SanDiegoWolverine

August 5th, 2020 at 8:07 PM ^

Can't any of the endowment be used as a rainy day fund? When schools collect small donations from alumni it's not like there are stipulations. Can't money from small donors be used for whatever? Or couldn't they call up some of their wealthy  previous donors and as if their money could be used to help stabilize a school's budget in the time of crisis?

B-Nut-GoBlue

August 5th, 2020 at 3:23 PM ^

“I didn’t either. I did know that Larry was going to investigate putting together a loan. I guess he went with Raine. I hope the terms reflect work and not a finder’s fee that is outside the norm.”

lulz Larry Scott is gettin' his I can guarantee you that!