FBI: employee embezzled $450,000 over two years from Naropa University.

Via on Apr 2, 2010

naropa embezzled embezzle embezzlement

Naropa University, already engaged in responsible, necessary cuts, is alerted to the theft of nearly half a million dollars.

Click here for our photo tour of the main Arapahoe campus.

It’s sad news when someone rationalizes the stealing of money from a relatively small institution dedicated explicitly to the greater good, contemplative education. For an institution of Naropa’s size, $450,000 over two years could have paid for so many scholarships, so many increased salaries for teachers, so many repairs…it hurts to think about it.

But let’s turn this into a constructive situation, at least to a small extent. Use this tragedy, and our love for Naropa and its past and future, to give, if so inspired:

donate naropa

Via the Daily Camera:

Lord said he could not speculate on why the employee engaged in embezzlement, and he could not discuss how she was able to steal such a large amount of money without being detected because the investigation is ongoing.

Naropa University, a nonsectarian liberal arts school founded on Buddhist principles, has an annual budget of $22 million. While the university is in the process of dealing with an onging budget gap, Lord said the loss of funds from the embezzlement would not affect the university’s finances or programs and would not create any changes for students or faculty.

naropa
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naropa daily camera
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With big best wishes, and knowing we’ll get through this, from elephant‘s readers to Naropa’s community.
~

In other, brighter news, here’s just a hint at what’s going on at Naropa these days:
Hi Way,

Naropa University has a few town halls coming up this month and that are free and open to the public. See list of events with details below.

*   Dr. Paula Green, founder of the Karuna Center for Peacebuilding and has been recognized internationally for her conflict resolution work in the Middle East and Bosnia.
*   Dead Man Walking Town Hall- The event will feature a discussion of the death penalty led by Colorado University Sociology Professor Michael Radelet and Howard Morton of Homicide Victims and Missing Persons.
*   Naropa University’s BFA Performance and Peace Studies Department are proud to present “Dead Man Walking” written by director Tim Robbins, as part of the National Dead Man Walking School Theatre Project.
*   Alfie Kohn will deliver a lecture to support his new book, The Homework Myth: Why Kids Get Too Much of a Bad Thing. Time magazine described him as “perhaps the country’s most outspoken critic of education’s fixation on grades [and] test scores.” This event has a entry fee.
*   Congressman Jared Polis Town Hall will speak about education and healthcare.

Building Peace in a Stormy World: A Journey of Service, Hope, and Faith by Paula Green
Performing Arts Center, Naropa University
2130 Arapahoe Avenue, Boulder, CO 80302
Wednesday, April 7, 12:00 p.m.
Free

Naropa University presents a Frederick P. Lenz Foundation for American Buddhism public lecture with Dr. Paula Green. Dr. Green was selected as a winner of the Unsung Heroes of Compassion, which was awarded to her by His Holiness the Dalai Lama in April 2009.  She is also the founder of the Karuna Center for Peacebuilding and has been recognized internationally for her work in conflict resolution in the Middle East and Bosnia. For more information, please contact Janine Ibbotson at jibbotson@naropa.edu or call 303-546-3588.

The Homework Myth: Why Our Kids Get Too Much of a Bad Thing with Alfie Kohn
Nalanda Events Center, Naropa University
6287 Arapahoe avenue, Boulder, CO 80303
Saturday, April 17, 8:00 a.m.
Tickets: $25.00 General; $10.00 Students

Alfie Kohn will deliver a lecture to support his new book, The Homework Myth: Why Kids Get Too Much of a Bad Thing. Time magazine described him as “perhaps the country’s most outspoken critic of education’s fixation on grades [and] test scores.” His criticisms of competition and rewards have helped to shape the thinking of educators-as well as parents and managers-across the country and abroad. Kohn has been featured on hundreds of TV and radio programs, including the “Today” show and two appearances on “Oprah”; he has been profiled <http://www.alfiekohn.org/articles.htm#intv_profile> in the Washington Post and the Los Angeles Times, while his work has been described and debated in many other leading publications. He has written eleven books. To purchase tickets, visit http://www.acteva.com/booking.cfm?bevaid=197568

Monday, April 19 at noon
Town Hall with Congressman Jared Polis
Performing Arts Center, 2130 Arapahoe Ave.
Free and open to the public. A light lunch will be served.
Boulder’s Congressman Jared Polis will share the latest news from Washington about higher education, health care and immigration.

