Save ORU

ORU’s Debt Below $1 Million

saveoru — Wed, 17 Jun 2009 22:42:50 +0000

The”Renewing the Vision” Campaign helped bring the original debt of $50 million down to $720,000.

ORU Receives ECFA Accreditation

saveoru — Mon, 16 Mar 2009 16:21:28 +0000

Back in October of 2007, we called for ORU to join the Evangelical Council for Financial Accountability.

We are happy to report that this is now a reality. Positive changes continue to happen at the university every day. We can only hope that this will foster a growing trend of transparency among faith based non-profits. Read the announcement here.

Donations from ORU Alumni Up!

saveoru — Mon, 02 Mar 2009 16:29:25 +0000

This goes to show how real change at ORU has produced tangible results. The alumni feel they can “trust” their alma mater again.

“First-time donation levels among Oral Roberts University alumni are at their highest in more than 10 years.”

Read the story here.

And then… click the “Renewing the Vision” box to the right to help if you haven’t already!

Mark Rutland Named New ORU President

saveoru — Thu, 29 Jan 2009 16:37:02 +0000

After a long search, Mark Rutland, former president of Southeastern University, will take over the reins at Oral Roberts University. Read the Tulsa World Article Here.

ORU to Lay off 100 Employees

saveoru — Wed, 19 Nov 2008 18:01:40 +0000

Economic woes are touching almost every sector right now, and academia is no exception. ORU is not specifying which departments will experience cuts – but cites it as necessary to remain fiscally solvent. Ralph Fagin noted, “You can’t spend more than you’re taking in.” We wish someone would tell that to the government. Oh wait.

Read the AP Article Here

Roberts Separation Agreement Reached

saveoru — Wed, 19 Nov 2008 17:54:25 +0000

Richard Roberts will get a $223,600 salary from the school, under terms of a separation agreement announced last Friday minus unbilled personal and travel expenses. Richard and Lindsay still face a lawsuit from former ORU accountant Trent Huddleston.

Read the article here.

Official statement from Oral Roberts University.

ORU Lawsuit Could Be Settled

saveoru — Sat, 11 Oct 2008 08:19:34 +0000

Developing…

Investigative Report: ORU and The Amazing Invisible Audit

saveoru — Wed, 27 Aug 2008 16:37:36 +0000

Remember that independent audit that the former Board of Regents ordered last year? All evidence points to the fact that the audit was delivered ORALLY and NEVER delivered in writing. No really, we’re not kidding.

Please note that this was the audit delivered to the FORMER governing body of the school, which has since been replaced.

Normally we would write on this, but this time we’ll let you read another person’s excellent take on the matter. You won’t be disappointed.

Click here to read the analysis.

Fagin Gives State of the U. Address

saveoru — Sat, 23 Aug 2008 05:34:22 +0000

Highlights from the speech given by Dr. Ralph Fagin, interim president of ORU.

Debt has been cut to 18 million (from 55 million).

ORU has the capacity for 800 more students. This will fuel speculation on whether enrollment has dropped significantly due to the scandal. ORU is definitely in a “rebuilding phase.”

The university is starting a multi-million dollar scholarship fund.

Richard Roberts to get Severance Package

saveoru — Fri, 15 Aug 2008 09:04:13 +0000

This story is making the rounds…

Mart Green calls the severance package “fair and reasonable.”

Keep visiting SaveORU.com for more news and analysis.