Report: USC AD Pat Haden Funneled Scholarship Foundation Money To Himself

[dduncan4163]

Report: USC AD Pat Haden Funneled Scholarship Foundation Money To Himself, Trojan Athletics

Oh Boy

 

[dduncan4163]

"

Under Haden’s leadership as board chairman, however, the $25-million foundation became a lucrative source of income for him and two of his family members — even as its scholarship spending plunged to a three-decade low and the size of its endowment stagnated, a Times investigation has found.
Haden, his daughter and sister-in-law together collected about $2.4 million from the foundation for part-time roles involving as little as one hour of work per week, according to the foundation’s federal tax returns for 1999 to 2014, the most recent year available.
Half of that, about $1.2 million, went to Haden. His annual board fees have been as high as $84,000; the foundation paid him $72,725 in 2014."




Haden may be in some deep DooDoo

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[VFL-82-JP]

Wow indeed. Whether he's in trouble or not, his reputation is forever ruined if this bears out.

USC program looking sleazier and sleazier every time a coach or AD changes out. WHERE ARE THE MEN AND WOMEN OF CHARACTER TO STRAIGHTEN THINGS OUT??!?

Oh, wait. Okay. Yep. Well, I'm being informed that USC is, in fact, in California. Never mind, the problem becomes evident.

 

[bamawriter]

Yikes. I wonder if this stuff was known when he "stepped down" at USC.

 

[montanatenn]

He's bound to pass out for sure.

 

[GreveHaller]

See, I wasnt so bad

Sincerely,
Lane K

(ps can I have my job back?)

 

[Orangedogsrule]

Forbes magazine is gonna melt down.... bwa ha ha ha!
Just went back and loomed at some of their articles for when Lame was there under Haden.
This will be fun.

 

[508mikey]

Mr Rhodes Scholar wasnt so smart after all

 

[joevol33]

Forbes magazine is gonna melt down.... bwa ha ha ha!
Just went back and loomed at some of their articles for when Lame was there under Haden.
This will be fun.

Indeed.

 

[Outofmyvolcanmind]

This guy has been painted as a saint in college football and a man of integrity. Turns out he's a criminal.

Bet Pete Carroll is laughing.

 

[bamawriter]

This guy has been painted as a saint in college football and a man of integrity. Turns out he's a criminal.

Bet Pete Carroll is laughing.

What would Pete be laughing about? I don't believe he worked with Haden while he was at USC.

 

[Outofmyvolcanmind]

What would Pete be laughing about? I don't believe he worked with Haden while he was at USC.

Carroll didn't care for Haden calling for a cleansing of his regime. Also didn't like the way he handled Sark.

The holier than thou aspect to Haden will have Pete chuckling.

 

[Dudleys87]

Yikes. I wonder if this stuff was known when he "stepped down" at USC.

I'm sure this has a lot to do with it.

 

[armchair]

Wow: Shocked that Haden, Mr. Integrity, acted in such a sleazy way. Disgraceful. Paying his daughter handsomely--and I doubt she did much in the way of demanding work. And all the while the foundation's donations were dwindling. One third of its donations were used to pay the directors. Sleazy. Unethical.

 

[TUSKtimes]

Come on down Lynn Swann, your turn to captain the Titanic.

 

[VolinMichigan]

OJ is probably going to be out on parole soon, so get the contract drawn up.

 

[Escape Goat]

OJ is probably going to be out on parole soon, so get the contract drawn up.

Doubt it. Hope he dies in prison.

 

[ReaderVol]

If he did this smart he will have no legal issue. While morally disgusting he very well may have just taken advantage of a situation.
Boards and foundations have to be careful and take their fiduciary responsibilities more serious.