From: To: Subject: Date: Attachments: Jennings Jr, Thomas Coburn, David Student demands regarding donor disclosure Monday, November 10, 2014 8:12:00 AM image001.png image003.png image004.png image005.png image006.png David,   Here are responses to the student demands for President Thrasher that you shared with me:   p. 2, # 4 – demands that FSU agree to “donor disclosure, review, and investigation.  It is not clear what the group wants donors to disclose; however, requiring donors to disclose more than they already do will likely result in fewer gifts and smaller gifts, and it will impose an additional administrative hurdle for the university and DSOs to record, track, analyze, process and store this data, which would require additional staff (and funding).  Likewise, the demands for “donor review and investigation” are unclear, but would seem also to have a significant chilling effect on all donors.    p. 2, #5 – demands that FSU create policies that make all gifts and grants public.  Many donors request anonymity, for a variety of very good reasons, and this is protected by state statute (Title XLVIII, Chapter 1004.28) which states that “The identify of donors who desire to remain anonymous shall be protected, and that anonymity shall be maintained in the auditor’s report.”   Gifts involving proprietary information for research and product development are also protected by state law….this is consistent with the Federal grants process for scientific research which often has confidential (or at some institutions) classified information.  Therefore, the students demand would require FSU to violate state and Federal law.  Donors who have given gifts to FSU in the past expect a certain level of professionalism in handling their gifts and in their treatment as donors.  We must maintain long term relationships with our donors so that they will be willing to donate again.  Revealing every aspect of donor gift agreements, even for donors who have not requested anonymity, might have a negative effect on FSU’s relationships with many of its donors, who don’t want that kind of attention.   p.2, #6 – demands that FSU create a review process to ensure all existing and future donor contracts are consistent  with AAUP and University policies on academic freedom.   The volume of this work is significant, and cannot be left to volunteer faculty and students who have limited, if any, training in donor relations, gift agreements, and the law surrounding gifts and contracts.   Additional staff would be required to staff, train, and manage such a committee, which would suffer from frequent turnover, especially among students.  The current review process for gift agreements includes senior staff members from the FSU Foundation, the academic dean from the area receiving the funds (who is also a faculty member), the Provost (also a faculty member), and the President.  For gift agreements with unusual provisions, there is a review by the University’s general counsel and occasionally by the FSU Foundation’s outside counsel.  The FSU Foundation also has an “exceptional gifts committee” comprised of FSU Foundation board members and staff, to review other unusual gifts (usually gifts-in-kind).  Research contracts are reviewed by the VP for Research and his staff of experienced attorneys and accountants.   So, the additional committee requested is both burdensome and unnecessary.   Let me know if you need more information. Best, Tom   Tom Jennings, Ph.D. Vice President for University Advancement and President of the FSU Foundation Florida State University 850-644-2999 (office)