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Benjamin
Foundation Coaches Performance Award Breakdown
The
total achievement award available per year is $25,000. Awards
will be distributed to coaches 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
share |
| World
Championships |
3
shares |
2
shares |
1
share |
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
In some
cases, a diver's performance in a major event is the bi-product
of more than one coach. This plan accounts for that realization
by distributing the award dollars to coaches of record during
the preceding four years on a month-by-month basis. Each coach
of record on the first of the month for the preceding 48 months
will receive 1/48 of the coach's performance award. A medal
in a synchronized event is considered to be one medal, hence
one award. If two coaches have divers on the medal winning
synchro team, they each will receive 1/2 of the award.
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