It is believed that the act was committed by someone employed in UGA’s development office, according to a person familiar with the situation.
UGA raised approximately $34 million in football ticket revenue as of Dec. 31, 2021, according to the athletic association’s latest treasurer’s report. The athletic department raises money from donors through two primary funds: the Magill Society, which has more than 1,100 members, and The Bill Hartman Fund, which is the longtime account for athletic ticket sales. A minimum donation is required for the right to buy Georgia football tickets. The Bulldogs sell out of their allotment of 60,000 season football tickets every year.
UGA Athletics maintains approximately $71 million in unrestricted assets, $61 million of which is tied up in investments through the UGA Foundation. Its budget for the fiscal year that ends June 30 is $150.5 million.
UGA officials did not respond to requests for comment.