By CHRIS HOBBS
CHAPEL HILL — The North Carolina High School Athletic Association (NCHSAA) has posted a complete breakdown of how much each member school in the state received from a distribution of $5.7 million in funds held by the NCHSAA.
There was an payout of more than $4 million, called caps payments, and then a end-of-the-year distribution of more than $1.7 million.
In total, the association sent $5,717,948.08 to the member schools based on a calculation that include the number of sports a school offers its student-athletes.
Reports have indicated the NCHSAA has $41 in assets, which includes property and other holdings, and that more than $26 million is in the association’s Endowment Fund (currently discontinued).
There was no press release or notice to the media or general public about the availability of the financial breakdowns, which are listed in a pdf below.
HobbsDailyReport.com began requesting the breakdown about two weeks ago and was informed on Monday, in a phone call, where to check on the NCHSAA website for the information.
Our website is working with the current information and will post ASAP how much each school system with schools in the Catawba Valley 2A Athletic, Western Foothills 3A and Northwestern 3A-4A received.
NCHSAA BREAKDOWN OF PAYMENTS: 2020-2021 NCHSAA ENDOWMENT DISBURSEMENTS FINAL