The Chronicle, 12/29/2004: New York Charity Officials Repay $1.3-Million in Loans

The Chronicle, 12/29/2004: New York Charity Officials Repay $1.3-Million in Loans: "New York Charity Officials Repay $1.3-Million in Loans
By Grant Williams
New York State officials have ordered officers and directors of three dozen charities to repay a total of $1.3-million in loans they had received from the organizations.

The New York attorney general's office said most of the money has been repaid.

The state office ordered the repayments as part of an investigation spurred by a Chronicle study that uncovered more than 1,000 charities across the country that had outstanding debts from loans to officers and directors totaling $142-million. "