All posts tagged "foundation"

  • 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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  • 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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