IG Report: SC State diverting money to foundations

By: The Associated Press
By: The Associated Press
The university has faced a $13.6 million deficit.

South Carolina State University logo

Wednesday, July 9, 2014

COLUMBIA, S.C. (AP) -- South Carolina's inspector general says financially struggling South Carolina State University should stop diverting millions of dollars to school foundations.

The State newspaper reported Wednesday that the historically black school sent $2.3 million in rebates from contract vendors to a pair of school foundations in recent years.

The state watchdog says money from contracts to any state agency should not go to foundations with no legislative or public oversight.

The report says the S.C. State University Foundation, which spends money on student scholarships, also paid for travel, consultants, flowers, entertainment, meetings and country-club memberships. The report did not say who received or requested the expenditures.

The university has faced a $13.6 million deficit.

The school says it will make changes to increase transparency.


WRDW.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
Mailing Address: P.O. Box 1212 Augusta, GA 30903 Main Telephone: (803) 278-1212 Newsroom: (803) 278-3111 Fax: (803) 442-4561
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 266453121 - wrdw.com/a?a=266453121
Gray Television, Inc.