Tuesday, February 22, 2005

King Center pays son's firm | ajc.com

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King Center pays son's firm | ajc.com: "King Center pays son's firm

By Ernie Suggs, Lucy Soto, Mae Genrry
Atlanta Journal-Constitution
Published on: 02/20/05
Since 2000, the nonprofit Martin Luther King Jr. Center in Atlanta has paid at least $2.9 million to a for-profit business run by Dexter King, the younger son of the late civil rights leader.
The payments to Intellectual Properties Management escalated sharply in that time, the center's tax records show. By 2003, more than 50 cents of every dollar donated to the center was passed on to IPM, making it the center's largest single contractor, records show."

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