By Shelby Brown–
U of L last week cut five employees from its fundraising department, even as gifts to academic programs plummeted 25 percent in the past year. Insider Louisville first reported the terminations. Donations to U of L shrank from $84 million to $63 million. The outgoing vice president of advancement called the $21 million drop the worst he had seen.
“(It’s) part of ongoing university belt-tightening related to the budget shortfall,” director of media relations John Karman said. Through the reduction in force, U of L’s advancement department lost six percent of its 76 employees.