The Doc Hurley scholarship fund is out of money. Approximately 7 plus years ago, the million dollar fund had a goal of trippling its assets making it possible to annually give away a healthy number of scholarhips.
The foundation board hired the donor's daughter as exec and it appears that that event coincided with the fund's steady depletion.
So, while the state attorney general will do what he should regarding to pursuing the now ex-exec, what about the fund's board? Are they not culpable and liable for all that has evolved? At the very minimum, is it not up to them, as trustees, to develop a strategy for getting the fund's money back and not doing what they have done to date in terms of oversight -- watching the till as any small business person might say?
Really, if there is shame and accountability to be had here, I believe its on the fund's board. It is not right that these folks should just ride off into the sunset with an "oh well".
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