On October 9, 2016, William C. Thompson, Jr., Chairperson of the CUNY Board of Trustees, formally requested that the New York State Inspector General commence a comprehensive investigation into a number of matters, including the use of City University of New York (CUNY) foundation funds; the relationship between CUNY’s colleges and their affiliated foundations and potential conflicts of interest; CUNY procurement policies; the hiring, expenses, and retention of consultants at CUNY; conflicts of interest at CUNY; and “all of the administrative and financial oversight and controls and best practices . . . with respect to all of the college foundations, alumni associations or other affiliated entities.” Chairperson Thompson’s request surfaced in the wake of the publication of alleged misconduct and fiscal mismanagement by a past President of City College of New York (CCNY).
