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Tag: finances

Update on Cav Daily Pledge Drive

When we first wrote last week, we faced a critical deadline to prove that The Cavalier Daily could retire its past-due rent. The swift and significant response from alumni and the wider University community has allowed us to meet that deadline. In less than 48 hours, we had in hand pledges to dissolve the Cav […]

Category:
Request for Help

Pledge to Support The Cavalier Daily

The Cavalier Daily’s financial situation has reached a critical point, and its survival may depend on your support. We write to explain the situation and to ask that you do all you can, as soon as you can, to help. Pledge $100 for student journalism As advertising revenues declined over the past several years, the […]

Category:
Request for Help

Needed: Cav Daily Alumni with Business or Financial Expertise

On June 24, the CDAA voted unanimously to approve $15,000 in order to assist with The Cavalier Daily‘s operating debts and expenses. Provisions of this funding allocation also will establish a new financial oversight committee tasked with: evaluating the newspaper’s business model and accounting practices (including its print schedule, recurring costs, etc.) suggesting potential alternative […]

Category:
Request for Help

Emergency Funding for CD Approved

Earlier tonight, the Cavalier Daily Alumni Association board voted unanimously to provide $15,000 in emergency aid to The Cavalier Daily to help stabilize newspaper’s precarious financial situation. “We are all very lucky to have had the benefit of The Cavalier Daily during our time on Grounds,” says Thomas Madrecki, CDAA president. “Whether you graduated three decades ago […]

Category:
CDAA Votes

Final Funding Proposal on Docket

After considering The Cavalier Daily managing board’s recent request for emergency funding, Cavalier Daily Alumni Association board members have drafted a proposal outlining potential support and accompanying stipulations. Read the proposal (PDF) The Cavalier Daily Alumni Association board will vote on this proposal on Monday, June 23, 2014. Results of the vote, including any commentary, will be posted […]

Category:
Items for Review

CD Hires Professional Ad Manager

The phone calls I receive before 9 a.m. rarely bring good news—a staffer calling me to tell me that today’s newspapers are yet to be delivered, an advertiser calling to tell me there is a problem with the quality of his print advertisement. As editor-in-chief it is my duty to handle all of those calls, […]

Category:
Student Contributions