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Oversight board seeks $20 million refund from UW Foundation

(This story appeared first in the Sunday edition of the Wisconsin State Journal.)

UW Foundation should pay back more than $20 million it kept from a public endowment at UW School of Medicine and Public Health, says a member of an oversight board.

The foundation should also stop charging five times as much to handle the money as the Medical College of Wisconsin does for a similar fund, said Joe Leean, a former state senator and former state health department secretary.