- exposing the crisis in nonprofit fraud leadership…a crisis of pervasive and monumental waste, fraud, abuse, mismanagement, and malfeasance throughout the charitable sector which costs taxpayers and contributors tens of billions of dollars annually; and,
- seeking reforms that will restore the public’s lost confidence in the sector.
The union has exerted so much influence so thoroughly that the government does not even know how many teachers there are — the union does the hiring, with jobs passed among family members like heirlooms — or even how many schools it has because they, too, are essentially run by the union. Her downfall, a shock to a nation accustomed to powerful figures untouched by the law, amounted to a bold statement by the new government that could open the way to weakening the vice grip of the 1.5 million-member teachers union, the largest in Latin America. (NYT/Fox)
The D.C. Children & Youth Investment Trust Corp. failed to identify any grantees in its latest annual tax filing with the IRS, thus making it impossible to draw conclusions about the finances of the children’s organization. While reporting $25.7 million in funding for the latest reporting period, spanning October 2010 to September 2011, the trust leaves blank entire sections regarding annual expenditures, including compensation, fundraising fees and grant payouts. One observer suggests that the IRS submission will be declared incomplete.
The acting president of a small Vermont liberal arts college, Southern Vermont College, was found dead in an apparent suicide amid an investigation into the embezzlement of $440,000 in school funds. James Beckwith’s body was discovered the same day federal prosecutors filed a civil complaint involving the alleged misappropriation of college money.
With the assistance of co-defendant Mark Anthony Bustos, who also worked in the IT division, Mr. Witham allegedly embezzled $350,000 from the college district over six years, buying dozens of computers, hard drives and memory sticks online using the district's credit card, then selling the items via eBay and Craigslist.
- Silence: The Impending Threat to the Charitable Sector (Xlibris, 2011)
- Nonprofits: On the Brink (iUniverse, 2006)