UofL Foundation board fires CFO Jason Tomlinson
Tomlinson had been on paid leave for over a month, but his attorney called the move "precipitous," claiming the foundation had recently offered a buyout.UofL Foundation board creates committee to further investigate audit findings
The new committee may further investigate information within the audit, so that if litigation is needed, the foundation has the strongest case possible.UofL Foundation chief financial officer placed on paid leave in wake of scathing audit
Jason Tomlinson, the UofL Foundation's chief executive officer since 2013, has been placed on paid leave, just a day after the foundation's scathing audit.UofL Foundation director expects endowment gifts to pick back up after forensic audit is released next week
Gifts to the UofL endowment in the first 10 months of the fiscal year totaled $23 million, nearly $31 million less than at this point in the 2015-2016 year.Pharmacogenetics company tied to UofL Foundation files for bankruptcy
The UofL Foundation has a 32 percent membership and heavy investment in PGXL, which filed bankruptcy due to an overpayment demand from Medicare.UofL Foundation claims it is paying no costs for $102K office renovation
"We are becoming more and more aware of many transactions that occurred at the foundation without appropriate approvals. This appears to be one of them.”UofL Foundation declines to move forward on forgiving $28 million in debt owed to endowment
Board chair says the foundation needs thoroughly vetted and accurate information on the nature of UHI's debt before any action is taken to forgive it.UofL Foundation board nears compromise with trustees on independent audit of foundation finances
Foundation board's resolution creates joint committee to select a national accounting firm for the audit, with the university hiring and directing the auditUniversity of Louisville submits plans for 11-story downtown office and retail building
The University of Louisville Foundation plans to build an 11-story, 329,394-square-foot office building in downtown Louisville.
