Our Mission Statement

MISSION STATEMENT OF BUCCANEER FOOTBALL & FRIENDS FOUNDATION, INC.


The business and purposes of this non-profit Foundation shall be to (a) to re-establish and perpetuate a successful football program at East Tennessee State University; (b) to develop, promote and further the skills and knowledge of the amateur student football athlete at East Tennessee State University; (c) to develop, promote and further the qualities of education, leadership, sportsmanship, competitive zeal and the drive for academic excellence in student football athletes at East Tennessee State University; (d) to solicit tax deductible donations to be used to fund grants to East Tennessee State University; (e) to attempt to raise funds to give grants to East Tennessee State University to assist them in building a football or multi-purpose regional stadium at East Tennessee State University; (f) to promote and further the activities of the ETSU University Band and Cheerleaders and (g) in the event that East Tennessee State University does not re-establish a football program by June 2010, to disburse any remaining funds to one or more charitable institutions as determined by the Board of Directors at that time.

It is the plan of the Foundation to make grants through East Tennessee State University for the use of the East Tennessee State University Athletic Department for purposes consistent with the goals and objectives included in our Mission Statement.

These grants will further the purpose of our organization by supporting the University in their desire to bring back the ETSU Football Team and Marching Band and helping to ensure the success of those programs in the future by providing grant money for scholarships for athletes and Marching Band Members.

The Foundation will accept contributions of: real property; conservation easements; closely held securities; intellectual property such as patents, trademarks, and copyrights; works of music or art; licenses; royalties; automobiles, boats, planes, or other vehicles; or collectibles of any type. At present, none of these types of contributions have been received by the Foundation.

With regard to each of these potential donation categories, the Foundation, the only condition which the Foundation will agree to is that the contribution be used exclusively to further the purposes and goals of the Foundation.

The Foundation shall not carry on any activities not permitted to be carried on by (a) a Foundation exempt from federal income tax under section 501 (c)(3) of the United States Internal Revenue Code ("Code"), or the corresponding provisions of any future United States Internal Revenue Code or (b) an entity, contributions to which are deductible under section 170 (c)(2) of the Code, or the corresponding provisions of any future United States Internal Revenue Code.

  Buc Football & Friends Foundation, Inc.
P.O. Box 250 • Mountain Home • Johnson City, TN 37684