endowment to fund the university into the future. Funding had become too low and unpredictable for UO officials, and the new model would provide the university with a consistent stream of funding and the legal freedom to borrow money for large capital projects. Lariviere's proposal called for $800 million in state bonds and "an equal amount" of private gifts. The new funds would provide a large boost to UO's then modest endowment.
In a 2010 interview, UO booster Phil Knight discussed the New Partnership. Knight explained that Lariviere's plan would allow UO greater control and possibly allow it to set its own tuition for in-state students.
Oh, I talk to [Lariviere] on a regular basis. I spoke with him a couple of days ago. He was mostly talking about -- his view is the next step to upgrade the academic side of the university is to get the Legislature to go along with his plan, which is a little bit complicated, but it's to take a step -- I hate to use the word because it's an oversimplification -- but to take …
