Athletic Department salaries now total $35M, versus roughly $70M for all UO tenure track faculty. From the just released Moss Adams audit of their books, here: Looks like the UO Foundation is laundering $47M of Duck Athletic Foundation money. All to promote UO’s academic mission, I’m sure.
Posts tagged as “UO Foundation”
Of course I mean the OSU Foundation, report here. In contrast, while the UO Foundation’s report for the fiscal year closing June 30 2013 was due Nov 15, they’ve filed for an extension until Feb 15, and they will presumably file for another, preventing the release of the IRS required…
That was in 2010, from their report to the Senate on the proposal to give UO an independent board: http://senate.uoregon.edu/files/SBCNewPartRep20101109.pdf 3) Transparency and accountability. If the UO achieves a new degree of autonomy from the OUS and the Oregon Legislature, we are concerned that the UO be held to high…
11/12/13: I recently received the “demand for retraction” below, from Thomas Herrmann, legal counsel to the UO Foundation, presumably writing on instruction from the Foundation’s Chairman Jon Anderson, a former marathon runner with longtime Nike connections, and the Foundation’s 2013 Chair-elect and committed athletics booster Stephen Holwerda. A bio-piece on Mr Holwerda…
8/30/2013: Op-Ed in the RG today: … Our public university was built by Oregonians, and for more than 135 years it has carried out its mission to serve the students and the state of Oregon. In recent decades, inadequate investment in the activities, resources and personnel that constitute and define…
8/19/2013 update: “Around the O” reports UO raised $200M this FY in donations. It’s difficult to tell from the press release, and as explained below UO Foundation CEO Paul Weinhold has refused to release breakdowns, but it appears that about 57% of the donations to the Foundation went to the jocks.…
5/19/2013: You can’t make this shit up. Rachel Bachman has the story in the WSJ on PAC-12 commissioner Larry Scott’s earnings: Scott took home a $1,376,000 bonus in addition to a base salary of $1,575,000 and other compensation of $71,462. … Scott said that owning its networks helps the Pac-12 “drive…
4/09/2013: The UO Foundation is spending about $200K on a lobbyist, Ginny Lang, with the job of convincing the legislature to keep UO faculty off the new UO Board. Where else do your tax deductible contributions to the UO Foundation go? Mostly to sports. More and more so every year:…
“UO Foundation resists compromise to include faculty on proposed independent governing boards”From Saul Hubbard in the RG. They’re using money donated to UO to pay Ginny Lang, the lobbyist who is meeting with legislators to fight against faculty participation. Meanwhile President Gottfredson won’t sign the UO constitution that Rob Kyr…
on academic support. Not on glossy colors for their 2011-12 report, quietly released on Friday. And the foundation’s own internal expenses have grown 20% in two years, from $5,463 in 2009-2010 to $6,646. 9/29/2012. 9/30/2012 Update: The Foundation has stopped putting the time-series data in the reports, presumably since it…
6/8/2012: Diane Dietz of the RG has the story here: The foundation plowed $14.5 million into student aid, scholarships, loans and student wages in the fiscal year that ended June 30, 2011, according to its annual filings with the Internal Revenue Service. Spending in that category was down for a…
The ODE has the story, with video: Most of the staff and administrators had cleared out prior to students entering except for President Berdahl himself and a few of his staff. Berdahl spoke with students on why tuition increases needed to be implemented as well as other issues surrounding state…
5/15/2012: The IRS makes non-profits submit “990” forms annually, to show what public good they’ve been doing with that money they are not paying taxes on. The OSU Foundation turned in theirs 6 months ago. CEO J. Michael Goodwin pulled down $414,792 in total compensation. The top 5 employees take…
1/18/2012: That’s the word on the $5 million Jock Box gift from John Jaqua’s widow. Greg Bolt explains the basics, here. Duck press release here. And now Rob Mullens has admitted that he is going to use all the proceeds to cover the small part of the maintenance and utilities…
11/21/2011: I’d always wondered why reporters were spending so much time on the child rape coverup and so little time on the money that Joe Paterno and his crew were raking in. It turns out this was because Penn State had secured an exemption to the Pennsylvania public records law,…