GRANT AGREEMENT 

This grant agreement (this "Agreement") is made effective on March 10,2015, (the "Effective Date") by
and among the University of Louisville Foundation, a Kentucky non-profit corporation (the
"Foundation"), the University of Louisville (the "University"), an instrumentality of the commonwealth
of Kentucky, for the benefit of the John H. Schnatter Center for Free Enterprise (the "Center"), which
shall be imminently created and housed in the University ' s College of Business (the "College"), and the
John H. Schnatter Family Foundation, a Kentucky non-profit corporation (the "Donor"). The term ofthis
Agreement shall begin on the Effective Date and shall continue for seven years (the "Term") unless
earlier terminated pursuant to this Agreement. The Foundation, the University, and the Donor are
sometimes referred to herein individually as a "Party" and collectively as the "Parties." The Parties agree
as follows:
1.
Promoting Academic Freedom. The Donor's grant is intended to help promote an environment 

at the University where ideas can be exchanged freely and useful knowledge will benefit the well-being of 

individuals and society. Thus, the Parties agree that the academic freedom of the University, the Center, 

and their faculty, students, and staffis critical to the success of the Center's research, scholarship, 

teaching and service. 

2.
The Center. The University desires to create the Center in the College to advance the 

University's educational mission as follows: 

a.
The Center's Mission and Director. As stated in the proposal, which is hereby
incorporated into this Agreement, and attached as Attachment A (the "Proposal"), the University has
informed the Donor, and the Donor is relying on such representation, that the Center's mission is to
engage in research and teaching that explores the role of enterprise and entrepreneurship in advancing the
well-being of society (the "Center's Mission"). The University has selected Stephan Gohmann as the
initial director of the Center (the "Center Director"). The Parties believe the Center Director is an
invaluable part of advancing the Center's Mission.
b.
The Center Programs. To support the Center's Mission, the University desires to create
(and the Donor wishes to support) the following positions and activities at the Center, collectively
referred to as the "Center Programs." The Center Programs are described in the Proposal and include two
"Tenure-Track Professorships," two "Visiting Professorships," the "Ph.D. Fellowships," the "Outreach
Director Position," the "Administrative Assistant Position," the "Research Grants," the "Center Director
Stipend," and the "Center Activities." The University and the Foundation shall each use any funds
received under this Agreement to support the Center Programs in accordance with this Agreement.
3.

The University's Commitment to and Support for the Center.

a.
Generally. This Agreement is expressly contingent upon the University's desire to create
and support the Center. The University shall create the Center by December 1, 2015. The University
shall support the Center Programs to advance the University's mission.
b.
Center Office Space. The University shall ensure that the Center is provided with
adequate office space and administrative support pursuant to University and College policies.
4.

The Donor's Support for the Center Programs.

a.
Contributed Amount. Subject to Section 5, the Donor agrees to contribute funds to the
Foundation exclusively to support the Center Programs to advance the Center's Mission (all or part of

 such funds referred to as the "Contributed Amount(s)"). In no event shall the aggregate Contributed
Amount under this Agreement exceed $4,640,000 as follows:

Center Programs
Salary and fringe benefits for two Tenure-Track Professorships and salary and
fringe benefits for two VisitinK Professorships
Costs and expenses for l1p to four four-year Ph.D. Fellowships
Salary and fringe benefits for the Outreach Director Position
Salary and fringe benefits for the Administrative Assistant Position
Costs and expenses for the Research Grants
Costs and expenses for the Center Director Stipend
Costs and expenses for the Center Activities

Amount
Up to $1,875,000
Up to $ 415,000
Up to $ 375,000
Up to $ 375,000
Up to $ 375,000
Up to $ 100,000
Up to $1,125,000

Total Maximum Aggregate Contributed Amount:

Up to $4,640,000

b.
Contingent Grant. The Donor's support under this Agreement is expressly contingent
upon the University, the Foundation, and Charles Koch Foundation (the "CK Foundation") executing an
agreement providing for a grant from the CK Foundation (the "CK Foundation Grant Agreement") to
support the Center Programs. Therefore, the Donor shall not provide any of the Contributed Amount or
be obligated to fulfill any other obligation until the CK Foundation Grant Agreement, attached to this
Agreement as Attachment B, is executed. The Donor's pledge to make contributions pursuant to this
Agreement and the CK Foundation's pledge to make contributions pursuant to the CK Foundation Grant
Agreement are each contingent upon each other. Therefore, any breach of this Agreement, if caused by
the Foundation or the University, constitutes a separate and independent breach on the part of the
Foundation or the University, as applicable, under the CK Foundation Grant Agreement and shall entitle
the CK Foundation to exercise any and all of its remedies provided in the CK Foundation Grant
Agreement, up to and including the right to tenninate the CK Foundation Grant Agreement.
5.

