FC: College Donations: Philanthropy No More by Jay Paterno

[StamfordBridgeVikingatLeftOffensiveTackle]

Jay with the solemn and pointed lead in - “Am I therefore to become your enemy because I tell you the truth?” –St. Paul to the Galatians. For the most part, he'll be preaching to the choir here. What say you all?

College Donations: Philanthropy No More

“Am I therefore to become your enemy because I tell you the truth?” –St. Paul to the Galatians. Last year I was talking with a friend who’d done well in

www.statecollege.com

 

[PSUFTG2]

Jay with the solemn and pointed lead in - “Am I therefore to become your enemy because I tell you the truth?” –St. Paul to the Galatians. For the most part, he'll be preaching to the choir here. What say you all?

College Donations: Philanthropy No More

“Am I therefore to become your enemy because I tell you the truth?” –St. Paul to the Galatians. Last year I was talking with a friend who’d done well in

www.statecollege.com

A bit late to the game (and a bit shy on speaking out on the underlying issues), but 100% correct.

 

[BobPSU92]

Blah blah. Penn State wants our money, not our two cents. Give early, often, and in large sums.

 

[razpsu]

Jay with the solemn and pointed lead in - “Am I therefore to become your enemy because I tell you the truth?” –St. Paul to the Galatians. For the most part, he'll be preaching to the choir here. What say you all?

College Donations: Philanthropy No More

“Am I therefore to become your enemy because I tell you the truth?” –St. Paul to the Galatians. Last year I was talking with a friend who’d done well in

www.statecollege.com

You made me click on a jay paterno article. Ugh! Damn!

 

[TheBigUglies]

Blah blah. Penn State wants our money, not our two cents. Give early, often, and in large sums.

It's been that way since the 80s. All about the money and they could care less about who gave it unless they can give more.

 

[TiogaLion]

A bit late to the game (and a bit shy on speaking out on the underlying issues), but 100% correct.

A couple of thoughts on the article; Jay is a very good writer and if Jay believes what he wrote why doesn't his voting record on the board reflect that belief?

 

[PSUFTG2]

It's been that way since the 80s. All about the money and they could care less about who gave it unless they can give more.

True. But "back then" we raised money at rates comparable to our peers (or better).

Now, PSU is sucking exhaust fumes

 

[StamfordBridgeVikingatLeftOffensiveTackle]

You made me click on a jay paterno article. Ugh! Damn!

 

[psuro]

True. But "back then" we raised money at rates comparable to our peers (or better).

Now, PSU is sucking exhaust fumes

View attachment 564467

UCLA getting Hollywood money?

 

[BobPSU92]

True. But "back then" we raised money at rates comparable to our peers (or better).

Now, PSU is sucking exhaust fumes

View attachment 564467

I wonder what Penn State could do to help restore donation levels?

Or more apt, I wonder what Penn State should have done 12 years ago.

F*ck us.

 

[StamfordBridgeVikingatLeftOffensiveTackle]

I wonder what Penn State could do to help restore donation levels?

Or more apt, I wonder what Penn State should have done 12 years ago.

F*ck us.

Bob, PSU has to reach out to well-heeled alums like yourself, otherwise PSU is doomed. You should give it some thought on the private plane flights you take from Alpine, NJ to your Amalfi Coast villa.

 

[razpsu]

Psu is the only school that doesn’t help with tuition. Maybe if they fixed that it would help alumni give somewhere else.

also fafsa hasn’t been released yet so millions do not know where they will be going to school or if they get help. Gov like bloated psu can’t manage money well.

 

[TheBigUglies]

I wonder what Penn State could do to help restore donation levels?

Or more apt, I wonder what Penn State should have done 12 years ago.

F*ck us.

Thought the same thing. Fecking dumb arses. I think we all predicted this when the shiite hit the fan.

 

[leinbacker]

You made me click on a jay paterno article. Ugh! Damn!

I know, I thought this was gonna be about the Galatians.

 

[BobPSU92]

Bob, PSU has to reach out to well-heeled alums like yourself, otherwise PSU is doomed. You should give it some thought on the private plane flights you take from Alpine, NJ to your Amalfi Coast villa.

I love Dear Old State, but I must maintain my comfortable, lavish lifestyle. Hell. How am I not a trustee?

 

[Midnighter]

Harvard is running out of things to name after their donors.

 

[Manofsteel200]

It would be an interesting poll of alumni
1. Do you give $ to PSu? Yes or no.
2. If you do not give why?

 

[Midnighter]

It would be an interesting poll of alumni
1. Do you give $ to PSu? Yes or no.
2. If you do not give why?

1. No.
2. We give to my wife’s school (undergrad) since they gave her a hefty academic scholarship.

 

[bdgan]

It would be an interesting poll of alumni
1. Do you give $ to PSu? Yes or no.
2. If you do not give why?

I don't give to either of my colleges just like I don't give to politicians.

At one time I was inclined to give to PSU because the institution had a positive impact on my life but my feelings have changed.

 

[Nitt1300]

It would be an interesting poll of alumni
1. Do you give $ to PSu? Yes or no.
2. If you do not give why?

