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Author Topic: SWAC office misused funds  (Read 344 times)

Offline Professor

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SWAC office misused funds
« on: December 05, 2017, 01:09:12 PM »
Well this explains why Duer Sharp left so quickly

Duer Sharp’s resignation as SWAC Commissioner last week, just two days before the conference championship game, seemed to have come out of nowhere. But as HBCU Gameday first reported last week, it appears more complicated than that.

HBCU Gameday has obtained exclusive access to a memo sent from the NCAA to each President in the SWAC that outlines a misuse of money by the conference office. The funds in question are from the Student-Athlete Opportunity Fund (SAOF) and were mismanaged over the course of several years.  Funds from the SAOF are distributed directly to conference offices from the NCAA and then distributed to the eligible student-athletes at each conference institution.


https://hbcugameday.com/2017/12/04/ncaa-sends-swac-letter-over-fund-misuse/

Offline westcoastaggie

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Re: SWAC office misused funds
« Reply #1 on: December 05, 2017, 01:31:49 PM »
I went ahead and added the most recent SWAC taxes I could find. It shows that the front office ran a deficit for that year. Don't know if this means anything.

Link to 2015 SWAC 990 Tax Form:

http://990s.foundationcenter.org/990_pdf_archive/640/640679979/640679979_201506_990.pdf

Due Sharp was at the SCG and presented Grambling their trophy and Celebration Bowl invite.

 

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