All posts tagged "U of L Foundation"

  • Details hidden in new foundation, university agreement

    By Shelby Brown– The U of L Foundation went behind closed doors twice today, voting on a potential deal, whilst keeping the terms under wraps. The agreement, still in draft form, was not released. Foundation Director Earl Reed...

    • Posted October 26, 2017
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  • University’s real estate foundation cedes three properties’ development rights to NTS

    By Kyeland Jackson — U of L’s giving development rights for some properties to NTS, a real-estate company, for money. The deal gives NTS development, construction and management rights to three buildings on the Shelbyhurst campus. In...

    • Posted August 23, 2017
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  • The Louisville Cardinal News
    Five staff positions cut from advancement department

    By Shelby Brown– U of L last week cut five employees from its fundraising department, even as gifts to academic programs plummeted 25 percent in the past year. Insider Louisville first reported the terminations. Donations to U of...

    • Posted July 21, 2017
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  • Grawemeyer Hall, U of L
    U of L Foundation fires chief financial officer

    By Kyeland Jackson — U of L fired its chief financial officer Tuesday, marking further fallout from the scathing June 8 audit. Foundation Chair Diane Medley would not say if Tomlinson was fired for cause and said...

    • Posted July 18, 2017
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  • Foundation paid executives $8 million in deferred compensation last fiscal year

    By Kyeland Jackson — Between July 2016 and now, the U of L Foundation paid executives more than $8 million in deferred compensation. The ULF Accounting Supervisor Justin Ruhl detailed the payouts during July 14’s finance committee...

    • Posted July 13, 2017
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  • Costs grow for audit expansion

    By Kyeland Jackson — The price to further investigate the University of Louisville Foundation may have doubled. Estimates now price the audit expansion could cost up to $400,000, dwarfing Board Chair David Grissom’s June 15 guess of...

    • Posted July 12, 2017
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  • 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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  • U of L Foundation; ULF
    U of L Foundation to investigate audit, further reform

    By Kyeland Jackson — The University of Louisville Foundation created an ad-hoc committee to investigate last week’s audit. The committee, chaired by trustee Earl Reed and including the ULF Chair Diane Medley, would investigate the audit and recommend...

    • Posted June 14, 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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  • The Louisville Cardinal News
    Faculty to demand greater role in university governance

    By Kyeland Jackson — U of L’s A&S faculty assembly will demand a greater role in governance via two resolutions, citing consequences reaped from the former central administration and the $48 million budget shortfall. The first resolution...

    • Posted March 27, 2017
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