An example of why "privatizing" social programs into "charities" is not a good idea,,,
A Tennessee charity raising money to honor the victims of the shooting massacre at Sandy Hook Elementary School in Newtown, Conn., is unable to account for $70,000 of the funds.
Ryan Graney, one of the co-founders of 26.4.26, came forward Friday to say that only $30,000 of the $103,000 raised has been accounted for. She told the Associated Press that she presented that money early last year to the Newtown Youth Academy, a non-profit youth sports center.
A posting on the foundation's Facebook account dated Dec. 20 said: "Due to the founders (sic) transgressions and misconduct we were forced to end all ability for 26.4.26 to collect money. Especially after it was revealed that foundation money was spent on personal items." It is unclear who made the posting.
$70,000 in Newtown donations missing
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