OSU laid off 12 Innovation Foundation employees after an audit found $41M in misappropriated funds, including $11.5M wrongly sent to the foundation.

An internal audit of the OSU Innovation Foundation says the handling of $41 million in state appropriations did not conform ...

Oklahoma State University’s interim president, Jim Hess, said in a letter to OSU faculty and staff this week the school is discontinuing funding for the OSU Innovation Foundation, an ...

OKLAHOMA CITY — Twelve Innovation Foundation employees were laid off ... a spokesperson for OSU, in a statement on Monday.

The report determined that $11.5 million of the $41 million in misappropriated funds were transferred to the Innovation Foundation, Inc. without a written contract approved by the OSU/A&M Board.

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.

The Innovation Foundation is a separate legal entity that manages research initiatives, technology commercialization, and business partnerships tied to OSU. Previously known as the Oklahoma State ...

A longtime venture capitalist from Tulsa, Tracy Poole, has been nominated by Gov. Kevin Stitt to serve on the OSU/A&M Board ...