All posts tagged "foundation"

  • U of L Foundation fires Kathleen Smith

    By Shelby Brown– The U of L Foundation has fired administrative officer Kathleen Smith, who had been on paid leave following the resignation last fall of former President James Ramsey. Chief Operating Officer Keith Sherman confirmed Smith’s...

    • Posted June 22, 2017
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  • The Louisville Cardinal News
    Audit findings, hiring concerns overshadow Staff Senate agenda

    By Shelby Brown– Anger over the U of L Foundation audit extended the June 12 staff senate meeting by an hour as each discussion led back to the shocking report released June 8. “It was really disturbing...

    • Posted June 12, 2017
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  • 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
    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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  • opinion
    Students bear the burden of foundation overspending

    By Megan Brewer– U of L’s Board of Trustees had three different budget discussions the week of May 14 to find ways to fill the $48 million shortage in 2017-18, but not all of the trustees showed up...

    • Posted May 19, 2017
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  • Grawemeyer hall, thinker, thinker statue, u of l, louisville, university of louisvilleGrawemeyer hall, thinker, thinker statue, u of l, louisville, university of louisville
    A “yuge” year: TLC’s biggest 2016-17 stories

    By Kyeland Jackson — It was a long year for the University of Louisville. Controversial elections, erased boards and accreditation threats were some of many events on and around campus. The Cardinal ranks what happened and why it...

    • Posted April 15, 2017
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  • Board of trustees approves lease of Cardinal Towne and University Pointe

    By Brooke Moody– Management of Cardinal Towne and University Pointe will transfer to University of Louisville Housing for the 2017-18 academic year. The U of L Board of Trustees approved a one-year lease of the properties during...

    • Posted March 16, 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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  • 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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  • Brief: Foundation elects Diane Medley as chair

    By Kyeland Jackson — Diane Medley has officially been named the University of Louisville Foundation’s chair, with Mark Lynn elected as treasurer. Brucie Moore was the foundation chair before Medley, but was deposed by Senate Bill 12’s...

    • Posted January 24, 2017
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