Awash in Money

Awash in Money

Abby Zimet

A check from pharmaceutical giant Lilly

The Times looks at the "fundraising juggernaut" that is the Congressional Black Caucus,
which is supposed to help fund scholarships to poor black kids but
spends far more on lavish parties funded by questionable corporate
interests. If true, this is really depressing; somehow we thought
they'd do better.

The Foundation spent more on the
caterer for its signature legislative dinner and conference - nearly
$700,000 for an event one organizer called "Hollywood on the Potomac" -
than it gave out in scholarships, federal tax records show.


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