Author Topic: Report: Haden paid $2.4 million for part-time charity role  (Read 304 times)

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geronl

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Report: Haden paid $2.4 million for part-time charity role
« on: June 19, 2016, 04:39:56 am »
http://www.msn.com/en-us/sports/ncaafb/report-haden-paid-dollar24-million-for-part-time-charity-role/ar-AAhgZ6u?ocid=ansmsnsports11

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Report: Haden paid $2.4 million for part-time charity role

According to a Los Angeles Times report, outgoing USC athletic director Pat Haden and his family have collected $2.4 million since 1999 for working part-time roles in a California-based charity.

Haden, 63, has been the board chairman of the George Henry Mayr Foundation since 1999.

He, his daughter and sister-in-law collected that sizable amount from 1999–2014, according to the foundation’s federal tax returns, despite a major dive in funding and scholarship spending over that time period. The Times reports the foundation’s spending hit a three-decade low, with the size of its endowment staying put.




Many charitable foundations are slush funds, look at Clinton Foundation and Trump Foundation for prime examples.

Offline sitetest

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Re: Report: Haden paid $2.4 million for part-time charity role
« Reply #1 on: June 19, 2016, 04:45:42 am »
That works out to about $160,000 per year.  How many family members?  What's "part-time"?  What'd they do for the money?

The actual facts likely appear to be much less spectacular than the headline.
Former Republican.