Exec Committte tables New Partnership motion

4/12/2011: Good call:

From: “Nathan Tublitz”
Date: April 12, 2011 6:17:48 PM PDT
To: [email protected]
Cc: president Lariviere , [email protected]
Subject: senate10_11: US10/11-10 New Partnership motion withdrawn
Reply-To: [email protected]

Dear Senators, President Lariviere and Provost Bean:

I write to let you know that the Senate Executive Committee,
sponsor of US10/11-10 Motion to endorse the New Partnership,
has decided to withdraw the motion. This means that the Senate
will not be discussing this motion at tomorrow’s Senate meeting.

Word on the street is that the proposal is being revised to, among other things, take responsibility for the bond funds away from the UO Foundation and give it to the State Treasurer (who manages PERS investments, etc.). Good idea. Paul Weinhold, UO Foundation head, will not even reveal how much he is paid.

But his salary and that of CFO Jay Namyet certainly go up as the amount of the Foundation’s endowment does. So there was something untoward about them using Foundation funds to lobby the state for $ 800 million in taxpayer money – and they finally got called on it. Progress.

Meanwhile their compliance officer, Erica Funk, has run out of IRS extensions. They will have to file the 990 form, with officers salary and benefits, by May 15. By then the numbers will be 10 months old, of course – plenty of time to sneak in more raises.

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