7/17/2010: In the 2007-2008 FY the UO Foundation reports disbursing $13 million to UO for athletic scholarships. This money presumably comes from Duck Athletic Foundation donations fans must make to be eligible for season tickets. The $13 million figure comes from the public annual report the foundation must file under state law. They reported similar numbers to the IRS on the 990 forms they must file to maintain tax-exempt status, and to ensure donations to them are tax deductible.
However, the UO athletic department reports they only spent $6.6 million on student-athlete scholarships that year. This number comes from UO’s internal accounting system, and also seems to be what UO reported to the NCAA. (Courtesy of USAToday’s database.) And since athletics gets another $1 million or so from state lottery funds, also dedicated to scholarships for athletes, it looks like there was a $7.4 million gap between what the athletic department received in funds earmarked for scholarships, and what they actually spent on scholarships. In other years, the gap is more like $3 – $4 million.
Uh, I wonder where the rest of the money went, coach?
Spreadsheet numbers for the Athletic Department, from UO’s BANNER accounting system. More here.
There seems to be a bit of a gap.