5/2/2012: The LA Times discusses a proposal to let Cal States schools do this. Oregon started this under Frohnmayer, and currently about half the UO President’s pay is from the UO Foundation. The problem is that the foundations are typically run by sports boosters. They either divert funds that should be used for scholarships and academic support, or make their own donations, perhaps with the implicit or explicit expectation that they will then control the president’s priorities. At least in CA the foundations are subject to the state’s public records laws – not in Oregon.
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