Lawsuits Detail Feud at San Francisco’s Koret Foundation
The widow of Bay Area philanthropist Joe Koret is suing the Koret Foundation, claiming its longtime board president has used the $500-million fund to promote himself and causes at odds with her late husband’s vision, the San Francisco Chronicle writes. The foundation filed a countersuit accusing Susan Koret of “incompetence” and seeking to remove her from the board.
Pa. Congressman’s Allies Earned Millions at His Nonprofits
Political allies and former aides of Rep. Chaka Fattah were paid at least $5.8-million in wages between 2001 and 2012 to nonprofit organizations the congressman established or supported through federal earmarks, according to the Philadelphia Daily News.
Adrian Peterson Rebuts Allegations of Misusing Foundation
The suspended Minnesota Vikings star and the head of his All Day Foundation disputed a newspaper report that the charity’s funds were used to pay for a hotel-room sex party and that it claimed nonexistent donations on tax forms, according to NBC Sports and the Vikings Territory blog.
Carlos Slim Joins Global Campaign to Hire Disabled People
The Mexican telecommunications mogul and world’s second-richest man pledged Tuesday to hire workers with intellectual and developmental disabilities and signed on to a worldwide effort urging other employers to do the same, Bloomberg reports.
Conn. Man Gets 3 Years in Theft From 3 Nonprofits
The former treasurer for three Milford, Conn., charities was sentenced Tuesday to 10 years in prison, suspended after three years served, for stealing $237,000 from the organizations, reports the New Haven Register.
Estate of Bills Owner to Fund Charities in Buffalo and Detroit
The charitable foundation of the late Buffalo Bills owner Ralph C. Wilson Jr. is set to receive a windfall from his estate’s planned $1.4-billion sale of the NFL team, The Buffalo News reports.
Walmart Launches Program for Eco-Friendly Food Production
The retail giant Walmart announced an effort Monday to make its food sales more environmentally friendly and help customers eat more nutritious diets, reports The New York Times.
Hundreds of Pastors Preach Politics in Defiance of IRS Ban
In what has become an election-season rite, preachers nationwide injected politics into their sermons Sunday, challenging the law barring churches with charity status from directly endorsing or opposing candidates, The Wall Street Journal writes.
$50-Million Einhorn Gift Boosts Cornell Community Program
The 10-year pledge from hedge-fund manager David Einhorn’s charitable trust will support a Cornell University effort to involve students in community projects off-campus and around the world, Bloomberg and The New York Times write.
NPR Losing Digital Chief in Executive Reshuffle
Kinsey Wilson, NPR’s chief content officer and the architect of its digital strategy, is leaving the public radio network at the end of this week and will not be replaced, writes The New York Times. NPR’s digital operations will come under the purview of a newly appointed chief operating officer.