Tri-Valley Community Foundation goes mum, hires PR firm Comments on Stories, posted by Editor, Danville Weekly Online, on Jun 22, 2012 at 3:38 pm
The Tri-Valley Community Foundation may be $3 million in debt and looking at bankruptcy, but it's not too broke to hire a public relations firm that offers "crisis communications." The foundation is expected to go belly up by the end of the month, according to its board president and CEO Ron Hyde, who, "on advice of counsel," has stopped commenting to the press.
Read the full story here Web Link posted Friday, June 22, 2012, 11:55 AM
Posted by Bill, a resident of the Danville neighborhood, on Jun 25, 2012 at 7:08 am
This should be a wake up call for all non-profits in the area. Remember it wasn't that long ago that the CEO of Discovery Counseling Center in Danville was found to have misappropriated funds from that organization. As long as we treat these organizations as fronts for socialization of our areas elite and feel good philanthropy this will continue to happen as there is no one who could believe that this is happening right under their noses.
Posted by Ann, a resident of the Danville neighborhood, on Jun 25, 2012 at 7:27 am
Before you donate to nonprofits check them out. You should look at a financial statement prepared by a legitimate, reconizable accounting firm and not some member of the organization itself. Also, make sure that the majority of its funds are going to charities it says it is supporting rather than to staff and directors bloated salaries. Many nonprofits are fronts for individuals who syphon off monies and perks that never go directly to their causes. Be careful when giving money it may be going into the pockets of thieves. Many nonprofits that are good and honest, but plenty that are not.
Posted by Citizen Paine, a resident of the Danville neighborhood, on Jun 25, 2012 at 10:44 am
One good place to start would be guidestar.org, which has the "Form 990" informational tax returns filed by many, many non-profits. Those often contain compensation info for the paid staff, IDs of Board members and some info about where the money goes.
It is far from failsafe, but it'll give you a broad outline of financial doings, unless those are being hidden. I'm not sure this link will work, but page 7 of their 2010 return lists Board members, and indicates that Rice made just under $100K in compensation.
Posted by frankly , a resident of the San Ramon neighborhood, on Jun 28, 2012 at 1:37 pm
Another potential scam in the hood.
dont these people ever get tired of wanting to rob and steal from their neighbors?
St.Isadore's, local charity Station doing tons of good in the valley, have all been hit with embezzlement of plenty of dollars.
Seems as though that every week there is another scam working the area.
In fact, I truly believe there is one working the good hearted customers at Trader Joe's by asking for donations no permit, just a tiny sign saying they represent some kind of good work somewhere.
Hopefully, people will use better judgement when they see this group looking for your money advertising their good work. Sure just like that private church group taking tons of federal money PLUS SENDING their giant school of 20 kids into the byways of Oakland seeking more money AND they had to get 100 dollars a day before they could return to home base.
Are people that dumb or just like to hand out their money indiscriminately?
Donate, be charitable, be compassionate BUT BE MORE LOCAL WITH YOUR MONEY but check first to make sure. Even then how can one be absolutely sure?
Be at peace and help your fellow man at the right time and the right place.