The Journal staffers who wrote the story declined to comment on the allegations. Tofel declined to provide it. The points we will be amplifying are relatively minor. This loss occurred because an employee went far beyond approved investment policies. Some trusts lost money which caused the distributions to be less than previously paid.
Legal actions are under way to recover the losses.
Individuals and organizations continue to make full use of the Foundation. Secondly, my comment was not limited to Fred Sticht, as is quoted. There have been others who have been blasted. Thirdly, that comment was made in the context of how emotions had become heated and how some people were looking for vindication. And, I'd rather have a smart pagan investment manager handle that than a stupid Christian.