Michigan GOP candidate allegedly siphoned off 95 percent of charity’s money
Michigan Democratic Party Chairman Mark Brewer dropped a bombshell this morning that may have obliterated Republican Clark Durant’s campaign for Senate.
Brewer alleges that he has uncovered documents that show a charity run by Durant funnels 95 percent of its funds – more than $600,000 a year – to the Durant family, particularly the candidate’s daughter, Hope Durant Loomis.
Brewer is calling for an IRS investigation into the Genesis Foundation, a nonprofit Durant formed in 1991 to help Detroit children secure a private school education. The charity is connected to Detroit’s Cornerstone Schools, a charter school group which Durant founded.
“Clark Durant claims to be a ‘rebel with a cause,’ but it turns out he’s siphoned off almost $1.4 million from a charity originally created to help Detroit kids afford school. It’s clear the only cause Durant cares about is his own,” Brewer said.“A man who unlawfully abuses charities and foundations for personal gain is not the kind of ‘rebel’ Michigan families need.”
Brewer’s own political investigation was sparked by a recent story in the Detroit Free Press that found Durant’s $500,000 salary at Cornerstone, a relatively small organization that educates 1,500 students, exceeded the pay received by many university presidents and CEOs of national charter school networks.Oh yeah.
Wish I could believe this would “obliterate” the guy’s campaign.
