Thursday, October 22, 2015

Founders Buys Naming Rights to University of South Carolina's Baseball Stadium

The State is reporting that Founders Federal Credit Union (Lancaster, SC) is buying the naming rights to the baseball stadium at the University of South Carolina.

The University's Board of Trustees unanimously approved a 10-year, $7 million naming rights and advertising deal that will change the name of Carolina Stadium to Founders Park.

This is another case of the credit union tax exemption not being used for its intended public policy purpose.

Read more here.
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