Osu! Cuts Funding To Innovation Foundation

New OSU president says university is cutting off funding for the OSU Innovation Foundation
Oklahoma State University's new president says the school is cutting off funds for its Innovation Foundation, which is central to a scathing audit.
Oklahoma State University cuts funding to The Innovation Foundation
Oklahoma State University officials have decided to discontinue funding for The Innovation Foundation after an audit showed that the university mismanaged $41 million.
Oklahoma State University to shutter Innovation Foundation at center of state audit
After one month in office, Oklahoma State University Interim President Jim Hess announced a series of “organizational changes” following a state audit that found $41 million in misappropriated funds at OSU’s Innovation Foundation.
OSU discontinues funding of foundation whose audit led to Shrum resignation
Oklahoma State University has shut down a foundation that was the subject of an internal audit that led to the resignation last month of President Kayse Shrum, OSU's interim president said Tuesday. In an email to faculty and staff,
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.
OSU interim president addresses audit, discontinues funding for The Innovation Foundation
The Oklahoma State University Interim President addressed the recent audit that found issues in the management and allocation of state funds at OSU.
News910d
What is The Innovation Foundation, and why are they at the center of an OSU audit?
The Innovation Foundation, Inc., formerly known as the Oklahoma State University Research Foundation, is at the center of a recently released audit detailing financial mismanagement at Oklahoma ...
Federal News Network5d
Trade groups urge the administration to maintain basic research funding
"The Trump administration's efforts to reduce the size of the federal government have resulted in decreased funding for biomedical research," said Sandra Babosu ...