Pride
At the College of Business of the University of Southern Mississippi*
*From the point of view of one full professor
So, after tens of thousands of dollars of legal fees spent by the University to keep its "booze accounts" secret, what do we really know about The Foundation?
Tim Ryan, Executive Director of The Foundation says:
"I don't know of any control that the University has over the Foundation."
Money isn't given to the University; it's given to the Foundation.
[Compare the preceeding statements by Mr. Ryan with the following statements by Mr. Ryan.]
As an employee of the University of Southern Mississippi, I report directly to President Shelby Thames.
Salaries and beneifits of University Foundation employees are paid like any other staff or faculty member at the University.
The Foundation does not pay rent on the Honor House which is located on University property.
Honor House is University property.
The Foundation does not pay electricity on the building.
Richard Lambert, University Counsel and counsel for Mr. Ryan says:
Q: And are you appearing as Mr. Ryan’s personal attorney?”
A: by Mr. Lambert, “Yes, today yes.”
Q: “And are you appearing as counsel for the University, also?”
A: by Mr. Lambert, “In this deposition I am appearing for him and probably in the dual role for the University, too.”
A: by Mr. Lambert, "[Tim Ryan] has testified that the Foundation's employees are University employees and that's the only connection."
Continue
The University's Webpage says:
The Foundation serves as a fiduciary of all private funds donated to The University of Southern Mississippi.
Alumni and friends may make contributions to Southern Miss in a variety of ways and at various giving levels. The Foundation's role is to provide assistance and recognition to those who wish to support the university's mission of excellence.
http://www.usm.edu/foundation/giving_opp.html
It is the mission of The University of Southern Mississippi Foundation to be a service organization to raise funds for academic initiatives at The University of Southern Mississippi
http://www.usm.edu/ie/assessment%20docs/2004-2005/Administrative/President/Foundation0405.doc
Our core mission reflects taking PRIDE in all we do - Professionalism, Respect, Integrity, Discipline, Excellence
