{"id":616244,"date":"2025-07-01T11:21:54","date_gmt":"2025-07-01T18:21:54","guid":{"rendered":"https:\/\/www.swimmingworldmagazine.com\/news\/?p=616244"},"modified":"2025-07-01T12:42:24","modified_gmt":"2025-07-01T19:42:24","slug":"cal-swimming-and-diving-and-water-polo-receive-26-million-endowment-from-ned-and-carol-spieker","status":"publish","type":"post","link":"https:\/\/www.swimmingworldmagazine.com\/news\/cal-swimming-and-diving-and-water-polo-receive-26-million-endowment-from-ned-and-carol-spieker\/","title":{"rendered":"Cal Men’s Swimming and Diving and Water Polo Receive $26 Million Endowment from Ned and Carol Spieker"},"content":{"rendered":"

Cal Men’s Swimming and Diving and Water Polo Receive $26 Million Endowment from Ned and Carol Spieker<\/strong><\/p>\n

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A transformational $26 million gift from longtime UC Berkeley champions Ned and Carol Spieker has created an endowment to provide dedicated funding and lasting support for the men\u2019s swimming & diving and water polo programs for years to come.<\/p>\n

In recognition of the Spiekers\u2019 generosity, the men\u2019s swim head coach position will be named the Ned Spieker Men\u2019s Swim Head Coach in perpetuity, while the men\u2019s water polo head coach will carry the title of Ned Spieker Men\u2019s Water Polo Head Coach for 20 years.<\/p>\n

\u201cNed and Carol Spieker have been extraordinary partners to UC Berkeley for decades, and this transformational gift exemplifies their unwavering commitment to our student-athletes and our institution,\u201d said Chancellor Rich Lyons. \u201cThis endowment provides the kind of long-term stability that is essential in collegiate athletics for sustaining excellence. Having endowed coaching positions and operational support for our men\u2019s aquatics programs will be invaluable.\u201d<\/p>\n<\/div>\n<\/div>\n

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For Ned Spieker \u201966, a Cal graduate who played water polo under legendary coach Pete Cutino, this latest gift represents the culmination of more than four decades of support for Cal aquatics. His philanthropic involvement began in the 1980s when he contributed to renovating the original pool, now named Spieker Aquatics Complex, followed by his leadership role in the \u201cMore Water\u201d campaign that helped create the current Legends Aquatic Center.<\/p>\n

\u201cI saw the endowment which I had contributed to before was not enough to sustain the program,\u201d Spieker explained. \u201cI felt that if the program wasn\u2019t going to be sustained, it could be in jeopardy from a qualitative aspect. We were in good shape facility-wise, but we needed to meet the endowment challenge to keep the coaching and athlete benefits intact.\u201d<\/p>\n

The Spieker family\u2019s connection to Berkeley runs remarkably deep, spanning six generations. Ned\u2019s grandfather and mother attended Cal, he and his wife Carol met at Berkeley as undergraduates, and all four of their children graduated from Cal. Two grandsons currently attend the university, with one as a sophomore and another entering as a freshman.<\/p>\n

\u201cIt was a family allegiance and a love for Cal,\u201d Spieker reflected on his multi-generational commitment.<\/p>\n

The aquatics endowment represents the latest chapter in the Spiekers\u2019 extraordinary philanthropic partnership with UC Berkeley. In 2022, Ned and Carol made the largest gift in Haas School of Business history with a $30 million commitment that transformed the undergraduate business program from a two-year to a four-year experience, now known as the Spieker Undergraduate Business Program. Ned, who founded and led Spieker Properties into one of the largest commercial property companies in the United States, has also played a crucial role in Haas campus planning, serving as a catalyst for the construction of Chou Hall and helping maximize the school\u2019s campus footprint. Carol, a trustee emeritus of the UC Berkeley Foundation, has been equally committed to the university\u2019s mission throughout their decades of involvement.<\/p>\n

Their latest investment comes at a time when Cal\u2019s men\u2019s aquatics programs have achieved extraordinary success. The swimming & diving and water polo programs have both captured multiple NCAA championships, with men\u2019s water polo winning three consecutive national titles from 2021- 2023. The swimming & diving team has also maintained a dominant presence, having finished in the top-two nationally for a remarkable 15 consecutive seasons, including back-to-back NCAA championships in 2022 and 2023. Both Cal men\u2019s swimming & diving and water polo have notably continued their Olympic tradition of excellence, bringing home multiple gold, silver, and bronze medals from both the Tokyo 2020 and Paris 2024 Summer Olympics.<\/p>\n

The impact on the current coaching staff will be immediate and profound. \u201cThis gift is just incredible,\u201d said men\u2019s water polo head coach Kirk Everist. \u201cAs an alum and coach, it\u2019s hard to put into words what it means to see this kind of commitment to Cal Men\u2019s Water Polo. It honors our past, supports our present, and guarantees a strong future for the program we all love. It\u2019s a huge win for our athletes and for every Bear who\u2019s ever represented Cal.\u201d<\/p>\n

Director of Athletics Jim Knowlton emphasized the broader significance of the gift within Cal\u2019s strategic vision for Olympic sports. \u201cThis transformative $26 million gift stands as a powerful testament to the enduring legacy and excellence of Cal aquatics,\u201d Knowlton said. \u201cWith the creation of this endowment, we now have five endowed programs, ensuring long-term stability and consistent funding.\u201d<\/p>\n

The men\u2019s aquatics endowment represents a significant step toward Cal Athletics\u2019 ambitious goal of building\u00a0endowed support for all programs<\/a>\u00a0in partnership with the Cal family. Currently, five Cal varsity sports – men\u2019s golf, women\u2019s golf, rugby, men\u2019s water polo and men\u2019s swimming and diving – receive crucial funding through endowment support, with athletics leadership targeting fifteen endowed programs by June 2027. These endowments provide the reliable annual support that allows student-athletes to pursue championships while earning world-class Berkeley degrees.<\/p>\n

Chancellor Lyons noted that Spieker\u2019s leadership extends far beyond athletics, acknowledging his \u201cinstrumental role in building our world-class aquatics facilities\u201d and his \u201cvision that extends far beyond any single gift.\u201d<\/p>\n

For Spieker, the motivation remains focused on continuing excellence rather than transformation for Cal aquatics. \u201cThis won\u2019t change the trajectory of the program,\u201d he emphasized. \u201cIt will continue the excellence.\u201d<\/p>\n

The above press release is from the University of California-Berkeley<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Cal Men’s Swimming and Diving and Water Polo Receive $26 Million Endowment from Ned and Carol Spieker A transformational $26 million gift from longtime UC Berkeley champions Ned and Carol<\/p>\n","protected":false},"author":59119,"featured_media":361070,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"dois","enabled":false},"version":2}},"categories":[6],"tags":[136366],"class_list":["post-616244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-college","tag-ned-spieker"],"jetpack_publicize_connections":[],"yoast_head":"\r\nCal Swimming, Diving, Water Polo Receive $26 Million Endowment<\/title>\r\n<meta name=\"description\" content=\"The Cal Swimming and Diving and Water 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