funds

funds


Judge dismisses lawsuit against Mormon church over how it uses donations

A federal judge on Thursday dismissed a lawsuit alleging that The Church of Jesus Christ of Latter-day Saints arm misused hundreds of thousands of dollars in donations by investing it instead of using it for charitable purposes. U.S. District Judge Robert Shelby said a three-year statute of limitations on fraud claims in Utah passed before […]

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University of Winnipeg’s finances in dire straits

The University of Winnipeg is warning about a “dire financial situation” and hefty deficit — $4 million in the red is its low-end estimate for next year — due to chronic underfunding and a drop in international enrolment. Internal documents obtained by the Free Press via a freedom of information request shed light on the […]

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Head of Ohio’s teacher pension fund retires Sunday, saying fund is strong despite staff vacancies

COLUMBUS, Ohio (AP) — The outgoing head of Ohio’s troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit. In a recent interview with The Associated Press, Acting Executive Director and CFO Lynn Hoover said that the $94 billion […]

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