Gulf Coast Bank National Signing Day Party

[ChanceEncounter]

_ Sounds like a weak excuse not to donate to me. Honestly I don't care if it's part of the foundation or not as long as if serves it's purpose.
I have made several very pointed donations thru the foundation to specific sports. EVERY SINGE ONE of them went where I requested. If it works that way I will be happy with it. _

You admit it has been up to you so far. With an integrated Foundation the zeal will taper off and the drives will stall. The working members of the Foundation cannot serve two masters, I am sure you agree we cannot have anonymity any longer.

[HOUCajun]

_ You admit it has been up to you so far. With an integrated Foundation the zeal will taper off and the drives will stall. The working members of the Foundation cannot serve two masters, I am sure you agree we cannot have anonymity any longer. _

I admitted nothing! I wanted to give to a sport and I did. Period. I do agree there would need to be people at the foundation dedicated to athletics fundraising.

[MetryCajun]

_ If RCAF is part of the UL Foundation it will be just like it was under Dr. Authement, another bank account with no focus. _

Is this an opinion or do you know for a fact donations can be moved to other areas? It sound to me if UL moved funds from RCAF to the Foundation, there would be grounds for a lawsuit.

[CajunProud]

_ I heard from an unreliable source that the unconfirmed large announcement will be Bustle getting a lifetime contract from the school.

Congrats Ricky! _

Makes sense. He has brought back the tradition and glory days of UL football.

[MetryCajun]

_ You admit it has been up to you so far. With an integrated Foundation the zeal will taper off and the drives will stall. The working members of the Foundation cannot serve two masters, I am sure you agree we cannot have anonymity any longer. _

I actually see a better chance of raising funds through an existing foundadtion rather than starting up something new. I agree with HouCajun though that you will need some staff dedicated to the RCAF.

[ChanceEncounter]

_ I admitted nothing! I wanted to give to a sport and I did. Period.

To me that is admitting it was up to you, so how did they approach you to give?

[ChanceEncounter]

_ Is this an opinion or do you know for a fact donations can be moved to other areas? It sound to me if UL moved funds from RCAF to the Foundation, there would be grounds for a lawsuit. _

I don't think money gets moved around. I do think money has to be asked for 365/12/7/24 or it gets stale in the donors pocket. The UL Foundation and RCAF need to be competing against each other. It is of little good if they focus on Academics for one drive and in a couple months focus on Athletics.

[Boomer]

I here you ---Only I can direct the monies that have accumulated in the UL Foundation in my account---- If this is the policy AND IF IT SAVES OPERATION COSTS---why not!!!!

[rhineaux]

For RCAF to be successful it needs to be completely unhinged from the UL Foundation. Completely separate or it will be useless.

I've heard this argument a few times as well, and more often than not it had something to do with the "public" not trusting the previous administration. The other thing would be that if it's run completely through the ULF, then there would likely be less influence by the outside, i.e. all those business types that J1M is always talking about. I don't know if it would be as big of a problem because of where within the Ath Dept the monies would be allocated, but more of whether or not they would be spent. Plus, without that transparency, it makes it that much tougher for folks to solicit more donations from people who may still be buying into the perceptions of old.

My take is that the two should be combined to the extent that there's no repitition, but also that there's no confusion about which one does which. For example, there's no need to hire a second staff to do the same things that the first staff did, perhaps just hire a couple extra folks or some interns to help with the extra workload where needed. A whole other staff would be a waste of funds for now. In the future, that could change and the RCAF might need it's own staff. Also, the RCAF should have it's own website, it's own phone numbers, and even maybe a different mailing address. If someone is thinking about giving, and they have to go to the ULF site to do so, then half will close the window because of the trouble, and the other half will close the window because of all the negative pub the ULF had/has recieved.

_ I don't think money gets moved around. _

This is partly true. I think that if you donate money and tag it for a certain team, department, college, etc, then it has to be sent there. However, that was only for the initial donation. Often times, donations are made towards a specific endowment. Those endowments vest at 5% per year. So that means that the Department that benefits from that endowment, whether it be for scholarships, professorships, general needs, etc, can spend 5% of the overall value of that endowment per academic year. But what RA did was that if any of that 5% went unspent, he would "spend it" for you and remove it from the endowment, and place it where ever he wanted, instead of allowing the remaining funds to return to the endowment. The worst part about all of that is that RA was such a micromanager, he had to approve every penny that was removed from the endowments and new exactly where everything was going. In fact, my prof told me that once, not very long ago, near the end of the spring semester, he requested the remaining funds for something (I don't remember what), and being that it had to be approved by RA, and being that there was only a few weeks left in the semester before the funds reverted to RA's location du jour, the request was denied, and the department lost those funds forever.

So, while an initial donation will always go to the place it was intended, that doesn't always mean, or I should say, that DIDN'T always mean, that the intended donee got to benefit from that donation. Once JS took over in the summer, it didn't take very long for things like that, and other cumbersome issues in the ULF, to be tended to and corrected. In fact, when my prof and I talked last in Oct, he said that in just those few months, the difference in how the school was being run was already easily noticable, like night and day.

[CajunDreDog]

My sources have told me that somewhere between 2013-2017 will be SWEET for the Cajuns and us fans!
















Until then, it will be much of the same....















After 2017, it will be back to this again until 2043.