Welcome, Guest. Please login or register.
Skip navigation

Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

Add topic

Post

Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

Wow, not only is he backing out, but want's his name taken off of the College of Business as well…I know some board members had quam with him, so this should be welcomed news to them…

"Former insurance magnate Barry Kaye has told Florida Atlantic University fundraisers he is unable to fulfill a $16 million pledge, the largest in FAU's history.

Kaye, 81, said Tuesday he would write the school a final $1 million check, bringing his total gift to $5 million and he asked to take his name off the College of Business. FAU accepted Kaye's revised agreement, which he blamed on economic conditions, according to a letter from Randy Talbot, executive director of the FAU Foundation."

Story
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

Bye Bye Barry Kaye.

What annoys me is that you can get your name on a building just by saying you are going to give a bunch of money.  That's pathetic.

I look forward to playing in fauowl Stadium.

Go Owls!!
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

While his full $16 million check would have been nice, FAU did get $5 million out of it and we'll be able to get a businessman with a better reputation to name the college.

P.S. I don't respond to guest posts. All guests are encouraged to register with the site.
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

You would figure the University taking an insurance policy out on something like that just in case we still get the money!
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

boozie132 said

You would figure the University taking an insurance policy out on something like that just in case we still get the money!

if they were wise, they would take one out on him…he's 81! :D



ok, ok just a joke!! :P
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

This story is ALL over the internet today.

FAU - THE REAL SLEEPING GIANT
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

Just sorry that his buisiness is "struggling" and that FAU is not gonna see that 11M! By the way, ALL schools basically sell themselves for money. Endowed chairs, buildings, etc...............
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

More troubles…….

Under fire in Ohio
Back to the top

Post

Re: Insurance magnate Barry Kaye unable to fulfill $16 million pledge to FAU

Done deal…name of of the College:

ERROR: A link was posted here (url) but it appears to be a broken link.

PBP Article
Back to the top
Control functions: