One of the University’s solutions to its growing budgetary dilemma in the mid-1980s was to have athletics pay the tuition and fees for its student-athletes, which in the past had been waived. Pastilong, understanding the department’s bottom line was going to be severely stressed, particularly during the years when the football team didn’t go to bowl games, began exploring ways to supplement this new expenditure.
After attending a NACDA conference and listening to a presentation about athletic endowments, he decided to implement an Athletic Endowment Fund for WVU athletics with the yearly return on the investment earmarked to offset the rising cost of tuition waivers. He also anticipated those costs would continue to grow because a large percentage of WVU’s scholarship athletes were recruited from out of state.
“That was always the first bill we had to pay,” Pastilong recently recalled.
The AEF, as it came to be known within the athletics department, was a brilliant solution to this new financial disadvantage the Mountaineers had compared to many of their regional rivals. The Mountaineer Athletic Club did a great job through the years identifying donors to support the endowment, which grew to more than $30 million by the time Pastilong retired in 2010, but its fundraising efforts were being utilized to offset yearly operational costs.
Consequently, this made it much more difficult for West Virginia’s athletics facilities to keep pace with its peers, such as Virginia Tech, which made eye-opening improvements to Lane Stadium in the 1990s when the late Jim Weaver was its athletics director. Lane Stadium helped coach Frank Beamer transform Virginia Tech into a national power by the late 1990s because Weaver had the foresight and the courage to invest in a coach in whom he believed.
This was something West Virginia simply couldn’t do at the time, and as a result, its facilities began to stagnate. When you add up the time and the effort West Virginia devoted to fundraising for the Athletic Endowment Fund over the 20 years Pastilong was athletics director, you are talking about a substantial amount of money that potentially could have been devoted to facilities.
Still, Pastilong’s department was able to invest more than $65 million in facilities during his tenure, including the construction of stadium suites at Mountaineer Field in 1994 as a result of revenues obtained from WVU’s appearance in the Sugar Bowl. Milan “Mike” Puskar’s $20 million gift to West Virginia University, $14 million of which went to athletics, helped fund additional end zone suites in 2004.
The Caperton Indoor Practice Facility was dedicated in August, 1998, and more than $4 million was also invested in the Milan Puskar Center for new locker rooms in 2008.
Around the same time the Caperton Indoor Facility opened, successful businessman Bray Cary and his wife, Diane, contributed the funds that enabled West Virginia to build a $1.5 million gymnastics training center, which came to be known as Cary Gym. Prior to that, WVU’s gymnasts were forced to train in antiquated Stansbury Hall.