Honestly, I'm not really sure if we can get much in the way of corporate support or not for facilities. Last year, ISU athletics did receive about $600,000 from corporations. But for help with facilities, it seems to me that corporations are normally more apt to give millions to schools in bigger conferences, like the Pac 10 or SEC -- than they would for a school in the Big Sky. And I think that corporations are much more prone to help with facilities for pro teams in bigger cities. If I'm wrong about this, then perhaps Frank or votb, or someone else in the know, may be able to shed some light on this subject. But I really think that our best bet for help with facilities would be to find those wealthy individuals who are ISU alums or boosters.
This could be tough to do in a city like Pocatello, where there are only four or five people in the whole city, who make an average income of at least $800,000 or so -- and the vast majority of us who were fortunate enough to have been born and raised in Poky all know who those folks are. And those few individuals may or may not be big sports fans or big fans of ISU, and may or may not be inclined to help out.
Other than that, you'd have to look to wealthy ISU alums like Jared Allen, Merril Hoge, Marvin Lewis, the CEO of Office Depot, and others who can help us out greatly. And I'm sure that these folks, as well as many others, are already on Jeff's and Jay's list of potential donors, who they're about ready to contact about help with facilities -- if they haven't done so already. Normally, I see Jared Allen every year, except for this year, at the Bengal Foundation golf tourney here in Boise. And I refuse to talk to him about the possibility of contributing to ISU for help with facilities -- and I've encouraged other boosters to do the same. Because I just feel it's just best if Jeff, Jay, and new staff member Logan Kinghorn, would do this kind of thing. Because I feel that it's best if Jared doesn't get badgered by too many people about this opportunity for giving.
You know, the thing I'm really worried about is eventually finding enough money to pay for the $22 million or so that's need for Holt Arena renovations, strictly in order to bring the facility up to code. The voters of Pocatello, with their stingy mindset, refused to pass the bond -- by an overwhelming margin, because they feel that they should be able to attend the many events at Holt whenever they want to, but they refuse to help with the much needed renovations. And according to an ISU administrator, sometime in the future, the students of ISU will be presented with the same opportunity to pass a much-needed bond to pay for the renovations. But honestly, I don't see how this could ever pass this time either. Because if the students are unwilling to pay for Reed Gym renovations for at least a few million or so, then how would they ever pass a $22 million bond to pay for renovations at Holt? And I'm willing to bet that they're going to have the same mindset as the people of Poky do, where they feel they should be able to use the dome whenever they want to, for concerts, intramurals, or whatever, but they're not going to want to fork over one penny for renovations.
And so what's going to happen? If a facility can't ever be brought up code, then it's eventually going to have to be condemned. And I don't know when this would or could eventually happen. But who knows, maybe I could be wrong, and with enough prodding and if it's presented properly, then perhaps the students could come through.