Under an agreement with the New York Attorney General and a state court, Donald Trump’s private foundation is being dissolved and residual assets of about $1.75 million are being given to charities approved by a state judge and the AG’s office.
A nonprofit that has seen revenues rise from $227,000 in 2011 to $14.6 million last year looks impressive. But with a large share of the revenues funneled to a single company that is owned by the same family that controls the nonprofit’s board, well…
When a 10-year board member says, “I’ve never seen any minutes. I’ve never had any involvement with the board at any level. I just agreed to serve,” maybe something isn’t quite right with the nonprofit’s governance.
This change in charter school ownership from for-profit to nonprofit appears to have only one rationale: more profit for the current owner.
The New York Attorney General’s office filed suit against the Donald J. Trump Foundation for a pattern of illegal conduct that includes “improper and extensive political activity, repeated and willful self-dealing transactions, and failure to follow basic fiduciary obligations or to implement even elementary corporate formalities required by law.”
A New Jersey nonprofit CEO who shortchanges affordable housing programs to boost his salary and the fortunes of another nonprofit that he runs raises disturbing questions about the extent to which nonprofits can effectively maintain strong internal standards.
All five of the students who received a scholarship from the Spirit Educational Foundation came from high-profile Santa Clarita families or business associates of the founders. Did it just happen that way?
Why be involved in one scandal when you can have two? Los Angeles charter school founder and school board member Ref Rodriguez is under investigation for campaign irregularities and misspending as a charter school official.
For the last few months, the media has been asking where the funds left over after paying the costs of Trump’s inauguration are since they were to have been directed to charity. But yesterday, the committee finally announced its first donations.
Good management or gaming the system? Charter schools in PA raise an important question.
