Osu! Cuts Funding To Innovation Foundation
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 State University (OSU).
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.
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