Quote:
Originally Posted by Piobaire 
This thread always makes me laugh when it gets bumped.
Btw, to Peanut's thought that now the schools have the donations due to athletics and now we can just stop the programs and keep the money...yeah, there's these accounting things called "restricted gifts" and "donor intent" that auditors and the IRS actually take quite seriously.
Also, the very suggestion that now the money has been donated so let's just cease the programs and keep the money? Shows he's also got that ethical base we like to see in our future attorneys.
This thread always makes me laugh when it gets bumped.
Btw, to Peanut's thought that now the schools have the donations due to athletics and now we can just stop the programs and keep the money...yeah, there's these accounting things called "restricted gifts" and "donor intent" that auditors and the IRS actually take quite seriously.
Also, the very suggestion that now the money has been donated so let's just cease the programs and keep the money? Shows he's also got that ethical base we like to see in our future attorneys.
Also there's this thing called "the future." Stop the programs, and see your donation stream dry up.
