“VP for Development and Alumni Relations O. Richard Bundy III stepping down”

razpsu

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Oct 19, 2021
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Staff of 600. Don’t know how that would be possible for
Fundraising alone. They must have other duties for the university.
 

GrimReaper

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Oct 12, 2021
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OK, speculation, but.....nothing concrete. And did he not exceed the goal? Not sure how much money was left on the table, unless that table is a secret table that no one knows about.
Depends on the school and how they break down giving. Common to categorize it in three parts: annual giving, major gits, and campaigns. Some schools keep them separate, others combine them. And in some cases, schools that otherwise don't combine them will lump them into a campaign when the campaign isn't doing to well, at least for public consumption. Regardless, schools monitor how they're doing in each category.

Consider the iceberg as an analogy.
 
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Nits74

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Oct 19, 2021
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Michigan’s alumni are better regarded than PSU’s and same with Northwestern’s because of superior academics, although Northwestern is much smaller. Wisconsin probably is as well, again because of academic success. OSU not so much although it’s still quite large. PSU is always fundraising. As soon as one campaign ends, another begins with a different name and goal. They just slap another label on it. It’s hard to distinguish one from another. The data become sort of muddled.
Doesn't this apply to most other Big Ten schools these days?
 

BobPSU92

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Oct 12, 2021
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Michigan’s alumni are better regarded by michigan’s alumni than PSU’s and same with Northwestern’s because of superior academics, although Northwestern is much smaller. Wisconsin probably is as well, again because of academic success. OSU not so much although it’s still quite large. PSU is always fundraising. As soon as one campaign ends, another begins with a different name and goal. They just slap another label on it. It’s hard to distinguish one from another. The data become sort of muddled.

FIFY.
 

EPC FAN

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Oct 7, 2021
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Bundy is/was in charge of the department that raises money for PSU. Comparing this to Fundraising campaigns from other Big 10 Schools makes the Greater PSU campaign not look to good based on PSU's alumni base. However, from what I understand, this is the biggest PSU Fundraising campaign to date. A head scratcher because it looks like improvement to those on the outside looking in.
The Alumni who graduated 10 years ago were directly affected by the cowardice of the Board of Trustees.
My daughter makes well over $150K without any student loans, but has withdrawn from the Alumni Association and will not contribute to the University.
She, and her many friends, considered JoePa to be a grandfatherly figure, and are still appalled by his treatment at the hands of the BoT.
How many alums have the same position, right or wrong? The BoT has to fix that problem, to move forward.
 

TheBigUglies

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Oct 26, 2021
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The Alumni who graduated 10 years ago were directly affected by the cowardice of the Board of Trustees.
My daughter makes well over $150K without any student loans, but has withdrawn from the Alumni Association and will not contribute to the University.
She, and her many friends, considered JoePa to be a grandfatherly figure, and are still appalled by his treatment at the hands of the BoT.
How many alums have the same position, right or wrong? The BoT has to fix that problem, to move forward.
Right there with ya
 
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Nitwit

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Oct 12, 2021
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She could contribute to the Paterno Fellows program if she wants to honor the Paterno family. Sue and Mary Kay still support the program, and Mary Kay works for Penn State. It’s a great program and something Joe (and Sue) felt strongly about. But it’s her money I understand. It’s her way of making a statement.
 
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Waaaaaaaany

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Oct 13, 2021
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Among the long list of Bundy’s accomplishments in the article, this jumped out to me:

”For the past six years, Bundy has led a team of nearly 600 full-time professional staff members in the Penn State Alumni Association and the Office of University Development in advancing Penn State’s land-grant mission by engaging the University’s alumni and friends.”

600?! Does this include the people who call looking for donations? Still, 600?!

I wonder why he’s leaving.
Yeah that 600 stood out to me.....If you would have walked up to me and asked me to guess how many employees were involved in this, I would have guessed 30-40
 

BobPSU92

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Yeah that 600 stood out to me.....If you would have walked up to me and asked me to guess how many employees were involved in this, I would have guessed 30-40

Here are a couple metrics:

Dollars raised per employee tasked with dollar raising

Or,

Ratio of Dollars Raised to Dollars Spent Raising

I‘m guessing PSU isn’t the gold standard.

Whatever. The numerator needs to be bigger. Screw the denominator.
 

91Joe95

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Oct 6, 2021
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Here are a couple metrics:

Dollars raised per employee tasked with dollar raising

Or,

Ratio of Dollars Raised to Dollars Spent Raising

I‘m guessing PSU isn’t the gold standard.

Whatever. The numerator needs to be bigger. Screw the denominator.

You have to spend money to spend money.

What else are you going to do with it, reduce tuition? They throw you out of higher education for such seditious thoughts.
 

GrimReaper

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Oct 12, 2021
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Yeah that 600 stood out to me.....If you would have walked up to me and asked me to guess how many employees were involved in this, I would have guessed 30-40
If I had to guess, I would guess that most of them are students who man the phone lines begging for dollars. It's a common work-study job.
 

Evan Ceg

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Nov 1, 2021
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When I asked about 10 years ago there were about 130 staff employees in the Alumni Association. On the other side of the equation, every University college and major academic unit has 2-3 Development (fund raising) officers, plus several for each of the other 23 campuses plus central administration for Development. Add up Alumni Assn staff and University Development staff and you easily have several hundred, but 600 still sounds like a lot to me.

When Penn State is in the middle of a billion dollar plus campaign, the average daily goal is to raise a million dollars a day.
 
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BobPSU92

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Oct 12, 2021
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If I had to guess, I would guess that most of them are students who man the phone lines begging for dollars. It's a common work-study job.

The article says, “nearly 600 full-time employees”.
 

Nitwit

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Oct 12, 2021
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I don’t think those numbers add up. At 5 minutes per phone call, 600 full time employees would be making 57,600 phone calls per day. Every day? That can’t be right.
 

BW Lion

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Oct 14, 2021
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O. Richard Bundy III
What is it with artificially smug people who feel it necessary to abbreviate their first name with a single letter and spell out their middle names? 🤷🏼‍♂️

Did he learn this from O. Richard Bundy Jr and O. Richard Bundy Sr? 🙄
 
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