Here's a fundraising strategy that we fear more institutions of higher education may now employ:
1. Experience financial misdeeds on the part of senior administrators.
2. Then allow the scoundrel(s) to resign when the problem comes to light.
3. Then accept a big gift from a donor who wants to make everything right again.
That's the continuing saga at Oral Roberts University. After Friday's resignation of allegedly nefarious president Richard Roberts, ORU now announces that it will receive a $70 million gift from Hobby Lobby founder Mart Green.
The gift has strings attached: Green is demanding that the university reform its governance. Already, the boards of ORU and the Oral Roberts Evangelistic Association are separating.
SWNID asks Mr. Green, who may or may not be a reader of this blog, please to consider a gift of similar size to Cincinnati Christian University. Or even one of reduced size.