Progress
In October 2006, the Foundation announced the first release of the open source Kuali Financial System (KFS). KFS was funded in part by a USD 2.5 million grant from the Andrew W. Mellon Foundation. It also announced that its next development project would be Kuali Research Administration.
In November 2006, the rSmart Group announced that it was selling a pre-configured instance of the Kuali Financial System. The first implementation of this software, by Strathmore University in Kenya, was announced in July 2007.
The second release of Kuali Financial was in November 2007. Release 3.0 was due out in December 2008 with modules for accounts receivable and capital assets, and a large number of enhancements.
In mid-2009, Colorado State University and San Joaquin Delta College went live with the first large-scale installations of full Kuali financial systems.
In early 2010, Florida State University announced that it would pull out of the project because of budget cuts.
Spring 2010 brought the public release of KC 2.0, and the first release of KS, made available only to the Kuali community. In addition, Rice 1.0.3 was released in the Spring of 2010, and Kuali Foundation membership grew to over 50 members.
In June 2010, Indiana University announced that it was joining the KS project as MIT was stepping down, although MIT remains a member of the Kuali Foundation and a strong partner in the Kuali Coeus project for research-administration.
As of late 2012, nearly one hundred institutions were running Kuali software in production.
Read more about this topic: Kuali Foundation
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