The Reynolds Foundation is rock solid. It's been around for over 100 years and has very deep pockets.
In this economy, it is being bombarded with grant requests.
It budgets an annual amount to be spent. Often, that amount is further budgeted by different activities or geographic areas.
The gentleman interviewed indicated it was a "pending" grant. Guess what, that means it was not approved; it was being considered.
Grant requests typically have a fiscal dateline for approval and distribution. Once approved, there's no mystery about when the funds are dispursed.
His further statement that the money was gauranteed does not hold water. Funds are gauranteed once the grant request has been approved. This one had not by his own words been approved; it was "pending".
Scott -- this is a no brainer.
Have someone call the Reynolds foundation for comment. I believe they are headquarterd in Winston Salem. Was a grant request filed? What does "pending" mean in the grant world? What is the status of this grant request?
The folks at this foundaion would not tolerate the association of their name and reputation with this type of shennanigans if it is not on the up and up.
Second -- did any of the participants pay a fee to participate?
Scott -- I think you can see where this could lead based upon the answers?
Now that would be investigative reporting.
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