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re: Who are these billionaire LSU boosters that are throwing money around?
Posted on 11/28/15 at 12:43 am to The Third Leg
Posted on 11/28/15 at 12:43 am to The Third Leg
quote:
So you're telling me that LSU shields their donor contributions from public record altogether?
Very rarely, and in insignificant amounts, does a donor make a gift directly to the University.
They are made to Tiger Athletic Foundation for athletics, or the LSU Foundation for academics. These are 501c3's for the sole benefit of LSU but are not state-entities. Therefore their records are shielded from public records laws.
1
Posted on 11/28/15 at 12:49 am to Golfer
The revenues are still reported when the money is transferred into the AD for use. If there were ten million dollar gifts just flowing in, don't you think they would spend it here and there?
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