Many strings attached to Ilitch School of Business gift to WSU

**MikeyinBrooklyn** · August-08-16, 07:13 PM

Originally Posted by SpartanDawg

agree. another non story from that garbage website and garbage 'blogger' [[still refuse to call him a journalist).

moving on.

Charitable donations of significant amounts almost always have substantial stipulations, to prevent money either being squandered or misappropriated.

I once had a party [[that I catered) for a Knights of Columbus meeting. An actual fistfight broke out over a $10,000 scholarship donation. I've broken up fights between drunks and a-holes in my career, but I never thought I would need to do so for 70-something KofC members. The reason for the fight was that the man who gave the money had stipulated that it be dedicated to math accomplishment, and the KofC had given away the money for general scholarship.

**Wesley Mouch** · August-08-16, 07:29 PM

Our very important public higher education world would be far better if this particular clause were widely used:

If construction is late and the building is not “materially complete” by Sept. 1, 2018, the Ilitch family may impose significant penalties by reducing the $5 million endowment by $1 million. If construction isn’t complete by January 2019, the endowment will be reduced by $2.5 million, and if it is not complete by September of 2019, the Ilitch family may “eliminate the endowment entirely,” change the lease or “terminate this agreement and the lease” on land that is owned by the Ilitch family, not the university.

The Trump translation would be 'if you want my money, you can be responsible in getting this done -- and not let the budget and schedule go wild'.

Fine clause.

Do you think the U is gonna make sure its done on time? You bet.

**noise** · August-09-16, 07:08 AM

Originally Posted by Wesley Mouch

Our very important public higher education world would be far better if this particular clause were widely used:

The Trump translation would be 'if you want my money, you can be responsible in getting this done -- and not let the budget and schedule go wild'.

Fine clause.

Do you think the U is gonna make sure its done on time? You bet.

Is this really a problem in the "public higher education world"? More so than other aspects of society?

**Wesley Mouch** · August-13-16, 09:39 PM

Originally Posted by noise

Is this really a problem in the "public higher education world"? More so than other aspects of society?

OMG yes. Watch Ilitch and how his team watch their project - - and compare that to Ficano and the new Jail for one example.

**noise** · August-16-16, 01:16 PM

Originally Posted by Wesley Mouch

OMG yes. Watch Ilitch and how his team watch their project - - and compare that to Ficano and the new Jail for one example.

Ficano and the new jail are not part of the "public higher education world".

**Hermod** · August-16-16, 06:05 PM

Originally Posted by noise

Ficano and the new jail are not part of the "public higher education world".

You think educators are better managers than political hacks? We have a real scandal here in Broward County on tons of money spent to upgrade schools and they are still leaking and full of mold.

**noise** · August-17-16, 07:19 AM

Originally Posted by Hermod

You think educators are better managers than political hacks? We have a real scandal here in Broward County on tons of money spent to upgrade schools and they are still leaking and full of mold.

Not necessarily, but that's not the question or the topic. Back to the original topic, I'm interested in problems related to the "public higher education world" and lateness with construction projects.

**Wesley Mouch** · August-16-16, 08:07 PM

Originally Posted by noise

Ficano and the new jail are not part of the "public higher education world".

Never said they were [[and certainly didn't intend if I did).

Ficano & the New Jailers = public construction project

Ilitch & the HQ = private construction

Which one do you think will get this done closer to on-time and on-budget? F&NJ or I&HQ?

**noise** · August-17-16, 07:17 AM

Originally Posted by Wesley Mouch

Never said they were [[and certainly didn't intend if I did).

Ficano & the New Jailers = public construction project

Ilitch & the HQ = private construction

Which one do you think will get this done closer to on-time and on-budget? F&NJ or I&HQ?

You claimed this clause would improve the "public higher education world".

I'm honestly curious as to why that's the case, especially in comparison to other sectors. I'm interested in rampant lateness with public higher ed construction projects.

I am truly curious. We may just be misunderstanding one another.