ORU Receives $70 Million Pledge
Days after Oral Roberts University (ORU) President Richard Roberts resigned and the same day that the school’s Board of Regents announced their plans to separate finances and leadership from Oral Roberts Ministries, the scandal-ridden school received a $70 million pledge, the Associated Press (AP) reported.
Mart Green, founder of the Christian-based office supply store chain Mardel, announced that he would immediately give the school $8 million and the other $62 million after a 60- to 90-day review of the school’s financial records.
Green, who stated he has no ties to ORU, said he had been following the story in the media of the school’s recent troubles and decided he wanted to help move the university forward. “Let’s straighten the ship,” Green said Tuesday. “Let’s get integrity. Let’s get trust built back and the rest will go away.”