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Tri-Valley Community Foundation in deep debt, looking to close
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on Jun 11, 2012
The Tri-Valley Community Foundation is more than $3 million in debt, and is looking to close and file liquidation bankruptcy by the end of June. It is also seeking criminal prosecution against its former president, David Rice. "We owe probably $3 million-plus, everything included," said TVCF board Chairman Ron Hyde. "There's no 'there' there."
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posted Monday, June 11, 2012, 4:04 PM