Money trail for UofL Trustees: one-sided support for one school

Follow the money, they said. So we did.

Any concerns of University of Louisville supporters about possible relationships between some UofL Trustees and the University of Kentucky appear to be misplaced.  The financial ties are minimal at best based on actual giving patterns.

Lifetime contributions to UofL from the trustees dwarf the giving to UK, with Louisville institution receiving a total of $30.5 million in overall financial gifts as compared to $1.6 million to the Lexington school. That’s according to the responses of UofL and UK to open records requests from Card Game.

A request was submitted to the University of Kentucky Alumni Department and Office of Philanthropy following our recent publication of a list of trustee donations to UofL that prompted some concern about possible UK bias on the board. The UofL records were through August, the UK results were through last week. Here are the results (click on the list to enlarge).

Gifts to the athletics programs from the trustees included $19.2 million to UofL and $72,660 to Kentucky. The bulk of contributions to UofL athletics was from John Schnatter for naming rights to Papa John’s Cardinal Stadium. Four other trustees have given a total of $82,000 to UofL athletics, including David Grissom, James Rogers, Sandra Frazier and Ronald Wright.

Only two UofL trustees have contributed to UK athletics, including donations of $64,150 from Schnatter and $8,510 from Brian Cromer.

UofL also receives a much higher percentage of trustee giving to the universities, with Louisville getting $11.2 million from 11 members, compared to Kentucky receiving $1.55 million from four members of the UofL board.

Academic gifts to UofL included $5.7 million from Schnatter, $5.3 million from Frazier, $108,047 from Grissom, $25,650 from Dianne Medley, and $4,748 from Enid Trucious-Hayes. Gifts of $700 or less have come from William Armstrong, Raymond Burse, Vishnu Tirumula, James Rogers and Cromer.

Brian Cromer, a UK grad who voted against firing Tom Jurich as Athletic Director, is the only UofL Trustee who has given more to UK than Louisville.

— Cromer, a UK grad, voted against firing Tom Jurich at the Oct. 10 meeting of the UofL Board. As stated above, he has given $8,510 to UK athletics but none to UofL athletics. He has given $285 to UK for academics and $75 to UofL for academics.

— William Armstrong, another UK graduate, has given $640 to UofL, all of it for academics, while giving nothing to Kentucky. Bonita Black, the third UK grad on the board, has not made any contributions to either university.

— James Roger, the UofL product who made the motion to fire Jurich, has given $50,350 to UofL athletics and $100 to academics.

— Nitin Sahney, the University of Punjab, India graduate, also has not contributed any money to either school.

— The list of Schnatter contributions to UK academics includes $5,000 to the Kentucky Children’s Hospital. All of his gifts come under the auspices of the Schnatter Family Foundation.

— Of Grissom’s $350 in gifts to UK academics, a total of $250 was to the Sanders-Brown Center for Aging.

If following the money is the key to discerning the motives of the trustees, they are obviously more prone to supporting UofL than UK — at least among those who are making actual contributions. If the theory is true, the collective loyalty of the members heavily leans in the direction of UofL.

There is, however, a significant disparity between the top five givers and the rest of the board, with several members seemingly needing to loosen the grips on their purse strings. Board membership should include a strong commitment to supporting UofL’s financial well-being. That would eliminate any questions about loyalties.

Contributions to athletics by UofL Trustees are weak

Fans who may be apprehensive about future support for athletics from the University of Louisville trustees may have reason to be concerned. The levels of giving range from generous in some cases to abysmal in others.

And apparently giving back to academics is way down on their list of personal priorities.

That’s according to a report obtained from UofL by Card Game through an open records request. The report includes lifetime giving for academics and athletics through August 9th — and it does not differentiate between personal and corporate giving.

The vast majority of trustees have been tightfisted in their financial support, especially in athletics. In fact, eight of the 13 trustees have never donated anything to the athletic program. Overall giving to academics was worse although 11 trustees have made donations. Two of them had yet to give anything to UofL.

There are some notable exceptions, with John Schnatter, through his company’s name brand sponsorship of Papa John’s Cardinal Stadium, receiving credit for a total of $19.1 million-plus for athletics and another $5.7 million-plus for academics.