Foundation Grant Report; Proposed Grant Award Process and Schedule.

a.
The Foundation Grant Report. The Foundation shall submit an annual written report to
the Donor for the Donor's consideration (the "Foundation Grant Report") and an accounting of the
expenditure of any Contributed Amount previously received. If the Donor approves the Foundation Grant
Report, the Donor shall make a contribution up to the amount listed in the below schedule to the
Foundation, and the Foundation agrees to accept such Contributed Amount on behalf of the University as
stated in the below schedule. If the Donor does not provide any Contributed Amount in response to the
Foundation Grant Report, it shall notify the Foundation and the University as stated in Section 8.a.
b.

Foundation Grant Report and Proposed Grant Award Schedule

Foundation Grant Report Date
Submitted as the Proposal,
Attachment A
November 1, 2015
June 1,2016
June 1,2017
June 1,2018

Donor Response and Proposed
Contribution Date
Within 30 days of signing this
Agreement
On or about January 1, 2016
On or about August 1, 2016
On or about August 1,2017
On or about August 1,2018

2


Contributed Amount
Up to $928,000
Up to $928,000
Up to $928,000
Up to $928,000
Up to $928,000

 c.
The Fund. The Foundation shall place all of the Contributed Amount in a segregated and
restricted fund on its books and records called the "Schnatter Center Programs Fund" (the "Fund"). The
Fund shall be used solely to support the Center Programs as stated in this Agreement.

6.

Contributed Amount Used Only for Educational Purposes for the Center Programs.

a.
Tax Status. The Foundation represents and warrants that it is an organization described
within the meaning of Internal Revenue Code (the "Code") sections 50 l(c)(3) and 509(a)( I). The
University represents and warrants that it is an organization described in Code section 170(c)( I) or
51 1(a)(2)(B). The Foundation and the University agree to immediately notify the Donor if their
respective tax statuses change.
b.
Educational Purpose. The Contributed Amount will be expended only for the Center
Programs, which is an educational purpose described in section 170(c)(2)(B) of the Code. The
Contributed Amount will not be used to influence legislation, to influence the outcome of any election,
for a political campaign or intervention, to carry on any voter registration drive, or any other purpose that
would jeopardize the Donor's tax-exempt status or subject the Donor to penalties under Chapter 42 of the
Code.
c.
Center Programs. The Foundation and the University shall use all Contributed Amounts
solely to support the Center Programs as stated in this Agreement and shall return to the Donor any
Contributed Amount not expended for and uncommitted to the Center Programs.

7.

Naming Rights, Acknowledgment, and Publicity
a.

Naming Rights and Acknowledgments.

i.
For ten (10) years from the date the Center is created, the Center shall be known
as the "The John H. Schnatter Center for Free Enterprise" (the "Center Name"). The University shall
include the full and complete Center Name in all references to the Center, whether oral, written,
electronic or otherwise, made, published or generated in any form or medium now or hereafter known.
The Center Name shall be prominently displayed at or about all means of ingress and egress to the facility
where the Center is housed, and shall be printed, embossed or otherwise included, at University expense,
on all letterhead, envelopes, business cards, news or press releases, announcements and other printed
materials relating to the Center or events occurring at the Center. The University shall use its best efforts
to cause third parties that, with the authorization or cooperation of the University, refer to the Center in
oral, written, electronic or any other form of communication (including, by way of example and not
limitation, speaking engagements, program materials, publications, videos and on the internet), to
incorporate the full and complete Center Name in all such references to the Center.
It is the intent of the Donor, the Foundation, and the University that the Center
ii.
Name be linked to any academic program or programs the University may hereinafter conduct in
furtherance of the Center's Mission. Accordingly, the Foundation and the University hereby represent,
warrant, and covenant that any academic programs supported by or initiated within the Center or the
University, a material focus of which is the Center's Mission, shall at all times be known by, and
conducted under the auspices of, the Center Name. If in the sole judgment of the Donor, any academic
program conducted by the University in accordance with the terms of this Agreement is no longer
principally focused on the Center's Mission, at the Donor's election, in addition to any other remedy
available to the Donor by reason of a breach of this Agreement, Donor may direct the University to
immediately cease and desist use of the Center Name in connection with such program. The Parties

