Friday, Feb. 28, 1986
From Page One
University Daily Kansan
5
Endowment
Continued from p.1
scholarships, schools in the University, construction or any number of places in the University.
Davis said the investment program involved two types of funds — expendable and non-expendable. Expendable contributions to the Endowment Association can be spent entirely.
Non-expendable funds are set up so only their interest can be spent by the Endowment Association, he said.
"We have every intention that those funds will be here forever."
Davis said. They are invested largely in common stocks.
On non-expendable funds, the Endowment Association works with a group of money managers who have extensive experience with investments, Davis said.
"We manage the fund but hire them to do the day-to-day buying and selling," he said.
invests expendable funds, Davis said.
KU's Endowment Association is unique among endowment associations at other universities because it
"We put most of them in high quality bond funds," he said.
Expendable funds are managed internally by the investments and finance department.
"We make the investment decisions, then use bond dealers to do the actual buying and selling," Davis said.
Investment staff members meet three times a year with an Endowment Association finance committee.
ASK
Student enters plea of not guilty to charges of KU sticker forgery
By Brian Whepley
Brown also said she heard some good ideas at the hearing about how to improve KU's involvement in the organization.
One suggestion made at the hearing concerned a campus autonomy program.
A KU student pleaded not guilty yesterday to charges that he forged and sold football stickers intended for use only by KU student athletes.
Associate District Judge Michael J. Malone set a court date of March 24 for Shelleda's jury trial.
Lonnie Shelleda, Plains senior, pleaded not guilty to two charges of forgery and to one count of inducing an official action.
spokesman for KU police, said the department received a tip that football passes had been sold while it was conducting an investigation of forged season basketball tickets. The two cases were unrelated, Longaker said.
An informant told police the name of a student who was selling the stickers, she said. Their investigation found that the student had bought 10 stickers from a second student.
Shelleda, 22, was arrested Nov. 22 after a KU police investigation concluded stickers had been forged and sold.
"KU is one of the top 10 law schools in the Midwest. Washburn is not," she said. "How could the state split the money on the programs?" It would force ASK to take a stance."
Continued from p. 1
The stickers, when affixed to student identification cards, allow student athletes to attend football games for free.
became a Regents school.
The Buckley amendment, a federal law, prohibits university police from releasing the names of student crime victims or students arrested by the department.
The second student had seen the stickers about halfway through the 1984 football season and decided to make some money by forging
Lt. Jeanne Longaker,
president, said after the meeting that even though she and David Epstein, student body president, were concerned about KU's representation in the organization, she respected von Ende's opinion about remaining in ASK.
Amy Brown, student body vice
them, Longaker said. Three days before the 1985 football season, the second student received a call from the first student.
The first student had heard that the second student was selling tickets, Longaker said. The second student did not know how the first student got his name.
The first student agreed to pay $100 for the passes. When he picked up the stickers he paid $50 and agreed to pay $50 later, she said. The first student has not been charged in the case.
The first student, who bought the 10 stickers, decided he could make money on his own and forged 200 additional stickers. The first student sold five of the stickers for $10 each, Longaker said. The rest of the stickers were thrown away.
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