Gunslinger reports

i cannot provide you with a copy of a public audit. maybe dr. dupree's foia request will turn something up.

Your post raises a couple of issues. First, some information. It turns out that KPMG did an audit of the foundation. However, the bottom line of the audit was that the Foundation’s records followed acceptable General Accounting Practices. What was not audited was how closely the Foundation followed the agreements made with donors on the use of funds, which is the concern of many donors, and those who are the benefactors of the targets donations. There are many faculty who will tell you that those monies have not been spent on scholarships as was intended by the donor. This has led some previous donors to cease giving money, a situation that USM can ill-afford. There is at least one donor who has given large sums in the past who will not give again so long as SFT is President. Who used the funds and for what purpose is not known, and given the condition of the Foundation records may be hard to piece together. This is partly why a reverse audit has been commissioned. Since you are a big fan of SFT, I can say that no one knows if SFT approved spending this money for other than what was promised by USM. It may be deans and chairs. I also agree with you that the Foundation was not run well under previous Presidents, but during their tenure the money for scholarships went to students. I would further suggest that if SFT had not wasted his time and many resources on firing two professors, he would have had more time to delve into issues such as a badly run foundation. You may differ, but I do not think he cared about how the foundation operated so long as he had access to money when he needed it.

It is curious that you mention professor Dupree’s request. Why would a university not provide the information without a foia request? He is a donor to the foundation and so am I. Do you not have a problem when a university will not share with its donors where their money is going? Since your view of me has been articulated well in a previous post, perhaps you could tell me why and how SFT has generate such loyalty from you. I suspect it would interest many other posters also.