Polis, the first openly gay man elected to Congress as a freshman, has served on Colorado State Board of Education and founded schools to serve homeless and immigrant populations. His commitment to education and willingness to tackle complex issues has earned him the reputation as a champion of the common people.

Before being elected to Congress, Polis was active in the business world. He started his first company while attending Princeton, American Information Systems. Since then, he has launched several others and he has been called one of America’s “Top Ten Entrepreneurs” by Success Magazine.

In 2000, he founded the Jared Polis Foundation, which provides micro-grants to teachers and schools that have shown outstanding commitment to their community through education. The Foundation’s Community Computer Connection program refurbishes and donates more than 3,500 computers a year to schools and non-profit organizations that serve disadvantaged students.

Naropa University Students Explore Death Penalty as part of the National Dead Man Walking School Theatre Project
Performing Arts Center, Naropa University
2130 Arapahoe Avenue, Boulder, CO 80302
Friday, April 30 & Saturday, May 1, 8:00 p.m.
$10 general admission; Free for Students, Seniors

Naropa University’s BFA Performance and Peace Studies Department are proud to present “Dead Man Walking” as part of the National Dead Man Walking School Theatre Project. Written by actor, director Tim Robbins, “Dead Man Walking” has been performed in more than 170 high schools and colleges across the country and brought the issue of the death penalty to life through art, music, and public education. For more information, contact the Box Office at 303-245-4798 or boxoffice@naropa.edu.

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13 Responses to “FBI: employee embezzled $450,000 over two years from Naropa University.”

  1. Link to Daily Camera article is broken, should be
    http://www.dailycamera.com/boulder-county-news/ci

  2. JinpaG says:

    Way,
    Thanks for posting and encouraging folks to make offerings to Naropa of a beneficial financial kind! This is sad news,
    indeed. A big, painful wake-up call. Let's never lose sight of waking up basic goodness in ourselves and the world, while not falling prey to idiot compassion either.

    Also, big thanks for posting video of Dovekins performing at Naropa U. Had never heard them before, and it's always great to hear/see/experience the super talent that lives at, and arises out of, the little university down the hill.

  3. V says:

    wow! And I was just talking to a friend today about Naropa. How sad what greed will do! :-(

  4. Any news on whodunnit?

  5. [...] journal, Naropa University trackback This depressing news via our buddy and editor Waylon Lewis at elephant journal: Naropa University, already engaged in responsible, necessary cuts, [was recently] alerted [by [...]

  6. Sad story and great idea for people to donate and make up their losses so they can carry on this importrant work.

  7. I’m not in a situation to donate, so perhaps it is inappropriate for me to comment, but it should be stressed that not having adequate controls over Accounts Payable is terrible – truly, inexcusable. Naropa’s failure in administration is the culprit as much as anything or anyone. Firing the A/P clerk, VP of Finance and Comptroller is a necessary good start, but inquiry should be made about how the losses were hidden and how others in the accounting department and in senior management and on the Board of Directors didn’t have some suspicions. Or, couldn’t comfortably report their suspicions to higher ups.

  8. Merely replacing those who were fired isn’t enough because that alone doesn’t prevent the same thing from happening again. Top management is responsible for there being adequate controls. Donors to Naropa should require that ‘complete’ answers be given first, very much including a statement of what will be done different in the future to fully prevent something similar from happening in the future.

    Just because we're Buddhist and liberal should very much NOT mean we countenance sloppy management and financial controls.

    For years, Tricycle magazine spent more raising funds that what funds it raised. Sloppy accounting in Buddhism World should be tolerated LESS here than anywhere.

  9. thanks for the above cool post. It sure was super cool.

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