Town Square

TVCF files for liquidation bankruptcy

Original post made on Sep 27, 2012

The Tri-Valley Community Foundation has filed for Chapter 7 liquidation bankruptcy with more than $153,000 in debts, and leaving some charities without funds owed them, according to bankruptcy documents filed Sept. 24. Among the debts left behind by the TVCF is $33,000 owed to the Tri-Valley Rotary Club; $25,000 owed to Amador Valley Education; and $11,000 owed to the Tri-Valley Housing Opportunity Center, court records show.

Read the full story here Web Link posted Thursday, September 27, 2012, 7:35 AM


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Posted by Ellen
a resident of Bonde Ranch
on Sep 27, 2012 at 8:08 am

This is shameful. Hopefully it is not swept under the rug and hopefully someone is actually held accountable. Fraud, or whatever this is, is particularly disgusting when it's done in the name of charity.

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Posted by August
a resident of Foothill Knolls
on Sep 27, 2012 at 1:41 pm

These Non-Profiteers are some of the BIGGEST SCAMS going today; they pass HUGE SUMS OF TAX-FREE MONEY from one RICH PERSON TO ANOTHER RICH PERSON while telling the needy & desperate "YOU DO NOT QUALIFY".

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Posted by Mike
a resident of Highland Oaks
on Sep 27, 2012 at 4:31 pm

Relentless thieves. The only change you ever see is the name of the scam.


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Posted by justwondering
a resident of Another Pleasanton neighborhood
on Sep 27, 2012 at 6:37 pm

This is a good example why oversight committees are not the answer to how money is spent--think the measure B1 tax proposal with no end date but with an oversight committee.