A 2nd life for the TriValley Community Foundation? We hope so
Original post made on Sep 3, 2012
Read the full story here Web Link posted Friday, June 8, 2012, 12:00 AM
on Sep 3, 2012 at 1:51 pm
TVC does not face similar problems as CVB, which hired an embezzler, or Valley Community Health Center, overspending in delivery of health care.
TVC's board is ultimately responsible for the financial health of TVC and has been during David Rice's time there. The board should be swapped out. David Rice is a man with integrity, intention, and compassion. David Rice didn't embezzle, so your comparison is odious. Nor did he provide medical care ahead of adequate reimbursement, as in your other example. The only point this article articulates is the board and "even Hyde" who are responsible for the inaccuracy, are still in their positions of responsibility. David Rice is gone but my money in TVC is going to follow him.
on Sep 4, 2012 at 10:30 am
William, you are mistaken. The CEO of a Community Foundation leaves an organization 3 million dollars in debt and he does not bear any responsibility. It is the boards responsibility to hold the CEO accountable and the CEO's responsibility to manage the organization. Neither of the two did their job!
on Sep 6, 2012 at 11:01 am
So neither did their job. Now nobody answers the phone. The expertise and knowledge have left with the CEO and staff. Where is the money and who can account for it?