Education
U of L Foundation Settles Records Lawsuit With KyCIR
|
It marks our newsroom’s latest victory in our fight for openness in Kentucky’s institutions, and a victory for all those who believe that sunlight is the greatest disinfectant.
Kentucky Center for Investigative Reporting (https://kycir.org/tag/james-ramsey/page/2/)
It marks our newsroom’s latest victory in our fight for openness in Kentucky’s institutions, and a victory for all those who believe that sunlight is the greatest disinfectant.
For critics, the audit confirmed well-known complaints and suspicions. For Ramsey and his defenders, the audit had misleading findings and no smoking gun. One expert said taxpayers should be concerned.
A new state audit slammed the University of Louisville Foundation and its leadership, citing examples of broken bylaws, a “dysfunctional governing climate” and a lack of transparency.
A top University of Louisville executive who was under FBI investigation for alleged misuse of funds was given a $1.15 million parachute this week to leave.
If the University of Louisville lost its accreditation, it would likely shut down — or at least cease to exist as you know it.
Moody’s Investor Service downgraded the credit ratings for both the university and the University of Louisville Foundation, citing “ongoing legal challenges and leadership changes.”
A former staffer of the University of Louisville men’s basketball team provided at least $5,400 in stripteases, sex acts and cash to recruits, athletes and coaches, according to the NCAA.
The University of Louisville Board of Trustees on Thursday reversed course on an earlier proposal to sue its own foundation for records, a sign that tensions have eased following a series of scandals and leadership changes.
Following a KyCIR investigation, the chairman of the University of Louisville Board of Trustees called for further examination of a real estate transaction involving the school’s foundation and a major donor.
KyCIR reveals how the university’s nonprofit fundraising arm took a 99 percent ownership stake of a vacant factory in Oklahoma. The move appears to have no academic purpose and raises ethical red flags, experts said.