospital Foundation. The Gaddis YSA Endowment is a true testament to his legacy of deeply caring for and giving back to his community.
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