Destiny Rescue
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

A Suspense Authors Cautionary Tale


Monday, 31st July 2000 at 1:07 pm
Staff Reporter
Here’s a cautionary tale that sends a shiver down the spine of any Not for Profit organisation as reported by the New York Times and the Philanthropy News Network. Popular suspense author, Tom Clancy (Hunt…

Monday, 31st July 2000
at 1:07 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
A Suspense Authors Cautionary Tale
Monday, 31st July 2000 at 1:07 pm

Here’s a cautionary tale that sends a shiver down the spine of any Not for Profit organisation as reported by the New York Times and the Philanthropy News Network.

Popular suspense author, Tom Clancy (Hunt for Red October etc and Patriot Games) has dismantled his Foundation after seven years and millions of dollars spent on everything other than what was originally intended!

In 1992 Clancy set up the Kyle Foundation to help children with grave illnesses to use the Internet to talk to each other via the Web so they can learn about their diseases.

He named the Foundation after meeting 6 year old Kyle Haydock, who wrote him a fan letter from his hospital bed telling him about his illness, Sarcoma.

Seven years and $5 million dollars later the Kyle Foundation is being dismantled without even a Web site to its name.

Clancy is accusing Katherine Gorshow, the Foundation’s Executive Director of improper expenditures and mismanagement saying she used the money for personal expenses including travel.

Gorshow denies the accusations and is suing the Foundation for breach of contract!

According to the New York Times about $700,000 of the Kyle Foundation’s money remains unspent. Clancy plans to spend it by endowing a paediatric oncology research chair at Johns Hopkins University that will be named after Kyle Haydock.

The full text of the story is currently found at www.nytimes.com/library/tech/00/07/biztech/articles/11clancy.html




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Tags : Philanthropy,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Australian NFPs fight for $50 million birthday giveaway

Maggie Coggan

Wednesday, 8th May 2019 at 5:29 pm

Policy boldness needed to encourage philanthropy

Krystian Seibert

Thursday, 2nd May 2019 at 8:38 am

Why the leaders of the future should look to philanthropy

Luke Michael

Tuesday, 30th April 2019 at 5:29 pm

What philanthropy wants: A more giving Australia

Sarah Wickham

Tuesday, 16th April 2019 at 8:05 am

POPULAR

Morrison vows to prioritise NDIS following election win

Luke Michael

Monday, 20th May 2019 at 4:05 pm

Guide dogs business venture set to shake up traditional charity model

Maggie Coggan

Monday, 13th May 2019 at 4:11 pm

Australia set to face UN scrutiny over disability rights

Luke Michael

Friday, 17th May 2019 at 4:45 pm

Destiny Rescue
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!