$7 million charity emerges from court's oversight | IndyStar.com

$7 million charity emerges from court's oversight | IndyStar.com: "$7 million charity emerges from court's oversight

Fort Wayne -- A court's oversight of the troubled Schwab Foundation has ended, and the new board members have taken control of the $7 million charity.

Allen Superior Court Judge David Avery on Friday signed an order ending the receivership of the Olin B. and Desta Schwab Foundation. The receiver, local attorney F. John Rogers, was appointed in January after Indiana Attorney General Steve Carter sued the foundation for allegedly mismanaging money and illegally moving to Nevada.
Under the receivership, Rogers controlled all of the foundation's finances. He also accounted for all of the foundation's assets, which include a $1.5 million furnished resort home in a gated compound outside Las Ve"