Statement of Governor Perdue Regarding Regents Decision on the UGA Foundation
|Wednesday, May 26, 2004||
Contact: Office of Communications 404-651-7774
ATLANTA , GA - Governor Sonny Perdue issues the following statement regarding the Board of Regents decision on the University of Georgia Foundation:
"Yesterday the Georgia Board of Regents announced that it decided to end its relationship with the University of Georgia Foundation. It is noteworthy that this action was taken by a unanimous vote of the Board, appointed by my administration as well as those of my predecessors.
"Chancellor Meredith and the Regents have my full confidence and support in this matter. I believe this was a responsible action aimed at preserving the academic integrity of our flagship university as well as the University system as a whole. It is evident to me that the Regents felt that they had exhausted all other means of reconciling a situation that had become untenable.
" Georgia has a history of strong educational foundations whose members have made profound contributions to higher education in the state. These foundations serve a useful purpose, but that usefulness has its roots in a co-operative spirit between them and our University system as a whole."