Saturday, January 11, 2014

Newtown Charity Missing 70% of Donations

by Gary Snyder


A charity formed after the shooting massacre at Sandy Hook Elementary School has been unable to account for more than $70,000 it raised through marathon running, one of its co-founders said.  The 26.4.26 Foundation raised $103,000. 

One co-founder was in charge of the organization's finances but has cut off any inquiries. The other co-founder said the foundation, registered as a nonprofit corporation in Tennessee, had virtually no overhead or other expenses that would justify not giving the vast majority of the proceeds to the people of Newtown. (source)




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