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LSU breaks annual donor support record at $193 million

Posted on 8/4/15 at 2:21 am
Posted by tigerbait2010
PNW
Member since May 2006
33860 posts
Posted on 8/4/15 at 2:21 am
I don't credit Alexander and his fear mongering bs for the success, but it's exciting to see nonetheless.






LINK
Posted by blue_morrison
Member since Jan 2013
5965 posts
Posted on 8/4/15 at 2:35 am to
Does this mean football can start back up? RIGHT ON!
Posted by tigerbait2010
PNW
Member since May 2006
33860 posts
Posted on 8/4/15 at 2:43 am to
We've got lights in the stadium again!
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
27004 posts
Posted on 8/4/15 at 6:02 am to
Posted by brewhan davey
Audubon Place
Member since Sep 2010
33408 posts
Posted on 8/4/15 at 6:14 am to
quote:

We've got lights in the stadium again!


Great! Now they finally have the funding they need to take down that PVC pipe.
Posted by TDsngumbo
Member since Oct 2011
51658 posts
Posted on 8/4/15 at 6:47 am to
So if they received no funding cuts this year AND received the largest donor support in history, that means they actually are enjoying a budget surplus and will be just fine.

Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70474 posts
Posted on 8/4/15 at 6:53 am to
So will parking fines go down if they dont need the money?


Disclaimer: i havent been on campus during school hours in about 10 years so i have no clue how parking tickets are now. But when i was a student if you had a split second thought about parking illegally you magically had a ticket on your windshield. I actually got a ticket while i was in the car talking to an lsu facility service employee. fricking parking nazi put that shite on my car anyway.
Posted by lsucoonass
shreveport and east texas
Member since Nov 2003
70143 posts
Posted on 8/4/15 at 7:00 am to
nah i doubt that parking tickets go down.

they sure as hell dont have as many visitor parking spots like they did 10 years ago when i was in undergrad
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 8/4/15 at 7:53 am to
I drove through campus this past weekend and was shocked at how much the school has changed since I graduated in 2009. I sure wish the school was as "broke" as it is now when I was in school!
Posted by hawkster
Member since Aug 2010
6306 posts
Posted on 8/4/15 at 8:42 am to
The greedy,entitled, pompous asses who run and live off of LSU will go through that money in mere weeks.
Posted by Hankg
Member since Feb 2011
640 posts
Posted on 8/4/15 at 8:49 am to
Well then maybe they can give poor Alexander a pay raise. The poor man only makes $600,000 a year now.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 8/4/15 at 8:54 am to
Well most these gifts are for labs, infrastructure, endowed scholarships, etc.

It's not like there's $190 million sitting in a bank account for President Alexander to go on a shopping spree with.
This post was edited on 8/4/15 at 8:55 am
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 8/4/15 at 8:59 am to
quote:

•$83.8 million directly to LSU, largely comprising LSU’s largest in-kind gift ever, premier geoscience and engineering software valued at $62 million


Can that $62 million be monetized? If not, it's not worth the $62 million obviously.
Posted by icegator337
Lafayette
Member since Jan 2013
3757 posts
Posted on 8/4/15 at 9:03 am to
quote:

Can that $62 million be monetized? If not, it's not worth the $62 million obviously.


No, and I wouldn't view receiving top of the line equipment for our geoscience and engineering departments as a bad thing.

If it could be monetized our administration would undoubtedly frick it up and hurt two of the more important departments
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 8/4/15 at 9:08 am to
quote:

No, and I wouldn't view receiving top of the line equipment for our geoscience and engineering departments as a bad thing.


Yeah, I don't see it as a bad thing at all.

Just making the point that of the contributions almost 1/3rd seems like a made up number. I mean would this software company really get $62 million on the open market for their product(s) donated to LSU?
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 8/4/15 at 9:10 am to
quote:

If it could be monetized our administration would undoubtedly frick it up and hurt two of the more important departments


This is actually a very good point. Better to contribute hard assets than have the administration spend it on "conferences", "meetings", and "business expenses".
Posted by icegator337
Lafayette
Member since Jan 2013
3757 posts
Posted on 8/4/15 at 9:14 am to
I would assume it works better that way for them when dealing with tax credits and its obviously a good thing for the university
Posted by dewster
Chicago
Member since Aug 2006
26628 posts
Posted on 8/4/15 at 9:19 am to
Unfortunately they have a long way to go still.
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