Tuesday, August 25, 2015
Gannett Report Says Jared Foundation Was A Sham
A USA Today report analyzing the tax returns filed by the Jared Foundation, the nonprofit organization established by the disgraced former Subway spokesman Jared Fogle to help combat childhood obesity concludes it was a sham. It turns out that 60% of the money spent by the charity was to pay the salary of Russell Taylor, the former executive director who federal prosecutors charged in April with multiple child pornography offenses. The report says 26% of the charity's expenditures can't be accounted for. The charity never issued a single grant regarding its stated mission of providing grants to schools and community organization to combat the problem he had as a child. "The plan that Jared "The Subway Guy" Fogle announced in 2008 was like so many things about him: big, inspirational and, it would turn out, false," the USA Today report says.