Osu! cuts funding to Innovation Foundation
OSU discontinues funding of foundation whose audit led to Shrum resignation
In an email to faculty and staff, Interim President Jim Hess said funding has been "discontinued" for "The Innovation Foundation at OSU and the shared services and facilities positions within it. This decision was necessary as the financial structure of The Innovation Foundation is simply not sustainable."
OSU cuts funding to Innovation Foundation in response to audit results
Oklahoma State University will cease funding for its Innovation Foundation after an audit revealed $41 million in misappropriated funds, with $11.5 million transferred without proper contracts. Organizational changes are also underway.
An OSU/A&M regent says an internal audit that apparently led to former President Kayse Shrum's resignation started with a ...
Oklahoma State University has hired Chris Kuwitzky as new chief financial and administrative officer for the OSU system.
Former OSU President Kayse Shrum addresses audit findings, asserts no funds missing, and claims all actions followed legal ...
Jennifer Callahan, an Oklahoma City attorney with a background in nonprofit and corporate governance, said she did not like the way the Innovation Foundation operated.
Oklahoma State University leaders are attempting to move forward after an audit revealed $41 million in state-appropriated ...
The audit findings have sparked a range of reactions on social media, with some expressing disbelief, others sharing frustration, and some speculating about the motivations behind the audit’s findings ...
The Oklahoma State University audit that revealed $41 million in misappropriated state funding was urged by confidential complaints from university employees, regent Jennifer Callahan said. The funds ...
The Innovation Foundation, Inc., formerly known as the Oklahoma State University Research Foundation, is at the center of a ...
KRMG Tulsa on MSN6d
Recent audit claims OSU mismanaged millions of taxpayer dollarsThe report claims $41 million provided by the Oklahoma Legislature to the OSU Medical Authority (OSUMA) was not “properly ...
OSU leaders back interim president amid audit fallout, as regents delay search for Kayse Shrum s replacement after 41M fund ...
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