Oregon State launches campaign to match $24M Valley Foundation challenge grant for student-athletes

Oregon State University has announced a $24 million challenge grant from the Wayne and Gladys Valley Foundation to expand student-athlete revenue sharing as part of a broader $48 million fundraising initiative. The multiyear commitment requires OSU to raise $8 million annually over three years to unlock full funding. The grant will strengthen athletic competitiveness by increasing financial resources for student-athletes and coaches amid shifts in the collegiate sports landscape, particularly within the restructured Pac-12. OSU Athletics has reorganized its donor program to drive sustained giving, positioning the effort as a critical investment in recruiting, retention, and long-term program stability.