
Tax, Legal & Compliance

On June 25, 2015, the Associated Press reported that Paul LePage, the Republican governor of Maine, had been accused of pressuring the Good Will-Hinckley school, a nonprofit charter school for at-risk youth, into removing Mark Eves from his position as president. According to the report, LePage threatened to withhold from the school $500,000 in yearly funds if it kept Eves on board, which, in turn, could have led the school to miss out on another $2 million in private funds, a potentially devastating blow to the small nonprofit. Eves, as it happens, is Maine’s Democratic House Speaker...
The onetime director of Jared Fogle's charity has agreed to plead guilty to charges of child exploitation and distributing and receiving child pornography as part of a conspiracy with the former Subway pitchman, the U.S. Attorney's Office in Indianapolis said Tuesday. The plea agreement with Russell Taylor, 43, a former head of the charity focusing…
A USA Today investigation into the Jared Foundation's tax records found that the organization, founded in 2008, has not issued a single grant. According to the USA Today report, the foundation spent an average of just $73,000 a year, with 60 percent of that total allocated to former executive director Russell Taylor's salary and 26 percent unaccounted for...
A two-term state senator admitted in federal court Thursday that he stole $1.8 million from the nonprofit agency where he worked and filed a false tax return. Sen. Rick Brinkley, 54, admitted wrongdoing on all six charges—five counts of wire fraud and one count of subscribing to a false tax return. He negotiated a plea…
On Wednesday, former Subway spokesman Jared Fogle pleaded guilty to possession of children pornography and having sex with minors. Court documents show that Fogle used his charitable foundation to access chidren, traveling to foundation-hosted events in Indiana and other states where he would meet and become close with victims...
More than 100 New York teenagers—and dozens in Chicago, Houston and Nashville, Tenn.—were duped by a Long Island-based "scam" charity into working at concession stands at major sports and entertainment venues in those cities on the promise they would be paid $9 an hour, but most received little or no compensation, prosecutors said. Whelton Herron, president…
Nonprofit hospitals get billions of dollars in tax breaks every year, but a new study shows that they may not be giving back very much to communities in return, as intended by law. The study, out of the University of California San Francisco, found that some tax-exempt hospitals are spending as much on free or subsidized care…
A taxpayer-funded Brooklyn nonprofit is in turmoil after its last two directors abruptly left, one with a fat pay package. Hannah Achtenberg Kinn was booted as head of the League Education & Treatment Center last year with a parting payment of $785,000, a former insider at the agency told The Post. Her retirement benefits also…
A prominent San Francisco church sued a nonprofit it created decades ago on Tuesday, accusing it of being “blinded by the riches the gold rush dangles” and illegally attempting to sell a housing complex for low-income residents. The nonprofit wants to sell Frederick Douglas Haynes Gardens, a 104-unit apartment community for low-income residents. Third Baptist…
A man was sentenced to prison Monday for stealing thousands of dollars in funds from a Philadelphia nonprofit that helps the homeless. Nathaniel Robinson, 62, pleaded guilty in March to stealing from a program that receives federal funds. According to the U.S. Attorney's Office, Robinson used his corporate credit card from 2006 to 2010 to…