It sounds good, doesn't it? I thought so. That's why my wife and I endowed a scholarship. However, like others who have endowed scholarships, and who have contacted me over the past few weeks, it seems a number of scholarships (including mine) have not been awarded in several years. As donors we have in common an inability to get an answer to our questions about the scholarships we have endowed. Of course, according to the University's counsel, Paul Richard Lambert, the information is confidential even from the donors.
However, on closer look at The Operating Agreement between USM and USM's Foundation, a question rises to the surface from the obscure and contradictory language: Could there be a better structure than the Foundation to allow administrators to access their private booze accounts in secret, while publicly professing to "educate the best and brightest students," all without the nuisance of accountability?
D. Harold Doty, Dean, College of Business Administration