OSU, Innovation Foundation and Oklahoma State University

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 after audit showed mismanagement
Oklahoma State University officials have decided to discontinue funding for The Innovation Foundation after an audit showed that the university mismanaged $41 million.
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 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.
Audit of Oklahoma State University finds mismanagement of $41 million in state funds
An audit revealed mismanagement of $41 million in state funds at Oklahoma State University, including unauthorized transfers and improper allocations for unrelated purposes.
Oklahoma State University leaders pledge ‘transparency’ after scathing audit finds misappropriation
A sign for Oklahoma State University is pictured at the Stillwater campus Dec. 6. A day after a critical audit of Oklahoma State University was made public, the university refused to answer questions on if it had prompted the sudden February resignation of the university’s president.
In wake of scathing audit, Oklahoma State University hires a new chief financial officer
Oklahoma State University has hired Chris Kuwitzky as new chief financial and administrative officer for the OSU system.
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.
Regent says employee tip led to internal OSU audit that showed alleged misspending
An OSU/A&M regent says an internal audit that apparently led to former President Kayse Shrum's resignation started with a ...
Kayse Shrum disputes OSU audit conclusions, says no laws broken or money missing
She resigned as Oklahoma State University president amid an investigation into the alleged mishandling of $41 million in ...
News 96d
Former OSU President Kayse Shrum Responds To Audit; Says Legal Counsel Was Followed
Former OSU President Kayse Shrum addresses audit findings, asserts no funds missing, and claims all actions followed legal ...
Internal audit finds 'significant issues' in how OSU spent appropriated money
An internal audit at Oklahoma State University found "significant issues" with how certain legislatively appropriated money ...
'Are we concerned? Yes': Lawmakers react to audit uncovering financial missteps at OSU
Oklahoma lawmakers reacted to the findings of an audit of Oklahoma State University which uncovered significant financial ...
The Journal Record5d
OSU governing board discusses scathing audit
OSU leaders back interim president amid audit fallout, as regents delay search for Kayse Shrum s replacement after 41M fund ...