Albany Foundation - Report

[Clickclack]

This was emailed today, thought it was an interesting read. 

 

https://www.alumni.albany.edu/s/1642/images/gid2/editor_documents/uaf_docs/foundationreport_2018_low_res.pdf?gid=2&pgid=61&sessionid=f7359b8b-009b-409c-af10-8a4f66eb4a00&cc=1

 

The $98 mill raised is actually up to $105 mill as of today according to the campaign page... https://www.albany.edu/thisisourtime/

 

This is probably a really stupid question but how are these resources allocated once the school gets them? Can any of the unspecified funds go towards...umm....say...SEFCU renovations?

Edited December 10, 2018 by Clickclack

[kikuria]

3 hours ago, Clickclack said:

This was emailed today, thought it was an interesting read. 

 

https://www.alumni.albany.edu/s/1642/images/gid2/editor_documents/uaf_docs/foundationreport_2018_low_res.pdf?gid=2&pgid=61&sessionid=f7359b8b-009b-409c-af10-8a4f66eb4a00&cc=1

 

The $98 mill raised is actually up to $105 mill as of today according to the campaign page... https://www.albany.edu/thisisourtime/

 

This is probably a really stupid question but how are these resources allocated once the school gets them? Can any of the unspecified funds go towards...umm....say...SEFCU renovations?

Answer: Of course they can!  I'll do you one better:  Why aren't they going towards SEFCU?!!

[Clickclack]

28 minutes ago, kikuria said:

Answer: Of course they can!  I'll do you one better:  Why aren't they going towards SEFCU?!!

I'll remind everyone that they already have $5mill+ for SEFCU renovation as specifically designated by the Casey gift. I've heard a number around $20mill needed for a complete gut and renovation similar to what SBU did on the Island. I've also heard unsubstantiated rumors but from a good source (in the past) that Benson at least a little while ago was still thinking a brand new arena. 

 

I'm still flabbergasted that they have managed to secure ONE HUNDRED AND FIVE MILLION DOLLARS...how long has this campaign gone on? This further underscores my personal belief that if Benson would only put something to the UAlbany community at large, a plan, a vision, a rendering, a campaign...ANYTHING...maybe people would rise to the occasion especially if it's a sensible plan. 

But like everything else in his tenure, nothing is communicated, there is no outward vision. 

Edited December 10, 2018 by Clickclack

[alum73]

It's been going on for quite awhile.  Campaigns are normally quiet until 50-60% of the goal has been received.  Then the public phase begins.  

[Clickclack]

Quick update on this...In December were at 105mil...