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Resource ID: #21681
Subject: Nonprofits
Source: Observer (Charlotte, N.C.)
Date: 2004-11-07



"When Jesse Helms pledged thousands of his papers to Wingate College in 1987, he triggered the creation of a nonprofit foundation to preserve them. Now, The Jesse Helms Center Foundation has $11 million in assets, including a $3.3 million building...But an Observer examination of the tax=exempt Center's IRE filings show that it spent far more on overhead -- more than 70 percent in some years -- and less on programs than recommended by organizations that monitor nonprofits."

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