On a $93M base, for a 6% increase. Almost all the money goes to “administrative expenses”. Last year Eric Roedl told the IAC he was forecasting 3%. This year he’s not talking to the IAC. To add to the injury, they are hiring another fundraiser to help persuade more donors to give to athletics instead of academics. VP for Advancement Mike Andreasen has a box on the president’s org chart, but does have any actual authority? Apparently not.