All posts tagged "foundation"

  • 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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  • 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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  • Foundation spending deemed unsustainable

    By Kyeland Jackson — Spending by the University of Louisville Foundation could soon outstrip its resources, according to Cambridge Associates, ULF’s financial advisors. Cambridge Associates made the statement Wednesday as part of an annual endowment update. Their...

    • Posted December 21, 2016
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  • U of L Foundation; ULF
    Foundation steps towards transparency

    By Kyeland Jackson — The University of Louisville Foundation took steps to alleviate university concerns Friday. Creation of a joint audit oversight committee was approved by the foundation. The committee, comprised of Diane Medley, Mark Lynn and an executive director,...

    • Posted September 23, 2016
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  • SGA President Aaron Vance
    SGA President to U of L Foundation: “Enough is enough”

    By Aaron Vance — On behalf of the student body, enough is enough. Students are worried. Donors are talking about pulling out. The trajectory of the university has been called into question. And most concerning, it seems...

    • Posted September 16, 2016
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  • Grawemeyer Hall U of L
    U of L Foundation receives negative debt rating

    By Kyeland Jackson — Moody’s, a debt rating service, has changed the U of L Foundation’s rating from “stable” to “negative,” according to a statement released by the group May 23 and a report by the Courier-Journal. The rating...

    • Posted May 27, 2016
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  • The Louisville Cardinal News
    U of L low on endowment return list

    By Olivia Krauth– U of L has one of the lowest returns amounts in Kentucky public higher education, according to five years’ worth of data examined by the Kentucky Center for Investigative Reporting. The story, released today,...

    • Posted May 25, 2016
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  • UL Foundation secretly discusses Ramsey in meeting

    By Olivia Krauth– The University of Louisville Foundation secretly discussed a show of support for President James Ramsey Monday, but only after closing the room to the public. One lawyer says it was an illegal discussion. According...

    • Posted March 9, 2016
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  • opinion
    U of L Foundation: We’re mad at the wrong people

    By Jacob Abrahamson The pressure has been on U of L President James Ramsey and the U of L Foundation this summer over payments to administrators, leading to the planned audit of the Foundation by the State...

    • Posted August 28, 2015
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