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Message

re: LSU's Endowment Is Very Low

Posted on 9/21/17 at 7:35 am to
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 9/21/17 at 7:35 am to
You serious, Clark?
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 9/21/17 at 7:37 am to
quote:

Except for the fact that King Alexander is on the board....


Every president of the LSU System has been an ex-officio member during their tenure.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22817 posts
Posted on 9/21/17 at 8:39 am to
quote:

I'm not giving my money to LSU. Sorry. Just not even going to consider it.


Yeah, but you're kind of an a-hole, so that's a given.
Posted by lsujro
north of the wall
Member since Jul 2007
3926 posts
Posted on 9/21/17 at 8:41 am to
quote:

This. In the 17 Years since I've graduated, not once has LSU contacted me about donating. Not the alumni association nor the school itself. Perhaps if they let more of us know how to donate, and how the donations will be spent, they'd get a little more cheddar out of us.


really? i get contacted every year by both lsu, the business school and my graduate program

maybe you should donate and they will have your info.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22817 posts
Posted on 9/21/17 at 8:53 am to
quote:

maybe you should donate and they will have your info.



That's the issue though. If it weren't for this thread, I wouldn't have even thought of donating to the school, because LSU does zero fundraising and a piss poor job of advertising. Why doesn't the LSU Foundation advertise at football games? They have a captive audience of 90k+.

And the TAF has my contact info. Can't the LSU Foundation or Alumni Assoc. pull from the TAF donors list to send flyers? They have this huge resource of people who have shown they are willing to donate to LSU athletics (even though they are basically forced to). But even if 10% of those people donated to the Foundation, wouldn't it be worth it? Why not tap into that database?
Posted by Mo Jeaux
Member since Aug 2008
59261 posts
Posted on 9/21/17 at 8:56 am to
quote:

If it weren't for this thread, I wouldn't have even thought of donating to the school


Yikes.
Posted by Catchaclue
Member since Feb 2013
2 posts
Posted on 9/21/17 at 8:57 am to
In 2010/2011 LSU dropped the Alumni program where you could send your kids to LSU for in state tuition. My first child was LSU bound with that an an additional academic scholly. After they dropped the alumni program and me traveling to B.R. to discuss with no luck, we bailed on LSwho with my fourth generation attendee. Scores of family have attended LSU and my family is and has been landowners in LA since 1897. LSU is now 70+% in state. Damn Bammers are now over 50% out of state and their endowment is great. My mother, LSU graduate quit donating and changed her will. I send back the many requests I get with a note. "Don't Bother" , I am done too. Bama unfortunately is building a national brand and will have support nationwide for decades to come. Sadly, LSU will continue to suffer when die hards like me pull the plug on their alma mater. Small minded people running the program when you don't want straight A, 30 ACT, legacy kids at your school. I now have 3 going to a rival out of state SEC school with scholly and waived out of state tuition.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22817 posts
Posted on 9/21/17 at 9:04 am to
quote:

Yikes


Honestly. It just never occurred to me. Out of sight out of mind.
Posted by lsu711
Member since Sep 2003
13187 posts
Posted on 9/21/17 at 9:23 am to
quote:

In 2010/2011 LSU dropped the Alumni program where you could send your kids to LSU for in state tuition. My first child was LSU bound with that an an additional academic scholly. After they dropped the alumni program and me traveling to B.R. to discuss with no luck, we bailed on LSwho with my fourth generation attendee.


You wouldn't personally contribute to an LSU education for your own kid, so LSU is definitely wasting their time asking you to help out others.

Good riddance, bammer.
Posted by Shadowlink
The Shadows
Member since Apr 2014
1434 posts
Posted on 9/21/17 at 9:30 am to
The one thing I don't understand with people not donating because of F King is that your donations will last beyond F King. So even when LSU does replace F King, LSU is not going to look attractive if we have a endowment lower than most schools our size.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22817 posts
Posted on 9/21/17 at 9:32 am to
How hard would it be for there to be a commercial on the big screens at a football game

"Hey Tiger fans, donate to the LSU Foundation. The LSU Foundation is a non-profit organization whose mission is to cultivate and invest in philanthropic partnerships to advance LSU's academic priorities. Remember, a donation to the LSU Foundation may count towards your TAF priority points. Visit LSUFoundation.org for more information."
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27925 posts
Posted on 9/21/17 at 10:00 am to
quote:

Nope....just not going to give my money to an idiot that has no more love for LSU than Hitlery Clinton. He has no idea of the traditions and history and if he does.....he doesn't respect them.


Please point out where, aside from his fiscally responsible intervention (one that the TAF and AD did not have to follow) where Alexander has screwed with the main mission of the university?

