Has Jared Fogle’s foundation actually helped anyone?
Former Subway pitchman Jared Fogle leaves Federal Courthouse in Indianapolis on August 19, 2015 following a hearing on child-pornography charges – AP
Add this to the list of disgraced former Subway spokesman Jared Fogle’s apparent misdeeds: The foundation he announced in 2008 hasn’t issued any grants at all, reports USA Today, citing the organization’s tax records.
Worth $15 million at the time, Fogle said the non-profit Jared Foundation would give $2 million to schools and community groups to fight childhood obesity, which Fogle had suffered from.
But the foundation “has not issued a single grant,” USA Today says.
According to the newspaper, “From 2009 through 2013, the foundation spent just $73,000 a year on average. Sixty percent of the money went to the executive director’s salary, and 26 percent is unaccounted for,” the tax records show.
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Source News: CBS NEWS