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Despite Sandusky scandal, Penn State draws $208.7 million in donations
CNN ^ | July 9th, 2012 | Stephanie Gallman

Posted on 07/18/2012 6:17:45 PM PDT by Third Person

(CNN) -- In a year marred with controversy and national notoriety, Penn State University alumni and boosters finally have something to smile about.

In fiscal year 2011-2012, the school earned $208.7 million in donations -- the second-highest annual amount in school history -- according to a release from the Development and Alumni Relations division.

Penn State spokesman David LeTorre said the donations "send a loud and distinct message," in what has been a particularly challenging time for the school.

"Despite the things that have happened with Jerry Sandusky, Penn State never really lost the support of its alumni," La Torre said.

The school was thrust into the national spotlight with accusations against former assistant football coach Jerry Sandusky, who was convicted last month on 45 of 48 counts related to sexual abuse of boys. The scandal's fallout included the firings of legendary football coach Joe Paterno and university President Graham

"So many alumni were ready to contribute this year," La Torre said, "which is proof enough our family our alumni family is there when we need them."

A total of 191,712 supporters donated 323,271 gifts that have put the school ahead of schedule to reach its $2 billion fundraising goal by June 2014 for its "For the Future: The Campaign for Penn State Students" campaign. Since the effort began in January of 2007, $1.6 billion has been raised.

"Fundraising is always challenging," La Torre said. But, he said, those seeking donations didn't go about it any differently even in light of the highly publicized scandal and an economic downturn.

"We knew people were going to ask questions and want answers," he said. "The philosophy of Penn State has been to listen and give answers to the best of our ability."

(Excerpt) Read more at cnn.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: namblanylions; pedostate; pennstate; sandusky
Donate to Ped State and keep the cult afloat! Way to step up, all you proud alumni! Hey, your school got richer and richer as your school's leaders covered up the rape of helpless boys.... but don't let that stop you from sending checks. Times are a little tough a Ped State, and they need the dough, so pony up!
1 posted on 07/18/2012 6:17:50 PM PDT by Third Person
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To: Third Person

They need to find some way to isolate future gifts to the university - otherwise they are going to flow right out to the massive civil judgments that are sure to follow. So, my idea is that I would be willing to hold the $208M in safekeeping for those Penn State folks. Yeah.


2 posted on 07/18/2012 6:21:32 PM PDT by Wally_Kalbacken
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To: Third Person

This just disgusts me.


3 posted on 07/18/2012 6:23:15 PM PDT by Mamzelle
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To: Third Person
Nittany Lions? How about..

the BUGGER ME Lions...?

4 posted on 07/18/2012 6:24:49 PM PDT by Mamzelle
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To: Third Person

Should go to the rape victims...


5 posted on 07/18/2012 6:30:25 PM PDT by Libloather (The epitome of civility.)
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To: Mamzelle

Students guard Joe Paterno statue

http://msn.foxsports.com/collegefootball/story/penn-state-students-camp-out-guard-joe-paterno-statue-071812

WHY??


6 posted on 07/18/2012 6:35:00 PM PDT by TurboZamboni (Looting the future to bribe the present)
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To: TurboZamboni
Over and over, a quote from GK Chesterton keeps on explaining everything that perplexes me about human nature...

"when a man stops believing in God, it's not that he believes in nothing...it's that he'll believe in anything"

What you have here is idolatry, pure and simple, in a culture that has rejected God.

7 posted on 07/18/2012 6:59:59 PM PDT by Mamzelle
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To: Third Person
just in time to pay off the mega lawsuits coming...
8 posted on 07/18/2012 7:00:17 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: South Hawthorne; brityank; Physicist; WhyisaTexasgirlinPA; GOPJ; abner; baseballmom; Mo1; Ciexyz; ..

PA Ping!

If you want on/off the PA Ping List, please freepmail me. Thanks!


9 posted on 07/18/2012 7:09:17 PM PDT by randita (Either the politicians fix our fiscal insanity, or the markets will.)
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To: Third Person

I’m sure I was sanduskied when I was a kid. Twenty mil is a fair number.
Where does the line form?


10 posted on 07/19/2012 1:31:28 PM PDT by Sivad (Nor Cal Red Turf)
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To: Third Person

I’m sure I was sanduskied when I was a kid. Twenty mil is a fair number.
Where does the line form?


11 posted on 07/19/2012 1:32:28 PM PDT by Sivad (Nor Cal Red Turf)
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To: Third Person

I’m sure I was sanduskied when I was a kid. Twenty mil is a fair number.
Where does the line form?


12 posted on 07/19/2012 1:32:44 PM PDT by Sivad (Nor Cal Red Turf)
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To: Third Person
Brain washed eunuchs.
13 posted on 07/19/2012 1:34:20 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: Libloather
Should go to the rape victims.

It will, once all of the Civil Lawsuits are done.

14 posted on 07/19/2012 1:37:14 PM PDT by dfwgator (FUJR (not you, Jim))
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