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.
Chris Kuwitzky has been named CFO and will be a key part of the team tasked with reviewing the university’s financial ...
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.
She resigned as Oklahoma State University president amid an investigation into the alleged mishandling of $41 million in ...
Former OSU President Kayse Shrum addresses audit findings, asserts no funds missing, and claims all actions followed legal ...
Oklahoma State University leaders are attempting to move forward after an audit revealed $41 million in state-appropriated ...
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 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 Innovation Foundation, Inc., formerly known as the Oklahoma State University Research Foundation, is at the center of a ...
OSU leaders back interim president amid audit fallout, as regents delay search for Kayse Shrum s replacement after 41M fund ...
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