Law proposed to shed light on state university foundations
University officials claim that a law forcing disclosure financial dealings of nonprofit university foundations serving state institutions would be too costly. Open government advocates say that recent expenditures, illegal or questionable, show the need for disclosure. -DB Capitol Weekly August 13, 2009 By Maryam Ali Free-speech groups are trying to force the state’s public universities to disclose financial relationships worth more than $6.25 billion. At issue are scores of nonprofit foundations linked to the schools. The