The Money Beneath the Foundation
Chapter 08 - The Money Beneath the Foundation
The Westmont Foundation funded shelters, scholarships and medical programs.
Its public reports showed eighty million dollars in annual aid.
The real figure was less than half.
Graham used consulting contracts to move money into property investments and political accounts. Several charities existed only on paper.
One false shelter address belonged to an abandoned warehouse.
Eleanor had signed budget approvals.
She said she trusted the finance committee.
The committee reported to Graham.
Victor asked why she never visited the programs.
Eleanor had no answer that did not sound like privilege.
Claire joined an independent audit but refused a permanent family position. She wanted Daniel’s work completed, not inherited as another obligation.
The audit restored funds to real programs and published every prior failure.
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Westmont’s charitable reputation fell.
Actual assistance increased.
