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re: Who are these billionaire LSU boosters that are throwing money around?
Posted on 11/28/15 at 1:13 am to Golfer
Posted on 11/28/15 at 1:13 am to Golfer
On what grounds? You think an endowment just builds shite and hands it over and nobody has any idea what it cost to construct? As if nobody is wondering, hey, where the frick did that building come from?
The only way to shield the money is to sit on it. I can assure you they are not doing that with any amounts that matter.
The only way to shield the money is to sit on it. I can assure you they are not doing that with any amounts that matter.
2
Posted on 11/28/15 at 1:18 am to The Third Leg
I think you're confusing yourself here.
Donors give to the private organization. Their data remains private unless they agree to publicize (introduction at halftime, naming rights, etc.).
The amount transferred to the state is the only thing that becomes public record. And that's lumped together with literally thousands of contributions. But as I said earlier, the foundations will spend as much as they can privately to benefit LSU before anything is transferred.
My guess is that Les would receive his buyout directly from TAF as to shield the details of the transactions.
Donors give to the private organization. Their data remains private unless they agree to publicize (introduction at halftime, naming rights, etc.).
The amount transferred to the state is the only thing that becomes public record. And that's lumped together with literally thousands of contributions. But as I said earlier, the foundations will spend as much as they can privately to benefit LSU before anything is transferred.
My guess is that Les would receive his buyout directly from TAF as to shield the details of the transactions.
Posted on 11/28/15 at 1:20 am to The Third Leg
I really don't know what the TAF brings in a year, several 10MM I would assume. You are asking them to increase in a manner or 5% or so to cover all of this.
So an increase of 5% is going to raise eyebrows?
So an increase of 5% is going to raise eyebrows?
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