HighSchoolOT.com: Legislature’s concerns
include NCHSAA, as non-profit, having multi-millions
By CHRIS HOBBS
RALEIGH – The North Carolina Legislature has questions and some concerns about the role of the North Carolina High School Athletic Association (NCHSAA), a breaking report by HighSchoolOT.com says.
HighSchoolOT.com managing editor Nick Stevens provides a comprehensive report – a story, a video interview with Sen. Jim Perry (R-Lenoir) and a written response to questions by HighSchoolOT.com from Que Tucker, Commissioner of the NCHSAA – about those concerns.
Some of the key ones, Stevens reports, are a non-profit organization being in charge of public schools and the amount of money the NCHSAA has.
The majority of revenue the NCHSAA has is in its Endowment Fund.
When asked, Tucker did not respond with a specific amount the NCHSAA has but invited any member school to review association finances by visiting headquarters in Chapel Hill.
It has been many years since the Endowment Fund balance has been reported.
In reporting for several different newspapers, the last figure Chris Hobbs (editor and content coordinator of HobbsDailyReport.com) saw for the Endowment Fund approached $8 million (that was at least five years ago).
THE HIGHSCHOOLOT.COM STORY: https://www.highschoolot.com/legislators-question-nchsaa-s-role-in-public-schools-finances/19565094/
INTERVIEW OF SEN. JIM PERRY: https://www.highschoolot.com/sen-jim-perry-state-legislature-looking-into-concerns-surrounding-nchsaa/19565073/