The recent slump in the economy may have cost the government plenty of money, but the University’s fundraising hasn’t been hurt yet.The Alumni Association, the LSU Foundation and the Tiger Athletic Foundation, the three entities of the Forever LSU campaign for $750 million by 2010, have each reported no decline in donated funds since the financial crisis of September.Maj. Gen. Ron Richard, CEO of the Tiger Athletic Foundation, said philanthropic fundraising for TAF and sports ticket sales are up. “Right now, this is the best year the TAF has ever had,” Richard said. He said any sign of effects from the economic downturn on funds won’t be evident until the end of the first quarter for the next fiscal year — April 2009.——Contact Sarah Lawson at [email protected]
Forever LSU safe so far from unstable economy – 12:40 p.m.
October 28, 2008