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Post Info TOPIC: C.L. OPINION--Foundations: College Board must take control
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C.L. OPINION--Foundations: College Board must take control
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Foundations: College Board must take control

http://www.clarionledger.com/apps/pbcs.dll/article?AID=/20070725/OPINION01/707250332/1008/OPINION

"The Legislature's watchdog Performance Evaluation and Expenditure Review Committee urging more oversight of university foundations is a suggestion both the Legislature and state College Board should heed."

Read the full PEER report on PDF:http://www.clarionledger.com/assets/pdf/D080186723.PDF

Among other issues, the report urges:

A prohibition against individuals serving on both foundations and affiliated organizations' boards of directors.

A prohibition against individuals serving on foundation boards that do business with organizations in which the individual has a financial interest.

That College Board staff be authorized to conduct reviews of any contracts between the universities and their affiliated organizations.

That each institution's executive officer approve any supplemental or additional compensation provided to any university employee. Notice of such approvals should be given to the College Board upon approval.

-- Edited by Reporter at 07:20, 2007-07-25

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