{"id":5597,"date":"2017-06-08T16:51:35","date_gmt":"2017-06-08T20:51:35","guid":{"rendered":"http:\/\/www.khpi.org\/blog\/?p=5597"},"modified":"2017-08-08T20:50:15","modified_gmt":"2017-08-09T00:50:15","slug":"fiduciary-audit-of-uofl-foundation-looks-grim","status":"publish","type":"post","link":"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/","title":{"rendered":"Fiduciary Audit of UofL Foundation Looks Really Really Grim"},"content":{"rendered":"<p>Just got 269\u00a0pages of documents with\u00a0a summary.<\/p>\n<p>The\u00a0summary supports previous claims of major financial mismanagement\u2013 if not worse. Oversight by Foundation Board was feeble if not inadequate. Ramsey supporters, enablers, and apologists, and \u00a0shares blame with former President Ramsey and other University executives. The so-called elite, chardonnay swilling, trouble makers who dared rock the boast and ask questions are vindicated in spades.<\/p>\n<p>You can read the <a href=\"http:\/\/www.khpi.org\/blog\/wp-content\/uploads\/2017\/06\/executive-summary-fid-audit.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">executive summary<\/a> here.<\/p>\n<p>Statements\u00a0by current UofL President and Chairs of UofL Trustees and Foundation affirm their commitment to transparency and emphasize that the report reflects the management of previous administrations and boards.<\/p>\n<p>Bad enough to put people in jail or to claw-back money? \u00a0We&#8217;ll have to see.<\/p>\n<p>More when I dig into the details.<\/p>\n<p>Here is a copy of the <a href=\"http:\/\/www.khpi.org\/blog\/wp-content\/uploads\/2017\/06\/Final-AM-Report-6.8.17.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">entire document.<\/a> (6.7 MB) \u00a0What do you see that sticks out as either good or bad?<\/p>\n<p>Peter Hasselbacher, MD<br \/>\nPresident, KHPI<br \/>\n8 June 2017<br \/>\n4:50 pm<\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><div class=\"robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing\"><h3 class=\"sd-title\">Share this:<\/h3><div class=\"sd-content\"><ul><li><a href=\"#\" class=\"sharing-anchor sd-button share-more\"><span>Share<\/span><\/a><\/li><li class=\"share-end\"><\/li><\/ul><div class=\"sharing-hidden\"><div class=\"inner\" style=\"display: none;\"><ul><li class=\"share-facebook\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-facebook-5597\" class=\"share-facebook sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=facebook\" target=\"_blank\" title=\"Click to share on Facebook\" ><span>Facebook<\/span><\/a><\/li><li class=\"share-linkedin\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-linkedin-5597\" class=\"share-linkedin sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=linkedin\" target=\"_blank\" title=\"Click to share on LinkedIn\" ><span>LinkedIn<\/span><\/a><\/li><li class=\"share-end\"><\/li><li class=\"share-twitter\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-twitter-5597\" class=\"share-twitter sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=twitter\" target=\"_blank\" title=\"Click to share on Twitter\" ><span>Twitter<\/span><\/a><\/li><li class=\"share-email\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"\" class=\"share-email sd-button share-icon\" href=\"mailto:?subject=%5BShared%20Post%5D%20Fiduciary%20Audit%20of%20UofL%20Foundation%20Looks%20Really%20Really%20Grim&body=http%3A%2F%2Fwww.khpi.org%2Fblog%2Ffiduciary-audit-of-uofl-foundation-looks-grim%2F&share=email\" target=\"_blank\" title=\"Click to email a link to a friend\" data-email-share-error-title=\"Do you have email set up?\" data-email-share-error-text=\"If you&#039;re having problems sharing via email, you might not have email set up for your browser. You may need to create a new email yourself.\" data-email-share-nonce=\"9b91586637\" data-email-share-track-url=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=email\"><span>Email<\/span><\/a><\/li><li class=\"share-end\"><\/li><li class=\"share-end\"><\/li><\/ul><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Just got 269\u00a0pages of documents with\u00a0a summary. The\u00a0summary supports previous claims of major financial mismanagement\u2013 if not worse. Oversight by Foundation Board was feeble if not inadequate. Ramsey supporters, enablers, and apologists, and \u00a0shares blame with former President Ramsey and other University executives. The so-called elite, chardonnay swilling, trouble makers who dared rock the boast &hellip; <a href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fiduciary Audit of UofL Foundation Looks Really Really Grim&#8221;<\/span><\/a><\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><div class=\"robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing\"><h3 class=\"sd-title\">Share this:<\/h3><div class=\"sd-content\"><ul><li><a href=\"#\" class=\"sharing-anchor sd-button share-more\"><span>Share<\/span><\/a><\/li><li class=\"share-end\"><\/li><\/ul><div class=\"sharing-hidden\"><div class=\"inner\" style=\"display: none;\"><ul><li class=\"share-facebook\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-facebook-5597\" class=\"share-facebook sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=facebook\" target=\"_blank\" title=\"Click to share on Facebook\" ><span>Facebook<\/span><\/a><\/li><li class=\"share-linkedin\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-linkedin-5597\" class=\"share-linkedin sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=linkedin\" target=\"_blank\" title=\"Click to share on LinkedIn\" ><span>LinkedIn<\/span><\/a><\/li><li class=\"share-end\"><\/li><li class=\"share-twitter\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-twitter-5597\" class=\"share-twitter sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=twitter\" target=\"_blank\" title=\"Click to share on Twitter\" ><span>Twitter<\/span><\/a><\/li><li class=\"share-email\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"\" class=\"share-email sd-button share-icon\" href=\"mailto:?subject=%5BShared%20Post%5D%20Fiduciary%20Audit%20of%20UofL%20Foundation%20Looks%20Really%20Really%20Grim&body=http%3A%2F%2Fwww.khpi.org%2Fblog%2Ffiduciary-audit-of-uofl-foundation-looks-grim%2F&share=email\" target=\"_blank\" title=\"Click to email a link to a friend\" data-email-share-error-title=\"Do you have email set up?\" data-email-share-error-text=\"If you&#039;re having problems sharing via email, you might not have email set up for your browser. You may need to create a new email yourself.\" data-email-share-nonce=\"9b91586637\" data-email-share-track-url=\"http:\/\/www.khpi.org\/blog\/fiduciary-audit-of-uofl-foundation-looks-grim\/?share=email\"><span>Email<\/span><\/a><\/li><li class=\"share-end\"><\/li><li class=\"share-end\"><\/li><\/ul><\/div><\/div><\/div><\/div><\/div>","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5mRQe-1sh","_links":{"self":[{"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/posts\/5597"}],"collection":[{"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/comments?post=5597"}],"version-history":[{"count":12,"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/posts\/5597\/revisions"}],"predecessor-version":[{"id":5653,"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/posts\/5597\/revisions\/5653"}],"wp:attachment":[{"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/media?parent=5597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/categories?post=5597"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.khpi.org\/blog\/wp-json\/wp\/v2\/tags?post=5597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}