Tagged: brad choate

UA Trustees Accept Audit Detailing $4.2M Deficit

by Chuck Bartels, The Associated Press 1/23/2014 03:57 pm

University of Arkansas trustees have accepted an audit report that detailed a $4.2 million deficit run up by the advancement division at the Fayetteville campus.

The Benefit Of the Doubt (Gwen Moritz Editor's Note)

by Gwen Moritz 12/23/2013 12:00 am

Giving people the benefit of the doubt is a good habit, one that I need to practice more since it doesn't come naturally, and one that I have needed other people to extend to me on more than one occasion.

Update: Audit Shows Poor Management, No Fraud in UA Advancement

by Gwen Moritz 9/10/2013 04:40 pm

The former head of the University of Arkansas' Advancement Division failed at budget oversight, increasing the division's expenses from less than $8 million a year to more than $13 million despite steady revenue, according to an audit released Tuesday.

The Teflon Administrator (Editorial)

by Arkansas Business Editors 9/2/2013 12:00 am

Just what does it take for a high-ranking, high-earning educational administrator to be fired? We're starting to get the picture.

Update: Termination of UA Spokesman John Diamond Followed Loss of Confidence

by Gwen Moritz 8/26/2013 03:27 pm

John Diamond, whose termination will be final Sept. 22, says his attempts to follow the Freedom of Information Act led to the loss of his job as associate vice chancellor for university relations.

University Of Arkansas Advancement Ends FY13 With Balanced Budget

by Chris Bahn 7/25/2013 04:03 pm

University of Arkansas officials say the school's Advancement Division ended the 2013 fiscal year with a balanced budget.

Private Giving To UA Tops $100 Million For 3rd Consecutive Year

by Chris Bahn 7/24/2013 02:21 pm

Private giving to the University of Arkansas exceeded $100 million for a third consecutive year, the school says. Gifts to the UA in fiscal year 2013 topped $108.4 million, following $108.1 million in 2012 and $121.3 million in 2011. Included in the total are cash gifts, in-kind contributions, planned gifts and new pledges.

UA Vice Chancellor Chris Wyrick Has No Reservations About Fundraising

by Arkansas Business Staff 6/3/2013 12:00 am

Chris Wyrick spent six months as head of the Razorback Foundation before being picked in April by Chancellor G. David Gearhart to take over as vice chancellor for advancement after the discovery of millions of dollars in overspending by his predecessor, Brad Choate.

Joy Sharp May Stay at University of Arkansas After Advancement Debacle

by Arkansas Business Staff 2/25/2013 12:00 am

After University of Arkansas officials became aware in June of overspending by the Fayetteville campus' Advancement Division, the parties deemed responsible saw their jobs change.

Update: G. David Gearhart Names Chris Wyrick New Vice Chancellor For Advancement at UA

by Chris Bahn 2/13/2013 04:00 pm

University of Arkansas Chancellor G. David Gearhart announced Chris Wyrick as the new vice chancellor for advancement during a news conference Wednesday.

Facing $4M Deficit, Gearhart Requests Audits of University's Advancement Division

by Chris Bahn 2/5/2013 02:05 pm

University of Arkansas Chancellor G. David Gearhart has requested a pair of independent audits of the university's advancement division, which was on track to overspend its budgeted revenue by more than $4 million in the current fiscal year.

UA Fundraising Tops $61 Million For First Half Of 2013 Fiscal Year

by Chris Bahn 2/1/2013 02:03 pm

Fundraising topped $61 million for the University of Arkansas at the midway point of the 2013 fiscal year, a 15-percent increase from the same time period in 2012.

UA Decides Against Donations 'Tax' to Cover Advancement Shortfall

by Chris Bahn 1/10/2013 03:52 pm

University of Arkansas officials have decided against implementing a gift-tax fee on donations to help pay down a projected $4.3 million shortfall in the budget for its Advancement Division.

Arkansas Business: Best Quotes of 2012

by Arkansas Business Staff 12/24/2012 12:00 am

From John L. Smith's pep talk to reporters to U.S. District Judge Bill Wilson's withering remarks to out-of-line prosecutors, they said it all in 2012.

On G. David Gearhart, Transparency and That $4 Million Budget Shortfall

by Lance Turner 12/15/2012 01:27 pm

University of Arkansas Chancellor G. David Gearhart writes the Arkansas Democrat-Gazette to express disappointment in the paper's editorials about the budget shortfall in the UA's Advancement Office.

Real World Dollars (Gwen Moritz Editor's Note)

by Gwen Moritz 12/10/2012 12:00 am

For a barely casual observer of college football like me, this kind of money — even though it comes from private donors and athletic department receipts — is still breathtaking because I can't seem to avoid taking the numbers out of the natural context of college football and applying them to real life.

UA Works to Correct $4M Advancement ‘Miscalculation'

by Chris Bahn 12/3/2012 12:00 am

University of Arkansas officials confirmed last week that they are working to correct a multimillion-dollar deficit in the school's Division of University Advancement for the second consecutive fiscal year.