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AD is not a separate legal entity

Posted on: September 2, 2021 at 11:20:43 CT
ScottsdaleTiger MU
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Legally, the AD is just one part of the University. It’s income goes to the University and expenses are paid by the University. It’s construction projects typically are financed by bonds issued by the University. I.e. the 98 million SEZ project was roughly half financed by funds raised by the AD from donors and half raised by the University selling bonds.

The AD keeps separate records, but it’s income goes into the University’s general accounts and it’s expenses are paid from those accounts.

If the AD runs a surplus (rare in recent years), the surplus is entered as a positive number in a “reserve” account in the University’s accounting system. If it runs a deficit, the number is entered as a negative in the reserve account.

The AD has no separate AD bank accounts.
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     I agree with concessions. Why have a whole softball team - Tigerfish MU - 9/2 10:16:28
     Nice. Also, regarding #2, I think they should more or less - Fool on the Hill MU - 9/2 09:49:07
          RE: Nice. Also, regarding #2, I think they should more or less - KCT-BoneTiger A - 9/2 09:53:26
     Forgot to mention: Students - KCT-BoneTiger A - 9/2 09:48:29
          have to make it something students will fear missing out - Mizam MU - 9/2 13:25:03
          Absolutely - TigerSven MU - 9/2 10:02:56
     RE: Here is what the new AD needs to focus on to get fans - st.charlestiger MU - 9/2 09:01:32
     billboards at the 50 yard line! - bobbelcher MU - 9/2 08:51:03
     Shutting down reactor field was a huge mistake - Eggs MU - 9/2 08:23:45
          That was a bad year of decisions - BigDave MU - 9/2 08:38:01
               Yes, they really jacked up the fan experience - Eggs MU - 9/2 08:52:16
               RE: That was a bad year of decisions - TigerMook MU - 9/2 08:48:39
                    These lots don't generate any revenue - BigDave MU - 9/2 09:15:28
     The only one of those that actually matter is #1. If you - DHighlander NWMSU - 9/2 08:11:57
          Don't agree 100% - BigDave MU - 9/2 08:58:49
               well thought out BigDave .. agree in general nm - Gamagrass MU - 9/2 13:43:06
     Well done(nm) - DevilsAdvocate KC - 9/2 08:06:37
     Great post - Hickeytime MU - 9/2 08:01:31
          He does like a good pee trough though! - bluesox7 MU - 9/2 08:02:09
               There's a bar that puts ice in the trough - bagpipertiger MU - 9/2 08:09:48
               Don’t we all? (nm) - Hickeytime MU - 9/2 08:03:52
     Great ideas - BigMo89 MU - 9/2 07:10:58
     RE: Here is what the new AD needs to focus on to get fans - slamduncan KC - 9/2 06:57:38
          You have an inferiority complex - MoArk MU - 9/2 07:10:46
          On #2, every school has a group of alums who have a - Fred G. Sanford USA - 9/2 07:10:16
     #6 = minor league baseball - alwaysright MU - 9/2 06:33:25
     A lot of good ideas. You sound like a Marketer. - samclemens MU - 9/2 06:18:29
     It’s a 95 year old university facility - ScottsdaleTiger MU - 9/2 02:35:39
          Sir. No, it is about College Football - MizzouGunner MU - 9/2 08:00:25
          The university wouldn’t spend a dime. The AD is a - alwaysright MU - 9/2 06:34:27
               AD is not a separate legal entity - ScottsdaleTiger MU - 9/2 11:20:43
                    But they are a separate financial entity - BigDave MU - 9/2 11:57:13
     tldr - Emoji Man OU - 9/2 02:00:39
          Sorry he didn't offer a coloring book - samclemens MU - 9/2 06:20:37
               Lmao bravo sir(nm) - DevilsAdvocate KC - 9/2 08:03:29
     I like your ideas on this! KCTBT Nm - Tigergrad MU - 9/2 00:58:03




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