Posted on 09/09/2007 9:55:17 AM PDT by Stoat
September 9, 2007 -- A charity that tapped the influence of former President Bill Clinton and ex-Sen. Bob Dole and raised more than $125 million to send the children of 9/11 to college is stiffing families it promised to help, The Post has learned.
Clinton and Dole spearheaded a campaign for Scholarship America that raked in millions to "guarantee a college education to the children and spouses of everyone who was killed or disabled on Sept. 11," as Clinton vowed on the Larry King show in September 2002.
Major corporations, including Citigroup, DaimlerChrysler and Major League Baseball, gave $5 million or more. Hundreds of other companies and individuals pitched in $10,000 and up.
In the six years since, the Minnesota-based charity, which launched its "Families of Freedom Scholarship Fund" days after the terror attacks, has doled out only $19 million in college aid to 731 recipients.
But the fund is sitting on $133 million as donations continue to flow in and the money is invested.
Yet the charity has refused or slashed aid to families that earn interest from their 9/11 Victim Compensation Fund payments, saying that's taxable income that reduces their need.
(Excerpt) Read more at nypost.com ...
The fantasy scheming, crime, and corruption of all the movies on the Mafia ever done would come to reality if “Broom-Stick One” became a reality in Nov-’08.
A whole lot more, from private charity and in government (tax payer) paid benefits.
I agree that the charity needs looking into. I just think that some of the people are looking a gift horse in the mouth.
“The What if there are funds left over? bit is very interesting.”
Of course there are going to be funds left over. The head of that charity has a possible lifetime gig worth $250,000 a year if he holds the funds back.
Who would not want THAT JOB?
Stoat,
The only reason Clinton was involved in this was to get a list of young coeds in financial need.
LMAO!
As usual, Free Republic's Deputy Sheriff is on the case and has already uncovered the criminal's motive :-)
Now all we need to do is to prevent the criminal from getting back into the White House where he could do untold damage.
“Sorry if that sounds harsh.”
In the ongoing battle against the Nanny state and the embrace of the Libertine, never apologize for the truth.
Thank you. You are absolutely right and I usually don’t but being new, I didn’t want to offend those here who may have lost someone that day.
Thanks, I caught the front page title for this story, “Chump Change,” last night.
You’re welcome....hopefully this scrutiny will spur the release and appropriate dispersal of these funds. The money wasn’t given with the intent of providing a lucrative gravy train for the administrators of this fund, but to help 9/11 families.
bttt
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