The Benjamin Foundation Coaches Performance Award Breakdown
The total achievement award available per year is $25,000. Awards will be distributed to coaches of record based upon the medal performance of their divers at designated events, up to the amounts below:
Gold | Silver | Bronze | |
Olympic Games | $15,000 | $10,000 | $5,000 |
World Championships | $7,500 | $5,000 | $2,500 |
If the total dollars awarded for an event would exceed $25,000 in any given year, the amount awarded for each medal performance will be based upon shares of the total $25,000 pool. Shares will be distributed as follows:
Gold | Silver | Bronze | |
Olympic Games | 3 Shares | 2 Shares | 1 Shares |
World Championships | 3 Shares | 2 Shares | 1 Shares |
Example 1:
At 2004 Olympic Games, U.S. wins 1 gold and 2 bronze medals.
Reward: Gold – $15,000, Bronze – $5,000 (x 2) – $10,000.
Total Reward: $25,000
Example 2:
At 2004 Olympic Games, U.S. wins 2 gold and 2 bronze medals:
Reward: Gold – 3 shares (x 2) – 6 shares,
Bronze – 1 share (x 2) – 2 shares $25,000 divided by 8 shares – $3,125 each share
Total Reward: Gold – 3 shares at $3,125 per share, $9,375 x 2 = $18,750
Bronze – 1 share at $3,125 per share, $3,125 x 2 = $6,250
$18,750 + $6,250 = $25,000
Note: If two coaches have divers on the medal-winning synchro team, they each will receive 1/2 of the award.