Every public university in Florida owns private direct support organizations – better known as university corporations – that hold millions of dollars in university assets out of public sight. Originally intended to solicit donations from wealthy donors and make expenditures for the university, the function of these university corporations has expanded over the years. USF […]
EDITORIAL: University corporations should be subject to public records laws – The Oracle
Nearly three dozen private corporations control hundreds of millions of dollars in donations flowing in and out of Florida’s 12 public universities. These large corporations, also known as university direct-support organizations, should be required to be as open and transparent as public universities. However, under state law they don’t have to disclose their donor list, […]
