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IPTAY is an athletic fundraising organization for Clemson University. It was founded in 1934, and originally stood for "I Pay Ten a Year." IPTAY is often regarded as the father of athletic fundraising in collegiate athletics in the United States. The idea for an athletic fundraiser was originally presented by then Head Football Coach Jess Neely, in the year 1931. However, it was not until 1934 that it was actually created under the leadership of Dr. Rupert Fike.

The organization was first established as a secret organization and initial membership dues were set at $10.00 a year (I Pay Ten A Year). As the organization grew over the years and as income for IPTAY increased, the football team improved drastically, culminating in a 1940 Cotton Bowl berth, and a 10-1-0 final record.

With over 22,000 combined members in the 2006 fiscal year, the organization plays a major role in ensuring that all 19 of the varsity sports at Clemson are given the maximum amount of scholarships offered by the NCAA. IPTAY donors have contributed over $200 million since the inception of IPTAY, including over $14 million in 2006 fiscal year.

In accordance with the IPTAY Constitution, the four priorities are as follows:

1. The payment of the annual cost of athletic scholarships.

2. The payment or reimbursement of the operating expenses of IPTAY.

3. The establishment and maintenance of an adequate reserve fund deemed appropriate by the IPTAY Board of Directors.

4. Any expenditures other than those established under the previous priorities, shall be limited to either direct or indirect aids to the athletic program of Clemson University and must be approved by the IPTAY Board of Directors.

While the basic principles of IPTAY outlined in 1934 remain the same, the scope of IPTAY has grown tremendously. Not only does this unique organization provide for athletic scholarships, but IPTAY is a key toward building and maintaining the outstanding facilities that are essential for Clemson to remain as one of the top intercollegiate athletic programs in the United States.