SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,258
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Post by SSHoya on Feb 1, 2023 11:54:22 GMT -5
For an endowed chair I think, not towards Ewing's buyout. . . 😁
Former U.S. Sen. Richard Shelby donated $4 million from his campaign account to Georgetown University, where his wife was the first tenured female professor at the prestigious university’s business school, according to a Federal Election Commission filing he submitted Tuesday.
Shelby made the $4 million charitable donation through his campaign account on Nov. 3, the filing showed.
Shelby’s wife, Annette Shelby, taught at Georgetown University’s McDonough School of Business, becoming the first female granted tenure at the institution. In 1991, the business school named her professor emerita.
Annette Shelby also directed Georgetown’s undergraduate and graduate programs at Oxford University.
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CAHoya07
Diamond Hoya (over 2500 posts)
Posts: 3,598
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Post by CAHoya07 on Feb 2, 2023 2:18:25 GMT -5
For an endowed chair I think, not towards Ewing's buyout. . . 😁 Former U.S. Sen. Richard Shelby donated $4 million from his campaign account to Georgetown University, where his wife was the first tenured female professor at the prestigious university’s business school, according to a Federal Election Commission filing he submitted Tuesday. Shelby made the $4 million charitable donation through his campaign account on Nov. 3, the filing showed. Shelby’s wife, Annette Shelby, taught at Georgetown University’s McDonough School of Business, becoming the first female granted tenure at the institution. In 1991, the business school named her professor emerita. Annette Shelby also directed Georgetown’s undergraduate and graduate programs at Oxford University. Let me get this straight - people donate to a U.S. Senator's election campaign. Eventually, senator ends up retiring. Senator donates $4 of the money raised from his election campaign to Georgetown University. Look, I think $4 mil to Georgetown is great... but how is this legal? Is this because he's retired? |
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,258
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Post by SSHoya on Feb 2, 2023 5:38:29 GMT -5
For an endowed chair I think, not towards Ewing's buyout. . . 😁 Former U.S. Sen. Richard Shelby donated $4 million from his campaign account to Georgetown University, where his wife was the first tenured female professor at the prestigious university’s business school, according to a Federal Election Commission filing he submitted Tuesday. Shelby made the $4 million charitable donation through his campaign account on Nov. 3, the filing showed. Shelby’s wife, Annette Shelby, taught at Georgetown University’s McDonough School of Business, becoming the first female granted tenure at the institution. In 1991, the business school named her professor emerita. Annette Shelby also directed Georgetown’s undergraduate and graduate programs at Oxford University. Let me get this straight - people donate to a U.S. Senator's election campaign. Eventually, senator ends up retiring. Senator donates $4 of the money raised from his election campaign to Georgetown University. Look, I think $4 mil to Georgetown is great... but how is this legal? Is this because he's retired? Under Federal Election Commission rules on the use of campaign funds, current and former office holders may use campaign funds for any lawful purpose as long as it is not considered "personal" use: Campaign funds may be used to pay ordinary and necessary expenses incurred in connection with one’s duties as a federal officeholder. Such expenses include the costs of winding down the office of a former federal officeholder for a period of six months after he or she leaves office. Winding down costs include the following: -Donations to charitable organizations defined in 26 U.S.C. § 170(c), unless the candidate receives compensation from the organization before the organization has expended the entire amount donated for purposes unrelated to the candidate’s personal benefit. -Unlimited transfers to any national, state or local political party committee; -Donations to state and local candidates, pursuant to state law; and -Any other lawful purpose, unless such use is personal use. www.fec.gov/help-candidates-and-committees/winding-down-candidate-campaign/winding-down-costs/Commission regulations provide a test, called the "irrespective test," to differentiate legitimate campaign and officeholder expenses from personal expenses. Under the "irrespective test," personal use is any use of funds in a campaign account of a candidate (or former candidate) to fulfill a commitment, obligation or expense of any person that would exist irrespective of the candidate’s campaign or responsibilities as a federal officeholder. More simply, if the expense would exist even in the absence of the candidacy or even if the officeholder were not in office, then the personal use ban applies. Conversely, any expense that results from campaign or officeholder activity falls outside the personal use ban. www.fec.gov/help-candidates-and-committees/making-disbursements/personal-use/ |
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