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Foundation to open books

Editorial

We could see this one coming a mile away, and thankfully so. Gov. Owens has signed legislation that forces the University of Colorado Foundation to open its expenditures to public scrutiny.

The CU Foundation has only itself to blame after its arrogant treatment of donors funds.

Money was used to pay for CU officials to take their spouses to bowl games and money targeted for scholarships was diverted to pay coaches’ salaries and country club fees.

Donors’ names would still be anonymous. The legislation applies to all 23 foundations in the state that support colleges and universities.

This bill should help tame the CU Foundation’s overindulgence in the athletic department. Now, we wait to see if new athletic director Mike Bohn can tame the football program.

We couldn’t help but notice the headline in the metro papers this week that he’s not in a hurry to renew football coach Gary Barnett’s contract.

Barnett is the last man standing in a scandal that took down CU President Betsy Hoffman, former athletic director Dick Tharp and caused Chancellor Richard Byyny to seek refuge at the school’s Denver campus.

Of course, a Big 12 conference championship and a victory over Nebraska could cure everything.


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