1. NO- hell no
2. Do you really have to ask?

 

[Achowalogan]

I love Dear Old State, but I must maintain my comfortable, lavish lifestyle. Hell. How am I not a trustee?

It would be an interesting poll of alumni
1. Do you give $ to PSu? Yes or no.
2. If you do not give why?

No, not now. Gave every year for over 30 years til 11.9/11…

 

[marshall23]

I know, I thought this was gonna be about the Galatians.

I'm sure Sweaty Surma, Karen with flies on her, Tsar Ira , Spuds etc. Are suffering for their heroic service to PSU.

 

[marshall23]

I love Dear Old State, but I must maintain my comfortable, lavish lifestyle. Hell. How am I not a trustee?

Do you mean detainee?

 

[BobPSU92]

Harvard is running out of things to name after their donors.

Neeli should commission Penn State IT to launch a cyber attack on Harvard with a ransom of a few billion dollars.

 

[GrimReaper]

Neeli should commission Penn State IT to launch a cyber attack on Harvard with a ransom of a few billion dollars.

If successful. the question then becomes: which takes longer, for Harvard to miss it or Penn State to blow through it?,

 

[PSU Mike]

If successful. the question then becomes: which takes longer, for Harvard to miss it or Penn State to blow through it?,

Harvard would figure it out in <48 hours, which is the longer of the two timelines.

 

[Midnighter]

Harvard would figure it out in <48 hours, which is the longer of the two timelines.

Think Stanford commissioned a study on how best to spend their massive endowment. Nice problem to have.

 

[Bvillebaron]

You made me click on a jay paterno article. Ugh! Damn!

Yeah must have held a gun to your head, huh?

 

[Midnighter]

I think Jay fails to thread the needle here because he's confusing the long term strategy of giving that is philanthropy versus the more immediate, urgent short term need that is charity. Giving to Harvard or Princeton (or Penn State) has never been charity; it's always been philanthropy (and probably not as altruistic as charity). His point is well taken though when schools like Penn State ask for money, they're not always looking to put it to urgent, charitable needs (such as scholarships) but rather shiny new toys.

 

[BobPSU92]

If successful. the question then becomes: which takes longer, for Harvard to miss it or Penn State to blow through it?,

George is Penn State, Susan is Harvard.

 

[PSU Mike]

Think Stanford commissioned a study on how best to spend their massive endowment. Nice problem to have.

I personally have no experience or idea how to manage a massive endowment.

 

[PSUSignore]

That John Mulaney bit linked in the article is fantastic.

 

[BobPSU92]

I personally have no experience or idea how to manage a massive endowment.

I have no first hand experience with a massive endowment.

 

[step.eng69]

Flip has great legs for a guy

 

[SleepyLion]

This quote had me thinking,
"It’s hard for them to take us seriously when we say we need money for scholarships and facilities."

Who are "them", "us", and "we"?

"Them" are obviously not "us" and "we". And "us" and "we" are Jay and who else? Who is hanging out with Jay, asking people for money that now he is an "us" or "we".

Is it the other trustees?

 

[EPC FAN]

You made me click on a jay paterno article. Ugh! Damn!

I wonder what Penn State could do to help restore donation levels?

Or more apt, I wonder what Penn State should have done 12 years ago.

F*ck us.

I’ll go way out on a limb here, Bob. Second one first. They should NOT have thrown Joseph Vincent Paterno under The Acela.
They should honor his 61 years at the University through Suzanne Pohland Paterno. Anything less will continue the donation drought.

 

[BobPSU92]

I’ll go way out on a limb here, Bob. Second one first. They should NOT have thrown Joseph Vincent Paterno under The Acela.
They should honor his 61 years at the University through Suzanne Pohland Paterno. Anything less will continue the donation drought.

You may be on to something.

 

[DELion]

It would be an interesting poll of alumni
1. Do you give $ to PSu? Yes or no.
2. If you do not give why?

1. No, not any more. and never again. I gave annually for over 30 years, even endowed a scholarship. Wasn't happy about the JVP situation but continued donating because I figured that's what Joe would have wanted.
2. I stopped all donations to PSU a couple years ago when they politicized the university endowment. Pissing off half of your donor base is an incredibly stupid strategy. Go woke, go broke.

 

[Anon1648262989]

Blah blah. Penn State wants our money, not our two cents. Give early, often, and in large sums.

So, they can throw money at cribbage or fly fishing and fly them all over the country. Brilliant. Welfare for club type sports to be varsity sports never goes away. Make money support yourself then we can talk.

 

[GulfCoastLion]

1. No, not any more. and never again. I gave annually for over 30 years, even endowed a scholarship. Wasn't happy about the JVP situation but continued donating because I figured that's what Joe would have wanted.
2. I stopped all donations to PSU a couple years ago when they politicized the university endowment. Pissing off half of your donor base is an incredibly stupid strategy. Go woke, go broke.

The framing/scapegoating of JVP by the BOT’s and subsequent ‘installed’ regime continues to linger with deep pocket/baby boomer alums/doners IMO ~ yet still no legit review of the ridiculous bought & paid for Freeh report (thank you NOT President Barron).
Sorry for the rant. They can try to sweep it under the rug forever and wait for the newer generations to start giving more I suppose, but the stench continues more than a decade later.