All posts tagged "endowment"

  • Foundation chief promises reform

    By Bailey Campagna — Foundation Interim Executive Director Keith Sherman touted the organization’s reform and strides to increase transparency to the faculty assembly Feb. 23. Sherman said the foundation’s legal team hired a consulting group to research the extent...

    • Posted February 24, 2018
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  • U of L Foundation
    Updated: U of L Foundation operating conservatively, hopes to see donors return

    By Shelby Brown– The U of L Foundation’s interim director says the dwindling non-profit will be stabilized by following previously-ignored financial advice from its investment managers. “They gave certain advice that wasn’t necessarily heeded or accepted,” Keith...

    • Posted May 30, 2017
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  • U of L Foundation overspent under Ramsey

    By Shelby Brown– The U of L Foundation overspent drastically under former president James Ramsey, over-reported its assets and is struggling to find new donors, according to a report in today’s meeting. Foundation executive director Keith Sherman...

    • Posted March 14, 2017
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