87° Partly Cloudy
See complete forecast
By Theresa Freed
June 10, 2010
Comment on this
KU donors Tom and Julie Kivisto are behind on their $1M payment to the athletic department they had agreed to in their pledge. The field at Memorial Stadium is named for the couple.
Copy and paste the link:
This report is mind-boggling. IMO there are two remarkable issues here. First, the undeniable breach of confidentiality that exposes what should have been closely held donor information. Every not-for-profit like the Williams Fund or the KUEA must deal with the status of pledges, just like any business handles its receivables. But, to have that publicly exposed not only causes donors embarrassment and alarm--even for those whose pledges are current--it also raises questions among prospective donors who would be dissuaded from supporting KU.
Then, piling on the Kivisto's is sport for those sitting in glass houses. Are YOU willing to contribute the $4mm to KU so the money can be returned to Kivisto's? Really, do you think their financial and legal woes were part of an intentional business strategy? The problems in Tulsa and elswhere related to that family will play out, so let's leave it alone. For bonafide KU supporters, this is a time that calls for unity and positive results, not cheap shots. What comes next for KU is still in the hands of those some of you are sharply criticizing; think about that.
I am shocked and disappointed in whoever released that donor information AND also in the LJW for stooping so low to publish this article. There is much to do, much to repair right now at KU, and we alumni, the students, Lawrence--and even the LJW-- will suffer considerably if KU suffers. Step up!
Commenting has been disabled for this item.
URL Paste this into an e-mail or IM
Embed Paste this into your blog or website
June 10, 2010
Lew Perkins set to resign in year's time June 10, 2010
Retirement announced amid controversy June 10, 2010
Perkins accomplished much so far at KU June 10, 2010
Big 12 future up in the air June 10, 2010
KU donors behind on payments June 10, 2010
Overnight weather for June 11, 2010 June 10, 2010
Downtown business raided again June 10, 2010
Conference questions still unanswered June 10, 2010
Perkins vows to work on conference issues June 10, 2010
Bill Self reacts to Perkins' resignation June 10, 2010
Find more businesses on Marketplace
Arts & Entertainment ·