A foundation started by New York Yankees third baseman Alex Rodriguez
gave only 1 percent of proceeds to charity during its first year of operation
in 2006, then stopped submitting mandatory financial reports to the IRS and was
stripped of its tax-exempt status. The group’s website still tells visitors
the A-Rod Family Foundation is a nonprofit organization. (Boston Globe)
In an upcoming edition of NI, we will give readers an update on several celebrity charities…you may be surprised!
Nonprofit Imperative gathers its information principally from public documents...some of which are directly quoted. Virtually all cited are in some phase of criminal proceedings; some have not been charged, however. Cites in various media: Featured in print, broadcast, and online media outlets, including: Vermont Public Radio, Miami Herald, National Public Radio, Huffington Post, The Sun News, Atlanta Journal Constitution, Wall Street Journal (Profile, News and Photos), FOX2, ABC Spotlight on the News, WWJ Radio, Ethics World, Aspen Philanthropy Newsletter, Harvard Business Review, Current Affairs, The Chronicle of Philanthropy, St. Petersburg Times, B, USA Today Topics, Newsweek.com, Responsive Philanthropy Magazine, New York Times...and many more Nonprofits: On the Brink (2006) Silence: The Impending Threat to the Charitable Sector (2011)
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