All posts tagged "diane medley"

  • Grawemeyer Hall, U of L
    U of L board chair: audit “report paints a disturbing picture”

    By Shelby Brown and Kyeland Jackson– An audit released June 8 found damning evidence against U of L’s foundation, revealing ULF overspent, hid transactions from its directors and tried hiding information from the media. The audit, anticipated...

    • Posted June 8, 2017
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  • U of L Foundation approves its first line-item budget

    By Kyeland Jackson — The University of Louisville Foundation approved its first line-item budget Tuesday, a common financial practice unseen in former president James Ramsey’s tenure. The line-item budget, a move towards transparency, details what assets and liabilities...

    • Posted April 25, 2017
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  • Foundation cuts $13.7 million from U of L

    By Kyeland Jackson — The University of Louisville Foundation will cut $13.7 million from U of L, combating extensive spending by the foundation’s prior administrators. The cuts promise changes for the university, which operated on inflated figures until...

    • Posted March 29, 2017
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  • Foundation bars employee agreements until forensic audit completes

    By Kyeland Jackson — The U of L Foundation approved a resolution barring employment, settlement or termination agreements with current or future workers on Feb. 28. U of L Board of Trustees Chair David Grissom suggested the resolution,...

    • Posted February 28, 2017
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  • Interim preisdent Greg Postel, by Reagan Mikesell
    Next year’s budget faces $48 million hurdle

    By Kyeland Jackson — U of L must account for $48 million to balance next years’ budget, possibly asking the university draw funds from salaries, halt projects and increase revenues. Interim President Greg Postel presented the budget...

    • Posted February 16, 2017
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  • Foundation nominates six new directors

    By Kyeland Jackson — The University of Louisville Foundation’s nominating committee nominated six at-large directors to the ULF board Feb. 7. ULF’s committee suggested the following members and term end dates: Mike Bowers – June 30, 2018 Laura Douglas...

    • Posted February 7, 2017
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  • The Louisville Cardinal News
    Foundation to nominate new directors

    By Kyeland Jackson — The University of Louisville Foundation’s nominating committee is scheduled to nominate new at-large directors to ULF’s board tomorrow. The committee meets Feb. 7 at noon. Nominations, if approved, require foundation board approval before...

    • Posted February 6, 2017
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  • The Louisville Cardinal News
    U of L Foundation announces four director resignations

    By Shelby Brown– Newly elected Chairwoman of the University of Louisville Foundation Board of Directors Diane Medley announced four directors resigned Feb. 2.Salem George, Joyce Hagan, Margaret Handmaker and Dr. William Selvidge have all turned in their...

    • Posted February 2, 2017
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  • U of L Foundation; ULF
    Internal foundation audit could cost up to $897,000

    By Kyeland Jackson — An internal audit investigating the University of Louisville Foundation’s financial records and procedures will cost up to $897,000. The Courier-Journal first reported the story, obtaining the contract between ULF and Alvarez & Marsal,...

    • Posted December 24, 2016
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