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U of L Foundation: We’re Mad At The Wrong People

By Jacob Abrahamson

The pressure has been on U of L President James Ramsey and the U of L Foundation this summer over payments to administrators, leading to the planned audit of the Foundation by the State Auditor’s office.

If funds intended for the betterment of the University are being mismanaged by Foundation leadership, students and the public have every right to be angry and should scrutinize its use.

But public anger has been focused on the wrong place.

According to the 2015-2016 budget scenarios found on the University’s website, only $141,236,300 of U of L’s $500 million budget comes from the General Assembly.