on 7/1/2024, 5:48 pm, in reply to "Re: I would not assume that financial advisor s ..."
again, do you realize this would be on the scale of TEN TIMES, or 10x, 270 million, MORE than ever before raised in a single year (approximate of course)
seriously, it's a bunch of BULL SHIT
if it was really 311 million, without a bunch of fuzzy accounting behind it, if it is REALLY 311 million donated in only 21 months, then that's the type of press announcement you get on headline news even in LA, in the LA Times, not some silly little puff paragraph
my guess attempts to get the clarifications needed would be resisted and some obfuscation (i.e., "this is what we really meant", and instead of actually providing the breakdwon without outside digging, making the accounting incredibly hard
Again, Jane supervises coming up with that laughable BULL-SHIT 311 million number. so it came from somewhere
who knows where it came from? my guess is whoever came up with it would probably be embarrased to actually provide all the fine details, assumptions, half ass accounting and so forth
again, I would love to eat crow, and would, if only somebody, any body and expain this monummental achievement that makes any sort of sense!!
311 million. the endowment at Long Beach is only $120 million, Beach actually raises around 30 million a year.
so does that sense of scale now make sense why Im calling.....BULL SHIT!! Previous Message
Do you have proof she didn't raise that much? Go to the press if you do and expose her. Previous Message
Did a great job, lol
The numbers are so far out of whack to common sense or a sniff test
The entire 311 million should really be broken down to make the announcement believable
It s a BS announcement, to believe they actually got 311 million donations in 21 months is simply non sensical,
Lot s of fluff going on, Jane should have to produce details. It really is disturbing,fascinatimg, and amazing that people would take this at face value and actually believe Beach really raised 311 million, Previous Message
Understands he used the carefully worded phrase "philanthropic investment."
So, based on ccman's #'s that means the financial advisor's did a great job with existing bond and money market activities.
Not new money which appears to have dried up since Pete and 49ers were assassinated. Previous Message
the announcment implies 40,000 donors to 'No Barriers', that's the implication
someone processed these supposed 'gifts', who is that person?
$311 million / 40,000 = $750 per donor average. Does any really believe Jane got 40,000 actual donations to 'Mo Barriers' at that amount?
BULL-SHIT
it's plausible to believe she got a 1000 donors at like $250 which would be $250k, plus a few of well-heeled donations, so I could buy $1-2 million being believable
but 40,000? lol. $311 million, lol
BULL SHIT Jane! prove it! Previous Message
let's look at facts.
No Barriers (aka "Mo Barriers" or 'Faux Accounting") was launched in September 2022
https://www.csulb.edu/news/article/cal-state-long-beach-launches-its-ambitious-no-barriers-campaign
It has 'closed' per the announcement in June 2024,
https://www.csulb.edu/no-barriers
basically two calendar years, if one is believe Jane's BS, it has $311 in commitments.
Now comes the CSU OFFICIAL REPORT of donor giving.
https://www.calstate.edu/impact-of-the-csu/government/Advocacy-and-State-Relations/legislativereports1/Annual-Report-on-Donor-Support-2024.pdf
The OFFICIAL report of CSU states CLEARLY that Long Beach had $35 mil in commitments in '22-'23 and only $22 mil if actual receipts.
Given that, $311 million minus $35 million would mean Jane is effectively saying Beach rasied $275 mil alone in commitments this last year alone, or Jane has some other different accounting system than what CSU reports, lol. Or Jane is putting the money in off shore accounts.
Bull-Shit
there are so many obvious questions, that Jane should answer or step down, because this announcement is insulting and ridiculous on so many levels. I'm a simple person, expect simple answers, that's reasonable. Cities/Politicians, Corporations also do similar BUll-Shit posturing
1) What is the breakdown of giving? of course not in pennies, at least to the level of $10 million increments would give some level of credibility if it could actually comes out. they got to $311 million by someone's accounting, so PROVE it with transparency
2) Where is this $311 actually reported?
3) The announcement clearly implies it is ALL philiphantric, or donors. Prove it!
4) WHy in hades if 'no barriers' is so wildly successful as implied, then why would not it be continued?
5) In two years, what is the actual receipts and actual traceable commitments and RECEIPTS of gifts specifically traceable to 'No Barriers'
6) the CSU report shows Beach raised $44 mil in commitments BEFORE the "Mo Barriers" was even launched, then less than that after launched
7) Publish the endowment year ending 2021, 2022, 2023, 2024, and show how this made up $311 impacted
when something makes no common sense, does not pass a simple sniff test, and can't be backed up, it's time to call Bull-Shit.
If Jane can not produce the accounting, which IS NOT HARD TO DO IF ONE WANTS TO BE TRANSPARENT, then she needs to resign. It has the appearance of taking credit for something she really has not done
the announcement is giving a fluffed up impression, it implies the endowment should be exploding (should double to $200) due to these gifts.
again, this is BULL-SHIT from Jane, and the hyperbole, if it can't be backed up, is unbecoming.
would be oh so happy to be PROVEN incorrect on this
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