fightingsioux4life Posted 8 hours ago Posted 8 hours ago 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 8 hours ago Posted 8 hours ago 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 8 hours ago Posted 8 hours ago 1 minute ago, fightingsioux4life said: Pure, unadulterated idiocy. Your happy with und taking a cut? Quote
fightingsioux4life Posted 8 hours ago Posted 8 hours ago 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 8 hours ago Posted 8 hours ago 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 7 hours ago Posted 7 hours ago 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 7 hours ago Posted 7 hours ago 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 7 hours ago Posted 7 hours ago 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." 2 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.