<HTML><BODY style="word-wrap: break-word; -khtml-nbsp-mode: space; -khtml-line-break: after-white-space; ">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.<DIV><BR class="khtml-block-placeholder"></DIV><DIV><BR class="khtml-block-placeholder"></DIV><DIV><DIV style="">Michael McIntyre</DIV><DIV style=""><A href="mailto:mcintyremichael@mac.com">mcintyremichael@mac.com</A></DIV><DIV style=""><FONT class="Apple-style-span" face="Helvetica" size="3"><SPAN class="Apple-style-span" style="font-size: 12px;"><FONT class="Apple-style-span" face="Times New Roman" size="4"><SPAN class="Apple-style-span" style="font-size: 14px;"><BR class="khtml-block-placeholder"></SPAN></FONT></SPAN></FONT></DIV><DIV style="font-family: Helvetica; font-size: 12px; "><A href="http://morbidsymptoms.blogspot.com">http://morbidsymptoms.blogspot.com</A></DIV><DIV style="font-family: Helvetica; font-size: 12px; "><FONT class="Apple-style-span" face="Helvetica" size="3"><SPAN class="Apple-style-span" style="font-size: 12px;"><BR class="khtml-block-placeholder"></SPAN></FONT></DIV></DIV><DIV><BR><DIV><DIV>On Nov 19, 2006, at 8:03 PM, Miles Jackson wrote:</DIV><BR class="Apple-interchange-newline"><BLOCKQUOTE type="cite"><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">Doug Henwood wrote, quoting a Financial Times article:</DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; min-height: 14px; "><BR></DIV> <BLOCKQUOTE type="cite"><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">“The general rule of thumb is that when a president leaves, schools<SPAN class="Apple-converted-space"> </SPAN>lose two to three years of momentum in their fundraising activities<SPAN class="Apple-converted-space"> </SPAN>because donor relations have to re-established, so boards are<SPAN class="Apple-converted-space"> </SPAN>incenting presidents to stay,” she said.</DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">___________________________________</DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><A href="http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk">http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk</A></DIV> </BLOCKQUOTE><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; min-height: 14px; "><BR></DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">This last point is dubious.<SPAN class="Apple-converted-space"> </SPAN>Presidents rarely have a direct role in fundraising; often donor relations are nurtured and maintained despite (not because of!) the college president.<SPAN class="Apple-converted-space"> </SPAN>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.<SPAN class="Apple-converted-space"> </SPAN>Moreover, presidents often disrupt fundraising activities due to their own incompetence and/or malfeasance.<SPAN class="Apple-converted-space"> </SPAN>--In sum: Apologists need to come up with some other bogus excuses for the inflation of Presidents' salaries.</DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; min-height: 14px; "><BR></DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">Miles</DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">___________________________________</DIV><DIV style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><A href="http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk">http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk</A></DIV> </BLOCKQUOTE></DIV><BR></DIV><BR><BR><DIV> <SPAN class="Apple-style-span" style="border-collapse: separate; border-spacing: 0px 0px; color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; text-align: auto; -khtml-text-decorations-in-effect: none; text-indent: 0px; -apple-text-size-adjust: auto; text-transform: none; orphans: 2; white-space: normal; widows: 2; word-spacing: 0px; "></SPAN></DIV><BR></BODY></HTML>