[lbo-talk] that's Dr Oink to you!

[Michael McIntyre]

Most universities don't raise mega-bucks, but those who do have  
presidents who spend lots of time currying donors, and boards of  
trustees who pony up in large amounts.  I had just graduated from  
Washington University and was still working in their library when  
they started the first of the mega-campaigns (goal of $300 million;  
they actually raised $600 million).  A comrade who worked in the  
development office told me how Bill Danforth kicked off the  
campaign.  He walked into the Board of Trustees and said, "Here's my  
$30 million.  Where's yours?"  On the other end of the scale, the  
University of Chicago fell way behind in the fundraising game because  
Hannah Gray wouldn't or couldn't do it.  She eventually got fired for  
it, but the U of C didn't run it's first major mega-campaign until  
the 1990s, under Sonnenschein.

Michael McIntyre
mcintyremichael at mac.com

http://morbidsymptoms.blogspot.com

On Nov 19, 2006, at 8:03 PM, Miles Jackson wrote:


> Doug Henwood wrote, quoting a Financial Times article:
>
>> “The general rule of thumb is that when a president leaves,  
>> schools  lose two to three years of momentum in their fundraising  
>> activities  because donor relations have to re-established, so  
>> boards are  incenting presidents to stay,” she said.
>> ___________________________________
>> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
> This last point is dubious.  Presidents rarely have a direct role  
> in fundraising; often donor relations are nurtured and maintained  
> despite (not because of!) the college president.  Perhaps it's  
> different in research universities, but at community colleges the  
> loss of president has more or less no effect on donor relations,  
> because the donors have relations with various representatives of  
> the college, not just the president.  Moreover, presidents often  
> disrupt fundraising activities due to their own incompetence and/or  
> malfeasance.  --In sum: Apologists need to come up with some other  
> bogus excuses for the inflation of Presidents' salaries.
>
> Miles
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <../attachments/20061119/54dfeb5f/attachment.htm>