They are grouped into three divisions, that are defined by athletic scholarship rules and the amount of money the schools spend on sports. With no games, no players, no talent to talk about, there’s no money to be made. Endowment Definition An endowment is a donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose. In , there were five new college football programs established and in , there will be four more, none of which will be Division I, according to Next College Student Athlete. Sports television stations, newspapers, and websites just to name a few media outlets make money off of televised games, writing about players, providing stats and opinions, and more through advertising. Recently, the school added cybersecurity and criminal and restorative justice programs. In other words, only 20 of the 1, college sports programs in the nation are profitable.