Reply to thread

Message: [QUOTE="DPCuse, post: 471256, member: 1309"] Anyone connected enough to know if all this SU fball turmoil is getting any rich alums to step up to the plate and throw some bucks at the facilities? I know the way these games are played. Universities will borrow if they know they have unconditional promises to give (irrevocable trusts) when donors pass. So if a donor is afraid to part with their millions during their lifetime, they can put it in a trust and leave it to SU upon their death. SU knowing they have millions coming down the road could decide to borrow the funds now in this low interest rate environment and pay it off with the proceeds from the trusts down the road. Although this isn't anything new. I'm sure SU has attempted this and it doesn't sound like it's gone well. [/QUOTE]