Oh, you don't like that he said that he may have to lay off professors and do severe cutbacks? Well, what was he supposed to do when the legislature was only going to fund him a about 120 million for the fiscal year? He was getting a HUGE budget cut from the legislature. Yeah he was going to fight for his monies. The students do no each themselves and if you cannot pay the professors and physical plant workers you don't have a university you have a slum.

Come on baw.... you opened this up, show where he has been bad for the school overall. Better yet, show me where our august "conservative" Republican legislators have been good for LSU. I could complain all day about Edwin Edwards as a governor, bu the man always made sure LSU had the money it needed and he made damn sure the legislature knew it
Posted by DVinBR
Member since Jan 2013
13119 posts
Posted on 9/21/17 at 10:20 am to
Sad thing is LSU wrecks research grants given to professors, they take a huge chunk of the money away from them, it's pretty sickening
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27925 posts
Posted on 9/21/17 at 10:23 am to
quote:

Except for the fact that King Alexander is on the board...


You sir, may in fact be the second biggest fool on this board. He's an ex officio member and does not have any more say in how things are used than any other board member.

Sorry he messed up the jizz party you planned on having when Jimbo came to town.....you do know that Jimbo was NEVER coming to BR.....don't you?
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22817 posts
Posted on 9/21/17 at 11:14 am to
quote:

Sorry he messed up the jizz party you planned on having when Jimbo came to town.....you do know that Jimbo was NEVER coming to BR.....don't you?


Yeah, I don't see how people can't separate their feelings towards the football program with the perception that Alexander meddled, versus long term stability/vitality of the University itself.

This thread has been very informative, and quite eye-opening. I donated a small amount to the Foundation yesterday.

I'm not OT rich like some of yall, but I figure 1k to 2k a year is something I can afford to give back to the University.

I just wish the Foundation would do a better job of advertising and fundraising.
This post was edited on 9/21/17 at 11:26 am
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27925 posts
Posted on 9/21/17 at 11:30 am to
quote:

I'm not OT rich like some of yall, but I figure 1k to 2k a year is something I can afford to give back to the University.

I just wish the Foundation would do a better job of advertising and fundraising.



About8 years ago I got "shamed" into donating to the foundation when I was complaining about all the money being spent on football and everyone who would shell out 2500 a year for football seat license/tickets but not for the regular students. So my brother in law challenged me to spend some money on the Foundation. So I gave them 2500.00.

1) It's tax deductable
2) I get my arse kissed by the Alumni Association- even though I really do not donate to them, I do get invited to the game day parties on campus
3) Believe it or not, it kind of makes me feel good to do it
Posted by Slippy
Across the rivah
Member since Aug 2005
6609 posts
Posted on 9/21/17 at 11:48 am to
Lemme tell you something about F. King. I may not like his politics (he's too socially liberal for me), but I want somebody in charge at LSU who will fight for LSU. His job as president is to fight for every dollar that LSU gets, regardless of the source. His job is to beg the legislature for money if they won't fund the school properly. And THEY HAVE NOT funded the school properly. That is why I think F. King is doing a decent job. He's not a fricking rubber stamp to all those budget slashers in the legislature who just want to get reelected.

My wife and I have four LSU degrees between us, and we give thousands of dollars every year. Wish we could afford to give more. LSU is all this state has. Sad that some people would like to see it die on the vine.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87573 posts
Posted on 9/21/17 at 12:08 pm to
quote:

Every college in Louisiana except for LSU, Tulane, La.Tech, Grambling and Southern needs to be converted to a Junior College.

* NWLA JC at Natchitoches
* NELA JC at Monroe
* SELA JC at Hammond
* SWLA JC at Louisville (No name change necessary here)
* Central LA JC at Pineville
* McNeese JC at Lake Charles
* Centenary JC at Shreveport
* Nicholls JC at Thibodaux
* LSU JC at Alexandria
* LSU JC at Eunice
* LSU JC at Shreveport


are you trolling or dumb?
Posted by Old
Metairie
Member since Dec 2016
2843 posts
Posted on 9/21/17 at 12:13 pm to
quote:

I hope more LSU alumni stop looking at LSU as just a team to cheer for/donate to after they graduate and instead start donating to the endowment. LSU's endowment is very low when compared to schools like Texas A&M. Please don't start moaning about how TAF donates some money to the school and how that somehow justifies not having to donate to LSU's endowment.

I support elevating Louisiana States academic standards implicitly.



This post was edited on 9/21/17 at 12:14 pm
Posted by MSTiger33
Member since Oct 2007
20418 posts
Posted on 9/21/17 at 12:13 pm to
Yep.

Villanova just finished a round of fundraising for its 1,842 minute campaign. Raised 6.5 million in 1,842 minutes. Not bad.
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