Bankruptcy court seeks jury trial for Community Foundation leaders

Some charities left without promised payments through mismanagement, trustees charged

An Alameda County bankruptcy court trustee is seeking a jury trial for the leaders of the now defunct Tri-Valley Community Foundation in an effort to collect $928,000 in appropriated funds that the foundation didn't have.

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Posted by Jack
a resident of Downtown
on Aug 20, 2014 at 9:41 am

Jury trial? What a joke! Until they find the yacht, the jet or the hooker-filled party, they should just let this one go away. My understanding is that Rice has been accused of taking money ear-marked for charity A, and giving some of it to charity B. Mismanagement? Yes. Criminal? Not so much...

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Posted by neighbor
a resident of Another Pleasanton neighborhood
on Aug 20, 2014 at 4:26 pm

Perhaps this has to be done to make a claim against the insurance policy the foundation/board had.

There might be some liability against the long time board members there (I think Hyde has been a long time board member plus president). The funds should never have been co-mingled and the board has a fiduciary responsibility. Shame on the board president for not doing something to rectify that. Although the board president was a judge who was removed from service from the Commission on Judicial Performance in 2003 for not showing good judgement. Here is a copy of his hearing: Web Link

Like this comment
Posted by Jack
a resident of Downtown
on Aug 20, 2014 at 5:27 pm

I ask to see evidence of "yachts, jets, and hookers." And in response I get a a link to document from 1996 that shows a man brought his daughter to work, and used DMV records to help with a reunion???

Like this comment
Posted by Cholo
a resident of Livermore
on Aug 20, 2014 at 6:10 pm

Jack...Having you considered using the word prostitute and not "hooker"?

The word prostitute has been around a long time and it's an appropriate word to use when referring to children, women, and men engaged in prostitution. The word "hooker" is so disrespectful.

just sayin'...

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