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Started By
Message
1
Posted on 9/20/17 at 1:59 pm to AA77
quote:
Pretty big drop off between LSU and Ark.
Probably has something to do with the Walton family
Posted on 9/20/17 at 2:08 pm to Waffle House
What I found interesting aside from Arky's endowment vs. overall population is both Kentucky's and Alabama's endowments. Both sates have similar populations to Louisiana in terms of numbers and at least demographically, Alabama's is very similar, but the amount given is much higher than Louisiana's and neither of those states could be construed as "rich"
Posted on 9/20/17 at 2:10 pm to SaulGoodman
So instead of giving money to Alleva to mismanage we should give money to F King to mismanage.
F that
F that
This post was edited on 9/20/17 at 2:11 pm
Posted on 9/20/17 at 2:11 pm to Catman88
quote:
So instead of giving money to Alleva to mismanage we should give money to F King to mismanage. F that
Sigh...
Posted on 9/20/17 at 2:12 pm to Golfer
quote:
Sigh...
Yeah, I'm not sure how many times you need to explain this...
Posted on 9/20/17 at 2:24 pm to SaulGoodman
I am very disappointed in what I have seen from the LSU administration from an academic standpoint over the past 20 years.
Posted on 9/20/17 at 2:33 pm to boxcarbarney
quote:
Yeah, I'm not sure how many times you need to explain this
Allow me to dispatch this fool, barney because you have made good points but some people cannot see the difference.....therefore
F King Alexander would have nothing......NOTHING to do with the handling of this money or even in the investment of said funds of the Foundation.
I know, I know you are still pissed that FKing intervened and shot down the massive climax you were planning on having when Miles was going to be let go and Jimbo would be riding into B.R. triumphant on a chariot .....sorry about that.
From an academic standpoint, Alexander has to fund and adequately staff a university of 31,500 students. He has to do this with a relatively low endowment and a state legislature that likes to take LSU (and other state universities) to the chopping block at budget time because other things must be totally funded as per the state constitution and numerous constitutional amendments that we as a population so blindly voted in favor for.
The purpose of Louisiana State University is to provide higher learning to the citizens of the state of Louisiana so that they can one day become productive citizens. It's purpose is not primarily to amuse certain people with athletics for 3.5 hours on 12-14 non consecutive Saturdays in primarily the Fall semester
Posted on 9/20/17 at 2:42 pm to boxcarbarney
quote:I went to lowly NLU, they drive me nutx. Of course, our situation is a little more dire.
Not the alumni association nor the school itself.
Posted on 9/20/17 at 2:44 pm to Golfer
quote:
LSU's Endowment Is Very Low
quote:
So instead of giving money to Alleva to mismanage we should give money to F King to mismanage. F that
Sigh...
The irony here too, is that a larger endowment would certainly lower the reliance on tax revenues for funding, and remove the crooked politics from the equation.
Posted on 9/20/17 at 2:44 pm to SaulGoodman
quote:
LSU Foundation (LSU's Endowment)
did you make that website?
you did a poor job.
Posted on 9/20/17 at 2:46 pm to SaulGoodman
I specifically don't donate to LSU because I want as little money as possible going to this state's government. I went to LSU and it's embarrassing how they handle their money.
Posted on 9/20/17 at 2:49 pm to SaulGoodman
quote:
Endowment
Not even reading the thread but 95% of people have no idea what this word means and what the number next to it entails
Posted on 9/20/17 at 2:53 pm to Jones
quote:read the thread and it's pretty accurate.
Not even reading the thread but 95% of people have no idea what this word means and what the number next to it entails
Posted on 9/20/17 at 2:53 pm to DrSteveBrule
quote:
I specifically don't donate to LSU because I want as little money as possible going to this state's government. I went to LSU and it's embarrassing how they handle their money.
You really do not know what you are talking about. The state does not get to touch that money in any way shape or form.
Posted on 9/20/17 at 3:12 pm to Golfer
quote:
Endowment funds are managed and distributed by the LSU Foundation. Not the University Administration.
The same LSU foundation that F King Alexander is heavily involved with and hired an ex Bobby Jindal appointee to be its president? Sounds trustworthy to me!
quote:
And nearly all endowed funds are established for specified accounts and purposes (e.g. scholarship w/ criteria, professorship, or a specific program such as Tiger Band
And the military also "establishes all of its funds for specific accounts" and has yearly and departmental budgets but they still spend $600 on a roll of duct tape. Not sure if you don't understand how bureaucratic dumbassery/corruption works or if you just want to be disagreeable
Posted on 9/20/17 at 3:14 pm to DrSteveBrule
quote:
specifically don't donate to LSU because I want as little money as possible going to this state's government. I went to LSU and it's embarrassing how they handle their money.
All three charitable entities at LSU are private, not for profit organizations that are not run by the state of Louisiana.
Posted on 9/20/17 at 3:41 pm to LSUgrad08112
quote:
The same LSU foundation that F King Alexander is heavily involved with and hired an ex Bobby Jindal appointee to be its president? Sounds trustworthy to me!
King Alexander has no oversight with the board of directors. And Stephen Moret left the LSU Foundation last year.
quote:
And the military also "establishes all of its funds for specific accounts" and has yearly and departmental budgets but they still spend $600 on a roll of duct tape. Not sure if you don't understand how bureaucratic dumbassery/corruption works or if you just want to be disagreeable
A family memeber of mine established an endowed scholarship. Every year we receive bios on the students, thank you notes, get to meet them, and receive an account statement with the amounts awarded to the students, invested back in, etc.
You're claiming these students are in on it?
This post was edited on 9/20/17 at 3:55 pm
Posted on 9/20/17 at 3:47 pm to Golfer
It appears that LSU Foundation donations also go towards your TAF points too. So there's that.
Posted on 9/20/17 at 3:50 pm to Golfer
If only the funding and management of the LSU system could be divorced from the uncertainties and excesses of politics...
This would take, literally, a Constitutional Amendment, but it would be worth it.
This would take, literally, a Constitutional Amendment, but it would be worth it.
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