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UofL Foundation to be audited by IRS

The shady dealings of the old University of Louisville Foundation will get a thorough check from the no-nonsense folks within the Internal Revenue Service. The IRS has notified the foundation that it will send an agent to its office next month to request more information about the compensation of the foundation’s previous officers, including former UofL president James Ramsey.

The IRS doesn’t play games, so this will likely mean some serious trouble for Bologna Head and his cohorts. It’s been a long time coming and they soon will pay for whatever funny business they were involved in.

Get your popcorn ready.

Article written by Drew Franklin

I can recite every line from Forrest Gump, blindfolded. Follow me on Twitter: @DrewFranklinKSR

12 Comments for UofL Foundation to be audited by IRS

  1. ukkatzfan
    4:15 pm August 31, 2018 Permalink

    Bologna head. Lol

  2. sprtphan
    4:19 pm August 31, 2018 Permalink

    But he didn’t do anything wrong.

  3. DelrayCat
    4:40 pm August 31, 2018 Permalink

    Witch Hunt!!
    It’s all a big conspiracy against ol’ bologna head all being run by Obama, Hillary, Soros, the CIA, the FBI, NBC, ABC, CBS, CNN, MSNBC, the NY Times, and other liberal Illuminati Deep State players.

  4. Deacon
    4:52 pm August 31, 2018 Permalink

    If I’m not mistaken, wasn’t a large portion of Mark Jurich’s compensation paid through the foundation? Tough week, kid.

    • Cletis75
      5:50 pm August 31, 2018 Permalink

      They had better not even disrespect the Jurich family. Mark will set them straight with a nasty, threatening email, just like old dad showed him! The IRS better know who they are dealing with when it comes to the Jurich family! They don’t want any part of them! Haha

  5. Blue Bill
    5:02 pm August 31, 2018 Permalink

    Ha. Now shit just got real!!

  6. zoupman
    6:24 pm August 31, 2018 Permalink

    I have always wondering if Slippin Jimmy paid taxes in the 12 million plus he stole from foundation. What a pos.

  7. runningunnin.454
    6:32 pm August 31, 2018 Permalink

    Oh oh, looks like some people will need to leave the country.
    I hear if you go to Israel, and tell them you want to become a rabbi…they won’t extradite.

  8. BLUEsky
    6:35 pm August 31, 2018 Permalink

    You guys must be youngsters LOL. You don’t really think the IRS will do anything except slap them on the wrist do you? If anything, they will raise your taxes, and mine, to pay for their misdeeds. Not one prosecution came out of the 2007 highway robbery of American’s 401k funds. These type of people do not get punished.

  9. zoupman
    6:56 pm August 31, 2018 Permalink

    Blue sky is probably right. This will be a dog and pony wink wink audit. If a true audit was done, people would be going to jail. Ramsey and both Jurich are thieves.

  10. Bluebloodtoo
    8:19 pm August 31, 2018 Permalink

    After all his father did for the University? The most profitable athletic department ever? How dare they!

  11. Jiminy Crickets
    10:58 am September 1, 2018 Permalink

    Foundation has been using millions of Medicaid money on private projects and employee salary. It’s more than just Ramsey and Jurich. This could get fun