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View Diary: Komen's hypocrisy: Let us count the ways (220 comments)

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  •  "donate to us, we'll invest in you" -- de facto (1+ / 0-)
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    tikkun

    quid pro quo relationships might exist, but would likely be hard to prove since any investment would have to make sense from a standpoint of "good governance".

    Any investment that was made solely as payback -- one that did NOT make any sense from the standpoint of growing the value of the charity's endowment -- would not only require the approval of any Finance Committee and at least passive approval of a majority of Board Members, that investment would have to be missed or, at least, 'passed over' on every Annual Audit since the investment took place, for as long as it was retained.

    Again, it's possible that it occurs but it's a situation that would call into question the reputation of many people and entities besides SKG and its CEO.

    It seems curiosity has killed the cat that had my tongue.

    by Murphoney on Sun Feb 05, 2012 at 03:27:35 PM PST

    [ Parent ]

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