KyCIR: U of L may sue its own foundation if unable to reach agreement over misspent funds

By Kate Howard Kentucky Center for Investigative Reporting The University of Louisville is considering suing its own foundation in the wake of a damaging audit and months of talk about recouping misspent money, according to leaders at the U of L Foundation. Earl Reed III, chairman of a U of L Foundation subcommittee, said in an affidavit provided to the Kentucky Center for Investigative Reporting that...

KyCIR: Request from donor leads to questionable U of L purchase of vacant Oklahoma factory

By Kate Howard Kentucky Center for Investigative Reporting A major donor went to the University of Louisville Foundation in 2014 with a proposition. The company Henry Vogt Heuser Jr. ran for nearly three decades was in bankruptcy. His factory, empty and racking up expenses, was for sale. Would the foundation be interested in making a deal and helping him out? University leaders assured Heuser it would. There...

Bevin announces plans to reorganize a ‘dysfunctional’ U of L board; Ramsey resigns

Gov. Matt Bevin announced a reorganization of the University of Louisville’s Board of Trustees, as established by the provisions of KRS 164.821. This reorganization is subject to the approval of the General Assembly in 2017. Bevin made the announcement during a news conference at the Capitol Friday morning. James Ramsey “There have been a number of incidents in recent months and years related...

Billy Reed: Bellarmine president insisted on maintaining balance between academics, athletics

The last time I saw Jay McGowan, we talked briefly about his plans to start a football program at Bellarmine University. In one sense, it was a pragmatic decision – he wanted to attract more male students. But he also had seen what the success of Coach Scott Davenport’s basketball program had done for the student morale, community profile, and national visibility. Now those plans will have to be...

Billy Reed: For the University of Louisville, maintaining status quo no longer an option

It the wake of the national scrutiny that a sex scandal has brought to the University of Louisville, it’s time for coach Rick Pitino and school officials to put the best interests of the institution first as they consider what to do next (UofL Athletics Photo)   As a result of one of the most bizarre sports scandals ever, the University of Louisville finds itself at a defining moment in...

Dentist and wife give UofL dental school $5 million to start an endowment fund for future

Dr. Wayne and Sue Mortenson give the UofL School of Dentistry a gift of $5 million to create an endowment fund. (Photo provided)   A firm belief in the value of education is one reason alumnus Dr. Wayne Mortenson and his wife Sue have committed to a planned gift of $5 million to create an endowed fund to meet future priorities of the University of Louisville School of Dentistry.   “We are...