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Posted
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.

Posted

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

Posted
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.

Posted
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?

Posted
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.

Posted
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."

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