UNDvince97-01 Posted May 12 Posted May 12 19 minutes ago, gundy1124 said: On the rent.......is this privately owned? A discount would be nice but it's a lot to ask individuals/partners to give up $19,200/year in revenue when the reality is they are likely operating near break-even given the high cost of construction the past 3-4 years. You sound like you might have experience with this? Let's just say there were 3 partners on this endeavor. Could all 3 partners afford to subsidize $500 a month each for the sake of the cause and charge $100 rent? I don't know the answer. But if I could afford to do it in that position, I would. I think you would too. As always, easy for me to say without being in that position. 1 Quote
SIOUXFAN97 Posted May 12 Posted May 12 2 hours ago, UNDvince97-01 said: Two things regarding the 1883 collective that need to be addressed: First...It is an absolute administrative embarrassment and disgrace that UND is charging the 1883 Collective 25k a year to basically raise money for UND athletics only because they are doing it in the name of the University. Armacost, Chaves and whomever else need to be held accountable for this. It's unnecessary overhead that needs to be resolved to be more financially efficient. If anybody wants to b*tch about something important....this is it. Calls and emails. This is unacceptable. Second ...rent for the 1883 collective unit in Memorial Village. $1600 a month. Do the math. That's money that could be spent on athletes. Hoping the building owners can help out with that and do better for the cause. do all nil's have an office space of some sort? Quote
SIOUXFAN97 Posted May 12 Posted May 12 1 minute ago, fightingsioux4life said: Why would she want all this money to go to UND from the Collective? I think she is contributing to it. Why would she want her money going to anyone but the athletes? not sure of her motivations but since she's taken over the trust it seems one sided and sometimes vindictive.... Quote
fightingsioux4life Posted May 12 Posted May 12 Just now, SIOUXFAN97 said: not sure of her motivations but since she's taken over the trust it seems one sided and sometimes vindictive.... I am not a fan of KEM, but this doesn't sound like it's coming from her. It sounds more like UND is skimming off the top of the NIL collective, which is pure stupidity. 2 Quote
Popular Post gundy1124 Posted May 12 Popular Post Posted May 12 12 minutes ago, fightingsioux4life said: I am not a fan of KEM, but this doesn't sound like it's coming from her. It sounds more like UND is skimming off the top of the NIL collective, which is pure stupidity. There is a far greater return to the University with your athletic programs winning titles than $25,000/year of making it more difficult. 5 Quote
Siouxperman8 Posted May 12 Posted May 12 2 hours ago, UNDvince97-01 said: Two things regarding the 1883 collective that need to be addressed: First...It is an absolute administrative embarrassment and disgrace that UND is charging the 1883 Collective 25k a year to basically raise money for UND athletics only because they are doing it in the name of the University. Armacost, Chaves and whomever else need to be held accountable for this. It's unnecessary overhead that needs to be resolved to be more financially efficient. If anybody wants to b*tch about something important....this is it. Calls and emails. This is unacceptable. Second ...rent for the 1883 collective unit in Memorial Village. $1600 a month. Do the math. That's money that could be spent on athletes. Hoping the building owners can help out with that and do better for the cause. I am not sure if this is apples to apples as I don't fully understand how UND and 1883 collective are tied together but ..... a number of years ago I was involved in raising some money for the UND engineering department. We were told at that time that UND took 10% off the top of all donations that went through the UND foundation. Donations that went straight to the engineering department avoided that. Quote
UNDBIZ Posted May 12 Posted May 12 16 minutes ago, Siouxperman8 said: I am not sure if this is apples to apples as I don't fully understand how UND and 1883 collective are tied together but ..... a number of years ago I was involved in raising some money for the UND engineering department. We were told at that time that UND took 10% off the top of all donations that went through the UND foundation. Donations that went straight to the engineering department avoided that. Assume you meant the Foundation takes a 10% cut, not UND. 1 Quote
gfhockey Posted May 12 Posted May 12 So und is charging a couple guys $25k a year to use the bame these three volunteers are trying tonite money for the playas and und is taking a cut blasphemy 4 Quote
fightingsioux4life Posted May 12 Posted May 12 2 minutes ago, gfhockey said: So und is charging a couple guys $25k a year to use the bame these three volunteers are trying tonite money for the playas and und is taking a cut blasphemy Pure, unadulterated idiocy. Quote
gfhockey Posted May 12 Posted May 12 At minimum it’s costing these guys $60knperbyear just to run it I think they had a paid part time staffer too so probably more like $75k befor a penny even hits a playas account Quote
gfhockey Posted May 12 Posted May 12 1 minute ago, fightingsioux4life said: Pure, unadulterated idiocy. Your happy with und taking a cut? Quote
fightingsioux4life Posted May 12 Posted May 12 5 minutes ago, gfhockey said: Your happy with und taking a cut? No, I was talking about UND's actions, not your comment on them. I agree with you 1000%, it's blasphemy and idiocy. Quote
UNDvince97-01 Posted May 12 Posted May 12 39 minutes ago, Siouxperman8 said: I am not sure if this is apples to apples as I don't fully understand how UND and 1883 collective are tied together but ..... a number of years ago I was involved in raising some money for the UND engineering department. We were told at that time that UND took 10% off the top of all donations that went through the UND foundation. Donations that went straight to the engineering department avoided that. @UNDBIZ is correct. That's the foundation fee. Which I understand is probably a necessity. I get that. We dealt with that during the Impact Scholarship Campaign during the transition. It was a surprise, but I understand that part of it. Cost of doing business. Quote
Siouxperman8 Posted May 12 Posted May 12 2 minutes ago, UNDvince97-01 said: @UNDBIZ is correct. That's the foundation fee. Which I understand is probably a necessity. I get that. We dealt with that during the Impact Scholarship Campaign during the transition. It was a surprise, but I understand that part of it. Cost of doing business. So UND is taking $25k without the money flowing through the foundation? Just because their name is associated with the NIL money raised? Quote
siouxkid12 Posted May 12 Posted May 12 5 minutes ago, Siouxperman8 said: So UND is taking $25k without the money flowing through the foundation? Just because their name is associated with the NIL money raised? I doubt it because its separate from UND and the collective is called 1883. Quote
UNDvince97-01 Posted May 12 Posted May 12 50 minutes ago, siouxkid12 said: I doubt it because its separate from UND and the collective is called 1883. Has nothing to do with the foundation. They take their 10% for everything. The 25k is a separate licensing fee to raise money for UND in the name of UND under their namesake. Terrible. "Hey we want to raise money for the University of North Dakota to keep kids here and recruit other kids." "Ok....please pay us 25k and we're good." 4 Quote
Frozen4sioux Posted May 13 Posted May 13 10 hours ago, SIOUXFAN97 said: why? Someone still has KEMDS KEM derangement syndrome, get help. 1 3 Quote
UNDvince97-01 Posted May 13 Posted May 13 Trump called me yesterday. Had some beers together. He said he's gonna work on the 25k fee for the collective. Everyone keep the pressure on please. 2 Quote
Und Princess Posted May 13 Posted May 13 2 minutes ago, UNDvince97-01 said: Trump called me yesterday. Had some beers together. He said he's gonna work on the 25k fee for the collective. Everyone keep the pressure on please. Did you really? Or are you joking around? Quote
UNDvince97-01 Posted May 13 Posted May 13 1 minute ago, Und Princess said: Did you really? Or are you joking around? Yes. It was me, gfhockey, Trump and Elon. 2 2 Quote
SIOUXFAN97 Posted May 13 Posted May 13 11 hours ago, Frozen4sioux said: Someone still has KEMDS KEM derangement syndrome, get help. und athletic department (especially anything non-hockey) has been a total mess since REA got involved and gotten progressively worse since she's kinda taken over... where does all the money go....... i don't think chavez even knows. and the heraldo aint asking any hard hitting questions...especially to her Quote
gfhockey Posted May 13 Posted May 13 12 minutes ago, UNDvince97-01 said: Yes. It was me, gfhockey, Trump and Elon. Wasn’t me Quote
SIOUXFAN97 Posted May 13 Posted May 13 17 minutes ago, UNDvince97-01 said: Trump called me yesterday. Had some beers together. He said he's gonna work on the 25k fee for the collective. Everyone keep the pressure on please. if a little pressure on this message board gets them to reverse the fees what was the point of it in the first place and whose idea was it... heraldo aint asking Quote
fightingsioux4life Posted May 13 Posted May 13 2 minutes ago, SIOUXFAN97 said: und athletic department (especially anything non-hockey) has been a total mess since REA got involved and gotten progressively worse since she's kinda taken over... where does all the money go....... i don't think chavez even knows. and the heraldo aint asking any hard hitting questions...especially to her I agree with you on all of this. However, I do not think REA is involved in skimming off the top of the 1883 collective. This is just UND being UND. Quote
SIOUXFAN97 Posted May 13 Posted May 13 9 minutes ago, tnt said: What a conundrum for him if KEM married Tavis MacMillan. Oh, maybe not, he would be doubly mad at her because he couldn't marry him! Quote
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