3

 acknowledge that the tenns of this Section 7.a are intended to survive the Tenn of this Agreement, in
perpetuity .
111.
The Parties agree that irreparable damage may occur to the Donor in the event
the Foundation or the University breaches any of the tenns of this Section 7.a. The Parties further agree
that in the event of any such breach, the Donor may be entitled to specific perfonnance of the tenns of the
Section 7.a, in addition to any other remedy to which the Donor may be entitled at law or in equity.

b.
Publicity. The Foundation and the University shall allow the Donor to review and
approve the text of any proposed publicity which includes or mentions the Donor or the amount to be
contributed pursuant to this Agreement. All such references to the Donor shall be to the "The John H.
Schnatter Family Foundation." The Foundation and the University agree to allow the Donor to include
infonnation regarding the Donor supported Center Programs and any infonnation or materials about the
Foundation or the University and their activities in the Donor's reports, newsletters, and news releases. If
requested by the Donor, the University shall acknowledge the Donor in all of its general materials in the
same manner as any other University donor at the same level of funding. The Parties have agreed to the
contents of the "Executive Summary," attached as Attachment C, which the Parties may agree to use as
the initial public announcement of this Agreement. The Parties shall consult with each other and
mutually agree prior to issuing publicly the Executive Summary. The University shall not use the
Donor's name or logo without the Donor's express written consent.

8.

General Provisions.

a.
All the Parties shall act in good faith to fund, create, and operate the John H. Schnatter
Center for Free Enterprise in a manner that will support the Center's Mission. If at any point during the
Tenn, the Donor detennines in its reasonable discretion that: (i) the Foundation or the University has not
acted in good faith under this Agreement; (ii) the Center Programs are not advancing the Center's Mission
as stated in this Agreement, or (iii) such action is necessary to comply with any law applicable to one of
the Parties, the Donor shall notifY the Foundation and the University of its detennination, and the Parties
shall make a good faith effort to meet within sixty (60) days to discuss the Donor's determination. If the
Donor's determination does not change after the end ofthis sixty (60) day period, the Donor has the right
to terminate the Agreement upon providing thirty (30) days' notice to the Foundation and the University.
During the pendency of the sixty (60) day period and any following thirty (30) day notice period, the
Donor shall not be obligated to provide any Contributed Amount. In the event of termination of the
Agreement, the Foundation and the University each agree to return all uncommitted Contributed Amounts
to the Donor within fifteen (15) days of the Donor's request. The University and Foundation each
represent and warrant that they are not relying on the Donor's proposed funding under this Agreement to
incur any obligation or take any action or inaction. The Foundation's and University'S obligations shall
end upon the Donor's termination ofthis Agreement, except that the University shall continue to provide
support to maintain the Tenure-Track Professorships indefinitely.
b.
The Foundation and the University agree to keep confidential and not to disclose to any
third party the existence of or contents of this Agreement without express written approval from the
Donor, except as otherwise may be required by law. The Parties acknowledge that the University must
adhere to the open records laws that exist for public institutions in the Commonwealth of Kentucky. If
the Foundation or the University is required to disclose the existence of or the content ofthis Agreement
to any third party, the Foundation and the University agree to provide the Donor with at least ten (10)
days' advance written notice of such disclosure, except as otherwise may be required by law.

