- Associated Press - Saturday, June 18, 2016

JACKSON, Miss. (AP) - Jackson State University’s development foundation canceled all of its credit cards after an independent accountant found thousands of dollars in questionable, unapproved or undocumented purchases.

The Clarion-Ledger in Jackson (https://on.thec-l.com/1ZYFpcL ) obtained a copy of the accountant’s report, showing JSU’s former Vice President of Institutional Advancement, David Hoard, spent almost $24,000 from the university’s development foundation at casinos and on personal items, including cigarettes, meals, movie tickets, travel and utilities.

Hoard did not return the Clarion-Ledger’s requests for comment. The newspaper reports that Hoard reimbursed the foundation for charges flagged as questionable in December 2014, when the report was privately released to the nonprofit foundation and the state College Board. University records show Hoard was fired from JSU in August 2014.

“At this time, I am confident that the JSUDF employs appropriate and aggressive internal controls, processes and procedures to insure that all donations to the JSUDF are spent properly,” Jackson State President Carolyn Meyers said in response to written questions from the Clarion-Ledger.

Meyers would not answer whether or not Hoard was fired due to his credit card spending.

The report’s release to the foundation board was not the first time the matter had come to its attention, according to the report.

“Issues regarding questionable credit card transactions were reported to various JSUDF board members between 2012 and 2014,” the report said. “No significant actions were taken to address the issue until 2014.”

Meyers said she discovered concerns regarding credit card use from a foundation board member during summer 2014.

JSU’s foundation collects funds that donors can designate as either restricted for certain purposes, such as scholarships, or unrestricted, meaning spending decisions are left to the nonprofit’s board of directors and JSU president.


Information from: The Clarion-Ledger, https://www.clarionledger.com

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