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re: LSU Athletic Department donated 45% of its 2012 profits to the University

Posted on 12/13/12 at 1:47 pm to
Posted by SanFranTiger
Dallas, TX
Member since Sep 2003
4907 posts
Posted on 12/13/12 at 1:47 pm to
Question that no one seems to know the answer to...

LSU's "Forever LSU" campaign just a few years ago raised $792 million that was supposed to go to the endowment. Having a $1billion endowment was supposed to guarantee we would be in a much better position financially and would not be at the mercy of the legislature.

What the hell happened to that money? Did I misunderstand the nature of the campaign?
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