Daily Tax Report ®

College Scandal Involved Shadowy Charity With ‘Yellow Flags’

March 15, 2019, 5:46 PM

The California charity at the center of the college-admissions scandal listed no employees, had questionable documentation, and didn’t live up to its promises for years before it was exposed as a conduit for bribes to officials at elite universities.

And it apparently never attracted attention from the IRS.

Key Worldwide Foundation told potential donors that its aim was to provide educational opportunities to underprivileged kids. But the foundation, headed by William Singer, also helped celebrities, executives and other wealthy people bribe test monitors, school officials and coaches so their kids would be admitted to top universities, according to the FBI....

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