10/10/2019 - Jackson, Miss.
Concerning the article, "Ole Miss Foundation, College Board gridlocked over $500K of new Chancellor Glenn Boyce's salary," published on the Mississippi Today website under Adam Ganucheau's byline this afternoon, the following clarifications are provided.
Any rumors of the Board of Trustees considering replacing the membership of the governing board of the UM Foundation are simply false.
IHL Policy 301.0806 was amended earlier this year to provide greater autonomy to the foundations and other similar entities affiliated with the universities. The amendments to the policy were approved for first reading at the June Board meeting, with final approval granted at the August Board meeting, during the University of Mississippi Chancellor search.
One of the most substantive changes to the policy was the deletion of Section I. Section I dealt with restructuring the governing boards of organizations affiliated with the universities in the event of irreconcilable differences. Prior to deletion of the section, the Board of Trustees had the ability to replace the members of the governing board of a foundation/alumni association under certain circumstances. Because the Board of Trustees believed that this was not an appropriate remedy under any circumstance, the Board voted to delete this provision from its policy in its entirety.
Further, the Board of Trustees has not tried to dictate that the University of Mississippi Foundation pay a supplement; it has merely made the request, as it has done with previous Chancellors and other presidents at the eight public universities in the state. The Foundation is under no obligation to agree to provide the supplement.
The UM Foundation Board and the Board of Trustees are not at an impasse. The Foundation Board will vote at its next meeting and the Board of Trustees will accept that decision, whatever that decision may be.
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The Mississippi Board of Trustees of State Institutions of Higher Learning governs the public universities in Mississippi, including Alcorn State University; Delta State University; Jackson State University; Mississippi State University including the Mississippi State University Division of Agriculture, Forestry and Veterinary Medicine; Mississippi University for Women; Mississippi Valley State University; the University of Mississippi including the University of Mississippi Medical Center; and the University of Southern Mississippi.