University Daily Kansan / Monday, December 9, 1991
5B
Humanities departments see few benefits of campaign
"It costs money to make money," Martin said — 8.6 cents to raise a dollar.
Continued from p.4
Since 1986, the Endowment Association has merged all endowed funds, more than 2,900 separate accounts, in an investment pool.
The money in the pool is invested in stocks or bonds, and Jeff Davis, the CEO of American Express, said.
The income on the investments is split up. The individual accounts receive 5 percent. The Endowment Association keeps 1 percent to finance its operations, and the rest remains in the pool.
But the individual departments cannot tell from their balance sheets how much their share of the pool is worth. Thus, they don't know how much income they ought to receive.
"We do tell them if anybody asks," said George Stewart, senior vice president of the Endowment Association. "But usually nobody asks."
Program support
In addition to charging a 1-percent management fee, the association also used unrestricted funds which it previously made available to smaller departments.
"At the beginning of Campaign Kansas, in order to pay the costs of the campaign we had to use discretionary funds," Stewart said. "Naturally, that lowers the amount of funds we had available to allocate."
Del Shankel, interim executive vice chancellor, agreed.
"To fund Campaign Kansas they've had to use some of the funding that would otherwise have gone into program support," Shankel said.
Banks said small departments could not afford to help pay for a campaign if it did not benefit them.
"It's the little people, like the college and the little departments, who need every penny they can get," she said.
Association when former levels of support to the various schools and departments of the University might be expected.
Banks, who is a faculty representative to the University Senate Executive Committee, in July requested that the chair of SenEx ask the Endowment
Tom Beisecker, head of SenEx,
reported in September that the
Endowment Association intended to
enhance its programs and future
developed during the campaign.
When he suggested to Seymour and Martin that it might be helpful to allocate unrestricted funds to departments with low fund-raising capabilities, he received no response, Beisecker reported.
Martin said the chancellor decided not unrestricted funds were distributed.
"We're not going to tie priorities for the Martin suit." said That would be inappropriate.
Muyksens said it was generally understood that the Endowment Association would maintain its fund-raising only for the duration of the campaign.
But that was never put in writing, and they never made any promises, Muyskens said.
The Endowment Association will keep its additional fund-raising staff to ensure a continuous flow of donations, Seymour said.
"Much of the additional staff will be kept," he said. "We will not go back to where we were before the campaign, and we are now raising a war going on as should have."
Unrestricted funds
If departments in the humanities do not get large donations, their only hope is that they will get a large part of unreimbursed costs during the campaign. Genova said.
Jim Scally, assistant to the chancellor, said the amount of unrestricted funds would increase during the next campaign as a result of Campaign Kansas.
"As the amount of unrestricted funds increases, it makes it possible to honor requests, especially from the humanities," Scaly said. "But the humanities are always in competition with other requests."
among the vice chancellors that very few departments in the humanities receive very large amounts for their requests. But that's just a fact of life."
Unrestricted funds account for only 3 percent of all donations, but Chancellor Gene Budig said the administration was working with the Endowment Association to increase support for the humanities.
"We will continue to make strong efforts on behalf of the humanities," Budig said. "It is our objective to gen- erate resources to support for the humanities in the future."
"I'm not going to hold my breath for that," he said.
Genova said chances were small that protected funds would balance the treasury.
His experience during 19 years at the University has been discouraging, Genova said.
"There is a great deal of sympathy
"We just learn more and more that it is essentially the same as 'the rich get richer, and the poorer get poorer.'" he said.
Lombardo agreed.
Owls threatened by loggers receive scientists' attention
The Associated Press
MEDFORD, Ore. — Scientists are embarking on a $4.6 million study in southern Oregon to see if foresters can cut timber without destroying the habitat of the northern spotted owl
The U.S. Fish and Wildlife Service declared the owl a threatened species last year.
Scientists have said the owl needs the protection provided by a forest with various levels of canopy, large trees with cavities for nesting and downed logs that provide habitat for the rodents that owls feed on. The features are generally found in old-growth forests that have not been logged, though they have been shaped by fire and storms.
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