Slavery museum disputes $1.6 million shortage claim

Richmond Times Dispatch ^ | 01/13/12

[freespirited]

Former Gov. L. Douglas Wilder's slavery museum is disputing a claim by the city of Fredericksburg that the museum failed to account for $1.6 million in funds.

As part of its efforts to seek federal bankruptcy protection, the United States National Slavery Museum is trying to stop the appointment of an examiner to review its finances.

The museum also maintains that it be allowed to reorganize so it can eventually resume fundraising and seek tax-exempt status with Fredericksburg.

Last month, an attorney for the city filed a motion as part of its efforts to collect more than $215,000 in delinquent real estate taxes owed on a 38-acre site where the museum has been planned. A hearing is set for Wednesday in U.S. Bankruptcy Court in Richmond.

In last month's motion, Jeffrey A. Scharf, an attorney for Fredericksburg, asked that an examiner be appointed to investigate an "unexplained change" in cash donations from the nonprofit museum's federal tax form for 2005. He said that, based on its beginning cash balance, donations and expenses, the museum should have reported a year-end balance of $1.9 million but instead showed $315,865, leaving $1.6 million unaccounted for.

[freespirited]

Popcorn time.

[bwc2221]

Are Jesse Jackson, Sr. and Jesse Jackson, Jr. members of the board? That could explain the shortage.

[Old Sarge]

It’s either Reparations, or Redistribution Of Wealth.

[ClearCase_guy]

The Smithsonian has an Air & Space Museum -- a lot of folks like airplanes and space exploration.
Most cities have Art Museums -- a lot of folks like Art.

Slavery Museum? -- why the hell would I go?

[WOBBLY BOB]

standard reply applies:

[MissMagnolia]

Been hearing about the Slavery Museum for a long time .... I doubt it is ever going to happen. Looks like the vultures might be moving in and picking the financial bones clean (although the Museum atty disputes a shortfall).

[FlingWingFlyer]

Or Rapture. Maybe Barry the Messiah and his ‘RAT disciples are conducting some sort of Rapture of U.S. Currency.

[oh8eleven]

$1.6 million shortage claim
Check the freeeeezer ...


Wm Jefferson, Democrat, Louisiana

[Mr. K]

Liberals are ALL liars and thieves and think nothing of it

[SunkenCiv]

Thanks freespirited.

Former Gov. L. Douglas Wilder's slavery museum is disputing a claim by the city of Fredericksburg that the museum failed to account for $1.6 million in funds.

It's accounted for, it just wasn't spent on the museum! Gawd!

[PowderMonkey]

"As part of its efforts to seek federal bankruptcy protection, the United States National Slavery Museum is trying to stop the appointment of an examiner to review its finances."

Not surprised. A national disgrace kept very quiet, with the exception of some persisent local reporters. A review of the books (if they even kept any) would result in criminal indictments for several prominent players in this farce. As soon as money started rolling in, it vaporized. The whole thing was run like a corrupted Third World kleptocracy, and nobody dared say anything for fear of being labled racist.

[MrB]

Yep, a liberal worldview is one of the things these embezzlement incidents have in common.

[rocksblues]

The museum filed for Chapter 11 bankruptcy protection in September and reported $7.2 million in liabilities and $7.6 million in assets — essentially nothing more than the donated land.

So all of the money donations disappear and all that is left is the donated land.

Nothing to see here move along folks.

[Brilliant]

I’m betting the money is in Obama’s campaign war chest.

[Moose4]

Huh. I never had much use for Doug Wilder when he was Governor, but I never figured him for a crook. Arrogant, self-righteous prick? Yeah. Embezzler? Wouldn’t have imagined.

Have they played the race card yet, that asking them to reveal their finances is nothing more than Jim Crow rearing its ugly head?

}:-)4

[TheOldLady]

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[MrB]

He, like 0bama, and any other ‘rat politician with higher than average melanin content,

think they DESERVE to embezzle, or at least “live large” on other people’s money,

“because of past treatment of [their] people”.