4

 c.
The tenns contained in this Agreement supersede all prior oral or written agreements and
understandings between the Parties related to the matters contained in this Agreement and shall constitute
the entire agreement between the Parties with respect to the matters contained in this Agreement.
d.
In the event of a conflict between the provisions stated in the body of this Agreement and
those stated in the Proposal, this Agreement shall control.
e.
This Agreement shall not be modified or amended except by a writing duly executed by
the Parties to this Agreement.
f.
The provisions of this Agreement are deemed severable and should any part, tenn, or
provision of this Agreement be construed by any court of competent jurisdiction to be illegal, invalid, or
unenforceable, the legality, validity, and enforceability of the remaining parts, tenns, and provisions will
not be affected there by.
g.
No dehiy or failure on any Party's part to enforce any right or claim which it may have
hereunder shall constitute a waiver of such right or claim. Any waiver by any Party of any tenn,
provision, or condition of this Agreement, or of any subsequent default under this Agreement in anyone
or more instances shall not be deemed to be a further or continuing waiver of such tenn, provision, or
condition or of any subsequent default hereunder.
h.
The Parties acknowledge that this Agreement may relate to or be for the benefit of the
CK Foundation and its charitable and educational mission. The Parties acknowledge that the CK
Foundation has certain rights under this Agreement related to its contributions to the Center Programs.
The University and the Foundation further acknowledge and agree that they shall not directly or indirectly
be entitled to the benefit of any waivers, indemnities, releases, or other provisions contained in any
agreement between the Donor and the CK Foundation. Otherwise, this Agreement shall not confer any
rights or remedies upon any third party other than the Parties to this Agreement and their respective
successors and pennitted assigns.
i.
The Foundation and the University may not transfer or assign their respective interests in
the Agreement or any amount to be contributed pursuant to this Agreement without the express written
consent of the Donor.
j.
All notices, approvals, or requests in connection with this Agreement shall be in writing
and shall be deemed given when delivered personally by hand or one business day after the day sent by
overnight courier (in each case with written confinnation of receipt or transmission, as the case may be) at
the following address (or to such other address as a Party may have specified by notice to the other Party
pursuant to this provision):
Ifto the University:
University of Louisville
2301 South 3rd Street,
Louisville, KY 40292
Attn: Dr. James R. Ramsey, President

Ifto the Foundation:
University of Louisville Foundation
South 3rd Street
Louisville, KY 40208
Attn: Dr. James R. Ramsey, President
Ifto the Donor:

John H. Schnatter Family Foundation
11411 Park Road
Anchorage, KY 40223
5


 Attn: Aaron M. Thompson
k.
This Agreement may be executed in several counterparts, each of which shall constitute
an original and all of which, when taken together, shall constitute one agreement or direction. Copies of
signatures (whether facsimile or other electronic. transmission) to this Agreement shall be deemed to be
originals and may be relied upon to the same extent as the originals.
The Parties have hereby executed this Agreement as dated below, but agree that this Agreement is
effective as of the Effective Date.
UNIVERSITY OF LOUISVILLE

FO~NDA~ON

UNIVJ:RSITY OF LOUISVILLE

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6





 A TT ACHMENT A

University of Louisville Foundation Proposal to Support the Establishment of the John H.
Schnatter Center for Free Enterprise in the College of Business at University of Louisville
Preamble
The John H. Schnatter Center for Free Enterprise (the "Center") will explore the role of enterprise and
entrepreneurship in advancing human well-being by providing programs for undergraduate and graduate
students and the public at large.
The Center will sponsor new courses in the College of Business (the "College"), lectures, reading groups,
and other activities. Through Ph.D. fellowships, four new faculty members, and various academic
programs, the Center will become a hub for scholarship on the role of enterprise and entrepreneurship in
society and the ideas and institutions that lead to well-being.

Mission
The mission of the Center is to engage in research and teaching that explores the role of enterprise and
entrepreneurship in advancing human well-being (the "Center's Mission").

The Center objectives
•   Provide educational initiatives including courses, seminars, reading groups, research fellowships,
symposiums and lectures, including one annual "keynote" speaker who will help build a larger
intellectual exchange around the Center's Mission through a talk on the role of enterprise and
entrepreneurship in advancing well-being.
•   Engage the Louisville community through talks, seminars, dissemination/publication of research, and
other activities that will share the Center's work with the community.
•   Encourage topical research in enterprise and entrepreneurship including the influence of public
policies on economics.

Center activities and estimated costs
The Center staff will consist of a director. up to four faculty positions (described below), an outreach
director and an administrative, assistant. Additionally up to four Ph.D. fellowships will be offered.
The Center Director: The Center director will be responsible for coordinating all center activities and
ensuring the Center stays focused on the Center's Mission (the "Center Director"). The Center Director
will have direct supervision of the "Outreach Director" and the "Administrative Assistant" (both defined
in the "Staff' section below). The Center Director will also be responsible for providing the appropriate
department chair with input on the performance of the tenure track faculty as part ofthe annual evaluation
process in the College. The College proposes that Professor Stephan Gohrnann serve as the initial
Center's Director. In that case the costs will consist of annualizing the current 10-month salary and
fringes (20% of the current lO-month salary and fringes) plus a stipend. The stipend will reflect the
additional duties in the 10-month period. It is assumed that the Center Director's time in June and July
each year will be devoted to the Center. The Center Director's annual work plan will be created as
described in the "College's Personnel Document," most recently approved on April 24, 2012, and found
7


