Campus News

Regents terminate cooperative agreement with UGA Foundation

As Columns was going to press, the University System of Georgia Board of Regents issued a directive instructing UGA President Michael F. Adams to issue a letter to the executive committee of the University of Georgia Foundation terminating the university’s relationship with the foundation. Regents’ policy 1905 provides the authority for this action.

Regents Chair Joel Wooten issued the ­announcement of the board’s action April 20 at the conclusion of the regents’ two-day meeting, held at Armstrong Atlantic State University, in Savannah.

“We were hopeful, particularly after the similar action we had to take 11 months ago, that such a step would not have been necessary,” Wooten said. “We had expected that a new relationship-more positive and more cooperative, as promised by the foundation’s leadership at that time-would have developed since we last took this step. Unfortunately, that has not been the case, and the regents felt that it would be in the best interest of both the institution and the University System to take this action.”

As this action removes the recognition of the UGA Foundation as a cooperative organization of the regents, the regents also directed UGA­ ­officials to seek a replacement cooperative ­organization as soon as possible.
Details of this matter will follow in a future issue of Columns.