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9/11 FUND HAS NO CLASS: KIN STIFFED BY $125M SCHOLARSHIP CHARITY (Bill Clinton helped promote)
The New York Post ^ | September 9, 2007 | SUSAN EDELMAN

Posted on 09/09/2007 9:55:17 AM PDT by Stoat

9/11 FUND HAS NO CLASS

KIN STIFFED BY $125M SCHOLARSHIP CHARITY

By SUSAN EDELMAN

Story Bottom

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 ...


TOPICS: Crime/Corruption; Front Page News; News/Current Events
KEYWORDS: 911; 911families; billclinton; clintonlegacy; clintonlibrary; familiesoffreedom; scholarship; scholarshipfund; scholarships; sixthanniversary
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To: Stoat

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.


21 posted on 09/09/2007 11:10:42 AM PDT by SandRat (Duty, Honor, Country. What else needs to be said?)
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To: Stoat
And while we're on the subject of the Toons and charities, from 2005...

Watchdog Cites Failures at Charity

22 posted on 09/09/2007 2:00:50 PM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: PeteB570

A whole lot more, from private charity and in government (tax payer) paid benefits.


23 posted on 09/09/2007 3:21:38 PM PDT by Harvey105 (Go ahead kid. Keep the screwdriver.)
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To: tennmountainman

I agree that the charity needs looking into. I just think that some of the people are looking a gift horse in the mouth.


24 posted on 09/09/2007 3:24:00 PM PDT by Harvey105 (Go ahead kid. Keep the screwdriver.)
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To: mewzilla

“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?


25 posted on 09/09/2007 3:30:56 PM PDT by tennmountainman
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To: Stoat

Stoat,

The only reason Clinton was involved in this was to get a list of young coeds in financial need.


26 posted on 09/09/2007 7:05:13 PM PDT by festus (I'm a fRedneck and proud of it.)
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To: festus
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.

27 posted on 09/09/2007 7:18:34 PM PDT by Stoat (Rice / Coulter 2008: Smart Ladies for a Strong America)
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To: Harvey105

“Sorry if that sounds harsh.”

In the ongoing battle against the Nanny state and the embrace of the Libertine, never apologize for the truth.


28 posted on 09/11/2007 4:41:25 AM PDT by Harrius Magnus (Pucker up Mo, and your dhimmi Leftist freaks, here comes your Jizya!)
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To: Harrius Magnus

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.


29 posted on 09/11/2007 6:24:28 AM PDT by Harvey105 (Go ahead kid. Keep the screwdriver.)
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To: Stoat

Thanks, I caught the front page title for this story, “Chump Change,” last night.


30 posted on 09/11/2007 8:51:03 AM PDT by neverdem (Call talk radio. We need a Constitutional Amendment for Congressional term limits. Let's Roll!)
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To: neverdem

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.


31 posted on 09/11/2007 9:29:46 AM PDT by Stoat (Rice / Coulter 2008: Smart Ladies for a Strong America)
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To: goldstategop

bttt


32 posted on 09/11/2007 2:00:23 PM PDT by AnimalLover ( ((Are there special rules and regulations for the big guys?)))
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