2016 World Championships Scholarship Fund

The 2016 World Championships Fund was endowed in 2018 with $1 million in proceeds from The Skating Club of Boston hosting the 2016 ISU World Figure Skating Championships at TD Garden.  The Fund was begun with the intention of supporting skaters who actively compete in U.S. Figure Skating qualifying competitions, and who represent the Club.   At the time the funds for the endowment were approved, the Club Board adopted the following resolution:

Grants may be awarded to support and develop ice skaters training to compete at the regional, sectional, national and international levels in pursuit of competing at national and international competitions; and in addition, grant recipients must be members of the Club for one year before eligibility.  Membership dues may be included in the grant award for those recipients who are unable to afford them.

 It was further approved in the permanent policies that endowed the fund that no more than 75% of the increase in the net portfolio value over the course of the immediately preceding calendar year would be distributed in scholarships.  This was to ensure that the 2016 World Championships Fund would be a permanent fund with ongoing growth over time.

The Club Board approved the below minimum requirements and standards for awarding scholarships from the Fund at its March 4, 2020 meeting.

  • Proceeds from the Fund will be used to support Club members in the dance, pairs and singles (men and women) disciplines, in keeping with the disciplines of the ISU World Figure Skating Championships.
  • Skaters must represent The Skating Club of Boston in qualifying U.S. Figure Skating competitions, and the United States in ISU sanctioned competitions.**
  • Skaters must be members with Club accounts in good standing.
  • Skaters must participate in Ice Chips for each year in which they are receiving Club funding, unless otherwise approved by Club management..
  • Scholarships from the Fund will be awarded in equivalent cash value to credits for ice time purchased from The Skating Club of Boston.
  • In certain circumstances, special awards may be made to assist a member with their membership dues.
  • Each member of a pair or dance team will be treated individually. The award is to the skater and not the team.
  • Ice sessions are non-transferable for scholarship skaters.
  • Scholarships are not available to skaters who qualify for the National High- Performance Development Team, except as a result of their placement in the season’s qualifying competitions.

The Club Board further approved the below structure for awarding scholarships from the Fund at its March 4, 2020 meeting.  This is to allow for maximum transparency and fairness for all skaters.  If total available funds for a given year are less than the planned percentage credits for senior- and junior-level medalists as outlined below, actual gift amounts will be pro-rated based on available funds.

U.S Championships Senior Medalists

Complimentary monthly contracted ice at The Skating Club of Boston’s Norwood facility, beginning July 1st of the year in which the skater wins their medal at the U.S. Championships, through June 30th of the following year.

Senior Level Team USA Skaters*

50% discount on monthly contracted ice at The Skating Club of Boston’s Norwood facility, beginning July 1st of the current calendar year in which the skater becomes a senior level Team USA member, and through June 30 of the year in which the skater is no longer a member of Team USA.

U.S. Championships Junior Medalists

50% discount on monthly contracted ice at The Skating Club of Boston’s Norwood facility, beginning July 1st of the current calendar year in which the skater wins their medal at the U.S. Championships, through June 30th of the following year.

Junior Level Team USA Skaters*

25% credit for the cost of monthly contracted ice at The Skating Club of Boston beginning July 1st of the year in which the skater makes Team USA, and through June 30 of the year in which the skater is no longer on Team USA.

Eastern Sectional Final Medalists

A cash credit to be applied to contracted ice on the member account by June 30 of the same season at the Club.

U.S. Pairs and Dance Final Medalists

A cash credit to be applied to contracted ice on the member account by June 30 of the same season at the Club.

Regionals Singles Challenge Medalists or NQS Qualifiers

A cash credit to be applied to contracted ice on the member account by June 30 of the same season at the Club.

Eastern Sectional Pairs or Dance Challenge Medalists or NQS Qualifiers

A cash credit to be applied to contracted ice on the member account by June 30 of the same season at the Club.

*A Club skater will be considered a member of Team USA after they have been assigned, and have competed in an international ISU-sanctioned event.  Senior and junior levels are determined by the level at which the skater competed at the U.S. Championships.  Novice skaters competing at the junior level at the U.S. Championships are not considered junior-level skaters.  In the case of skaters who are U.S. Championships medalists and members of Team USA, the Club will apply the medalist-level scholarship for the following season.

Annual Distribution Amounts

In keeping with the terms of the endowment, each year the Club’s finance committee will calculate the available amount of scholarship funds available for distribution that year per the terms of the Fund’s distribution policy.  In priority order, the funds will be allocated to U.S. Championships medalists and senior and junior Team USA skaters according to the above distribution percentages.   After that, the balance of the available funds for that year will be distributed evenly against all other qualified skaters from the season.  Funds will be made available before the end of the season on June 30, and once Team USA qualifications for the season have been met.

**Special Note

Skaters who are members of The Skating Club of Boston and contract ice, but do not represent the United States in international competition, may apply for an exception to the above restriction on representation on the basis of financial hardship or other extenuating circumstances.  All such applications will be reviewed by Club management and brought to the Club Board for review and a final determination.