June 6, 2007
Virginia Tech announced Wednesday that it has moved $3.2 million from the Hokie Spirit Memorial Fund into 32 separate endowed funds.
Each fund was created to honor each of the 32 victims of the April 16th Virginia Tech tragedy. The transfer brings each of the funds to full endowment level.
Final determinations as to exactly how each of the memorial funds will be directed is being discussed closely with families of the victims. The Hokie Spirit Memorial Fund was established immediately after the tragedy.