 at i1ttp:if jouisville.edu/provostifac ultv -pe rsollnel/unit!COB Perso nn el-pdf. The estimated costs over and
above the current lO-month salary are $47,545 per year.
Faculty: The faculty members hired will devote a significant portion of their time and resources to work
related to the Center. These activities will focus on fields of interest to the Center. Their annual work
plan will be developed by the Center Director and the appropriate department chair. The teaching
activities will be coordinated with the appropriate department chair to fit with the College teaching
schedule. The workload expectations would normally consist of teaching, research, conducting seminars,
leading reading groups, public lectures, and other outreach activities. The Center faculty will also
collaborate with Center-affiliated facuity, the individuals holding the "Ph.D. Fellowships" (defined in the
"Ph.D. Fellowships" section below) at the Center, and other graduate students as appropriate. The Center
faculty will develop and teach courses related to the Center's Mission. These courses could be at the
graduate or undergraduate level. Some of the Center faculty members' work could consist of teaching
introductory classes in their discipline and working with student organizations in that discipline.
The four faculty positions will be consist of two tenure-track positions and up to two new visiting faculty
positions each year. Faculty staffing costs an estimated $629,650 per year for salaries and fringes. These
figures are based on the median salary for new hires for accredited public institutions from the current
Association to Advance Collegiate Schools of Business salary survey.
Staff: The individuals holding the Outreach Director position and Administrative Assistant position will
devote 100% their time and effort to supporting the Center. The Outreach Director will coordinate
development and outreach for the Center's research activities and advance the work of the Center. The
Administrative Assistant will assist the Center Director in the administration of the Center. The estimated
costs of salary and fringes for the Outreach Director are $83,525 per year. The estimated costs of salary
and fringes for the Administration Assistant are $51,400 per year.
The Research Grants: The "Research Grant(s)" will be available for up to five Center-affiliated faculty to
conduct research consistent with the Center's Mission. To receive a Research Grant a faculty member
will submit a proposal that will be evaluated by a committee, formed by the Center Director after
consultation with the Dean of the College of Business and made up of individuals from the University of
Louisville's (the "University") academic community. The committee will make the final selection of the
proposals to be awarded the Research Grants with the approval of the Center Director. The estimated
costs of the Research Grants are up to $100,000 per year.
The Ph.D. Fellowships: The Ph.D. Fellowships will be available for doctoral students in the College' s
Entrepreneurship program whose research interests coincide with the Center's Mission. The Ph.D.
Fellowships will cover tuition and provide a stipend and may be renewed annually. The estimated cost of
the tuition and stipend for four fellowships is $132,000 per year.
The Annual Speaker Event: The Center will hold an "Annual Speaker Event," which will include at least
one public lecture or debate per year, hosted by the Center which will address issues related to the
Center' s Mission. The estimated costs of the Annual Speaker Event are included in the "Other Center
Expenses" section immediately below.
Other Center Expenses: The "Other Center Expenses" include travel, speaker fees, supplies, equipment,
publications, and other activities that support the Center's Missions. Supplies include e-readers, books,
and similar materials for students who participate in Center activities, such as reading groups. The
estimated costs of the Other Center Expenses are $220,000 per year.

8

 Selection by the University

All faculty hires will follow the nonnal procedures for hiring faculty members in the College and the
University. The Center Director will chair all of the search committees for the faculty searches. Faculty
members hired for the Center positions must have demonstrated a track record that is supportive of the
Center's Mission or show promise of developing such a record. The hiring of the Outreach Director and
the Administrative Assistant will follow the University's process for hiring staff. The Center Director, in
consultation with the dean of the College, will have the final decision on the hiring of the Outreach
Director and the Administrative Assistant.
Summary:

To accomplish the mission and objectives of the John H. Schnatter Center for Free Enterprise as
described above would require funding of an estimated $1,264,120 per year for a 5-year total of
$6,320,600. See the budget below for the details.
Proposed Budget for the John H. Schnatter Center for Free Enterprise

Salary

Annual expenses
Fringes

Total
5-year Totals

"Tenure-Track Assoc. Prof. of Econ . (2)
'Visiting Professor (2)
Center Director
Outreach Director
Administrative Assistant
Ph.D . Fellowships (4)
Research Grarits (5)

$

250,000
240,000
37,000
65,000
40,000

$

71 ,250
68,400
10,545
18,525
11,400

100,000

Other Center Expenses
Total Annual Expenses

"Median salary for new hires for accredited public institutions from the current
of Business salary
data .
Association to Advance Collegiate Schools
.
.

