U of M fires head of foundation, leading board to resign
Tara Jones, University of Memphis senior vice president of advancement, is overseeing the foundation now. (Mark Weber/The Daily Memphian file)
The University of Memphis has fired the head of its foundation, prompting the entire board to resign from the organization that oversees donations to the school.
Holly Ford, who had been the CEO of the University of Memphis Foundation since 2021, was fired in November, just four months after the foundation reported that it had “assets under management totaling approximately $345 million, including endowment funds, representing approximately 145% growth in just five years.”
It remains unclear what led to Ford’s firing and the mass resignations.
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Jody Callahan
Jody Callahan graduated with degrees in journalism and economics from what is now known as the University of Memphis. He has covered news in Memphis for more than 25 years.
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