Tri-Valley Community Foundation goes mum, hires PR firm Comments on Stories, posted by Editor, Pleasanton Weekly Online, on Jun 21, 2012 at 9:31 am
The Tri-Valley Community Foundation may be $3 million in debt and looking at bankruptcy, but it's not too broke to hire a public relations firm that offers "crisis communications." The foundation is expected to go belly up by the end of the month, according to its board president and CEO Ron Hyde, who, "on advice of counsel," has stopped commenting to the press.
Read the full story here Web Link posted Thursday, June 21, 2012, 7:35 AM
Posted by good move, a resident of the Another Pleasanton neighborhood neighborhood, on Jun 21, 2012 at 10:22 am
The board president should not have been communicating with the press anyway while they are figuring all of this out. I guess he could not control himself, which probably forced the board to have to hire a firm to speak to the press. I have heard from reliable sources that the articles in this paper are so full of misinformation. Not sure how much is the writing or the source of "information". I believe it is a good thing that this organization goes quiet while it figures out what occurred. Everything right now is just speculation. While that makes good tabloid reporting, it only spreads misinformation that while it might be corrected later, people will remember the misinformation and think it is correct. I commend the rest of the media for not getting swept up in this tabloid-style journalism.
Posted by Mr. Mittens, a resident of another community, on Jun 22, 2012 at 7:41 am
For heaven's sake, can't we move on to more important things? For example, has anyone noticed that the Obama-created recession is continuing (except in some swing states which we need not mention here)? The economy is raging in a violent downward plunge, and Obama is in way over his head. As far as this liberal media propagated story about our finest private sector representatives, the answer appears simple enough: If they are guilty of breaking the law, let them self-deport themselves. My record on this is clear and consistent. I want to be your President! We need a Businessman in the nation's highest political office!
Posted by Mike, a resident of the Highland Oaks neighborhood, on Jun 23, 2012 at 3:24 pm
Any top-heavy foundation or NPO will be lousy with grifters.
Of course, any honest organization could avoid bringing such sinister staff aboard through due diligence. To handle those who avoid detection, rigorous oversight and a system of checks and balances that prevents any one individual from exercising the authority to use or approve the use of foundation money would help.
It's actually not all that difficult to run an ethical organization.
Posted by Mr. Mittens, a resident of another community, on Jun 24, 2012 at 7:34 am
I agree wholeheartedly with my fellow citizen and likely voter Mike. First, you have yourself and like-minded, deep-pocketed people start up an organization. Second, you have all of the above define what constitutes ethical conduct. Third, make sure the definition provides room to engage in all kinds of 'ethical' conduct that makes huge profits for your own organization often at the expense of others that you, say, buy up and cannibalize. Look at Bain! For goodness sakes, how could anyone say what we did was unethical? Heh-heh-heh.
Posted by Concerned Citizen on Facts, a resident of the Another Pleasanton neighborhood neighborhood, on Jul 29, 2012 at 5:42 pm
This is not a surprise, reading the financials of this organization from 2000 to current reads as a mistery of vanishing funds with an increase of liabilities and a sad depletion of its investment dollars. How could the Board not have had a collective meeting on this obvious depletion of Funds without Mr. Rice. Who was really paying attention? There is no way to blame only one person, was the Board engaged with this organization? Or were they just there warming a seat? Ignorance is not an excuse with the magnitude of what has occurred. Where is this money being deverted from to hire a PR firm?, back to staus quo. Why would any intelegent person give to this organization again. Why isn't there a review on Hacienda Helping Hands and the possible misappropriation of funds?, they are one and the same organization!
To many community citizens attempted to bring these issues to the Board. What happened; the citizens were spoken of as disgruntle neighbors of the community and were discarded as crazy!