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Resource ID: #27832
Subject: Nonprofits
Source: Kentucky Center for Investigative Reporting
Affiliation: 
Date: Oct. 11, 13, 2016

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Description

Reporter Kate Howard revealed how the University of Louisville's nonprofit fundraising arm bought an abandoned factory in Oklahoma at the behest of a major donor. The multi-layered $3.47 million-dollar transaction had no academic purpose, did not result in any revenue for the organization and appeared to be an ethical breach and tax code violation.

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