Sandra Frazier, the owner of Tandem Communications, has contributed $5.3 million-plus to academics and $10,350 to athletics. She is, of course, the niece of Owsley B. Frazier, who was a multi-million contributor to numerous programs throughout the university, including athletics.

Interesting that J. David Grissom, chairman of Glenview Trust and chairman of the board of trustees, is among the leading contributors to athletics at a sum of $20,000. His financial support for academics, meanwhile, comes in at $108,047. Not all that generous for one of the community’s most successful investors, especially one who graduated from UofL’s law school.

James Rogers, retired chief operating officer of J.J.B. Hilliard, W.L. Lyons Inc. and an advisor to other investment funds, has given $50,350 to athletics. Rogers, a UofL grad, is also a member of the University of Louisville Athletic Association.

The only other trustee who had contributed to athletics was Ronald B. Wright, a physician who had made $1,500 in donations to athletics. A graduate of UofL Medical School, he practices obstetrics and gynecology in Jeffersonville.

Eight trustees — a group consisting of Bonita Black, Brian Cromer, William Armstrong, Raymond Burse, Nitin Sahney, Enid Trucious-Haynes, Diane Medley and Vishnu Tirumala — have given no money to athletics.

— Armstrong and Cromer are graduates of the University of Kentucky, having given $640 and $75 to academics.  Armstrong is a personnel analyst in UofL’s Department of Surgery. Cromer is a partner at Stites & Harbison law firm.

— Medley, who founded MCM CPA’s in Louisville, has contributed $25,650 to academics. She’s a UofL graduate, valedictorian of her class.

— Trucious-Haynes, a faculty member in the UofL School of Law, has given $4,748 to academics. She’s a Stanford grad.

— Burse, who served briefly as President at Kentucky State University, has given $520 to academics.

— Vishnu Tirumala, who is President of UofL’s Student Government, has given $356 to academics.

Two trustees — Bonita Black, a UK grad who manages Steptoe & Johnson law firm in Louisville, and Nitin S. Sahney, a healthcare executive and Punjab (India) grad –have yet to write their first check to UofL.

A consultant to the University of Louisville Foundation recently suggested that the best way for UofL to restore the faith of donors in the University would be for the trustees to make “visible and meaningful” gifts. The advice had yet to be acted upon by numerous members of this board as of the date of the report.

Larry Benz nominated to chair UofL Trustees

Meanwhile over at Grawmeyer Hall, the administration building …

Larry Benz, a physical therapist and local business owner, has been nominated to be the new Chairman of the University of Louisville Trustees, succeeding Dr. Robert Hughes, a Murray physician.

Larry Benz
Larry Benz

Benz, who currently serves as Treasurer, was among the trustees supportive of an audit of the University of Louisville Foundation, suggesting at a May 14th meeting that the foundation has grown so complex — with more than $1 billion in assets and controls 10 corporations — that its processes and procedures should be examined.

Benz is the President/CEO of PT Development LLC, and a partner in Evidence In Motion, Texas Physical Therapy Specialists, ProRehab-PC, Fit For Work, and Breakthrough Physical Therapy.

He is likely to be confirmed as Chairman at the Sept. 3 meeting of the Trustees.

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Golf course upgrades coming:  The University has issued a request for bids for the refurbishing of Holes 13 and 14 at the UofL Golf Club in Simpsonville. The objective is to increase the aesthetic value of the course and improve the sight lines within the fairway by restoring a series of on-site wetlands and streams.

Hole 13 will include re-grading and enhancement of four existing wetlands to establish a deeper aquatic habitat bordered by shallow, vegetated wetland shelves. The wetland features will be separated by two boulder structures, each allowing water to flow from the east to west between the features.

Hole 14 will include the restoration and stabilization of a steep intermittent stream channel to include a series of boulder steps and pools.

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From UofL Alumni Weekly:  Are you a “people person” who wants to share your enthusiasm for UofL Athletics? Consider becoming part of the team by joining the Special Forces Volunteer Usher Program. Orientation and training sessions for volunteer ushers are currently available. For additional information contact Maggi Constantz at 502-852-2471 or maggi@gocards.com.