Nov 26, 2013 5:35 PM by Ian Auzenne
A local charity will have its non-profit status reviewed because of a recommendation made by the state treasurer.
The State Treasury investigated the Colomb Foundation after questioning $20,000 in payments made after the organization received a $300,000 grant from the state. The State Treasury says it never questioned the legitimacy of the transactions; it wanted "unredacted and/or clear, complete copies" of receipts for the purchases.
The Colomb Foundation submitted those receipts last week, leading the Treasury to close its case against the agency. However, a letter from first assistant state treasurer Ron Henson, the foundation will undergo further scrutiny.
"Although the issues [. . .] have been completed, we have referred your file to the Office of Debt Recovery for review of the organizations 501(c)(3) tax-exempt or 'non-profit' status," Henson wrote.
Henson also wrote that the Colomb Foundation may also be subject to a state legislative audit.