9


321 ,250
308,400
47 ,545
83,525
51 ,400
132,000
100,000

$
$
$
$
$
$
$

1,606,250
1,542,000
237,725
417,625
257 ,000
660,000
500 ,000

220,000
$
$ 1,264,120

$
$

1,100,000
6,320,600

$
$
$
$
$
$
$

 ATTACHMENT 

10

AITACHMENT C
GRANT AGREEMENT SUMMARY BETWEEN UNIVERSITY OF LOUISVILLE FOUNDATION,
UNIVERSITY OF LOUISVILLE, AND THE CHARLES KOCH FOUNDATION
The University of Louisville Foundation, the University of Louisville, and Charles Koch Foundation (CKF)
have entered into a grant agreement for CKF to provide support for the University's proposal to establish the
John H. Schnatter Center for Free Enterprise (Center) under the direction of Professor Stephan Gohmann in the
College of Business.
The grant responds to an opportunity presented to CKF by the University and is intended to help promote a
robust discussion of ideas at the University and to advance the University's proposed goals for the Center,
which are to engage in research and teaching that explores the role of entrepreneurship and enterprise in
advancing the well-being of society.
CKF will provide support of up to $1,660,000 for programs to advance the Center's mission. The University
expects to attract additional contributions to support the Center. As outlined in the University's proposal, these
funds will aid the University's establishment of the Center and provide requested funding for two tenure-track
professorships, two visiting professorships, approximately four four-year Ph.D. fellowships, an outreach
director position, an administrative assistant position, research grants, a Center director stipend, and activities
at the Center.
The grant adheres to the University of Louisville's policies regarding hiring, research, and curriculum and the
Charles Koch Foundation's principles for university giving.
The grant will be used solely for educational purposes and to support the Center's programs as outlined in the
University'S proposal. This funding is in addition to the University'S commitment to the Center to provide
adequate office space and administrative support pursuant to University policies.
The University of Louisville Foundation, the University of Louisville, and the Charles Koch Foundation attest
that this is an accurate representation of the grant agreement.

~vcL)1~,&=
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R. Ramsey 

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University of Louisville Foundation

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Brian Hooks
President
Charles Koch Foundation
March 10,2015

10

 A TT ACHMENT C 

GRANT AGREEMENT SUMMARY BETWEEN UNIVERSITY OF LOUISVILLE FOUNDATION,
UNIVERSITY OF LOUISVILLE, AND THE JOHN H. SCHNATTER FAMIL Y FOUNDATION
The University of Louisville Foundation, the University of Louisville, and Jolm H. Sclmatter Family
Foundation (Sclmatter Foundation) have entered into a grant agreement for the Sclmatter Foundation to
provide support for the University's proposal to establish the Jolm H. Sclmatter Center for Free Enterprise
(Center) under the direction of Professor Stephan Gohmann in the College of Business.
The grant responds to an opportunity presented to the Sclmatter Foundation by the University and is
intended to help promote a robust discussion of ideas at the University and to advance the University ' s
proposed goals for the Center, which are to engage in research and teaching that explores the role of
entrepreneurship and enterprise in advancing the well-being of society.
The Sclmatter Center will provide support of up to $4,640,000 for programs to advance the Center's
mission. The University expects to attract additional contributions to support the Center. As outlined in
the University's proposal, these funds will aid the University' s establishment of the Center and provide
requested funding for two tenure-track professorships, two visiting professorships, approximately four
four-year Ph.D. fellowships, an outreach director position, an administrative assistant position, research
grants, a Center director stipend, and activities at the Center.
The grant adheres to the University of Louisville's policies regarding hiring, research, and curriculum.
The grant will be used solely for educational purposes and to support the Center's programs as outlined in
the University's proposal. This funding is in addition to the University's commitment to the Center to
provide adequate office space and administrative support pursuant to University policies.
The University of Louisville Foundation, the University of Louisville, and the Jolm H. Sclmatter Family
Foundation attest that this is an accurate representation of the grant agreement.

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March 10,2015

11