From the ORU website:
A public memorial service for Chancellor Oral Roberts will be held at the ORU Mabee Center, in Tulsa, Okla. on Monday, December 21st at 2:00 p.m. Doors will open at 1:00 p.m. for open seating. The service will be Webcast live on www.goldeneagle.tv.
We know this was announced a couple of weeks ago, but ORU is now debt free.
Former students and alumni who attended during the “dark years” of ORU’s staggering fifty million dollar debt should be glad that current and future students will enjoy a better education and campus experience in the years to come!
This goes to show how real change at ORU has produced tangible results. The alumni feel they can “trust” their alma mater again.
“First-time donation levels among Oral Roberts University alumni are at their highest in more than 10 years.”
And then… click the “Renewing the Vision” box to the right to help if you haven’t already!
After a long search, Mark Rutland, former president of Southeastern University, will take over the reins at Oral Roberts University. Read the Tulsa World Article Here.
Economic woes are touching almost every sector right now, and academia is no exception. ORU is not specifying which departments will experience cuts – but cites it as necessary to remain fiscally solvent. Ralph Fagin noted, “You can’t spend more than you’re taking in.” We wish someone would tell that to the government. Oh wait.
Richard Roberts will get a $223,600 salary from the school, under terms of a separation agreement announced last Friday minus unbilled personal and travel expenses. Richard and Lindsay still face a lawsuit from former ORU accountant Trent Huddleston.
Official statement from Oral Roberts University.
Remember that independent audit that the former Board of Regents ordered last year? All evidence points to the fact that the audit was delivered ORALLY and NEVER delivered in writing. No really, we’re not kidding.
Please note that this was the audit delivered to the FORMER governing body of the school, which has since been replaced.
Normally we would write on this, but this time we’ll let you read another person’s excellent take on the matter. You won’t be disappointed.
Click here to read the analysis.
This story is making the rounds…
Mart Green calls the severance package “fair and reasonable.”
Keep visiting SaveORU.com for more news and analysis.
In the midst of homecoming festivities this weekend on campus. New allegations have surfaced that 1 billion (with a capital ‘B’) were funneled through the university inappropriately. The claims come from a former senior accountant who is suing over the loss of his job at the university.
Our Thoughts:
We have no idea where that kind of money would have come from, even in a former “oil-rich” town such as Tulsa. We have serious doubts, but anything is possible – including a larger scheme involving other outside organizations. Regardless of what may or may not have happened in the past, things have now changed for the better.
We have one thing to say to the new board of trustees. Please, no golden parachute for Richard.
Read the full story from the AP here.
ORU received the remaining $62 million of Mart Green’s $70 million dollar donation to the university.
