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Jeffrey Epsteins Charity: An Image Boost Built on Deception
Key Excerpts from Article on Website of New York Times


New York Times, November 26, 2019
Posted: December 23rd, 2019
https://www.nytimes.com/2019/11/26/business/jeffrey-epstein-...

Jeffrey Epsteins foundation looked for all the world like a charitable powerhouse: On its websites and in its press releases, the foundation was described as a patron of hospitals, universities and film festivals, run by a global philanthropist. The organization known by various names, but usually called the J. Epstein Virgin Islands Foundation wasnt officially a charity for much of its existence, having lost its tax-exempt status in 2008 ... the same year Mr. Epstein pleaded guilty to soliciting prostitution from a minor. In the years between that case and his suicide in August as he faced federal sex-trafficking charges, Mr. Epstein was unshackled from the rigorous financial disclosures that charities are supposed to file every year with the government allowing him to exaggerate his philanthropy as he sought to rebuild his reputation. The most glaring exaggeration appeared on Wikipedia. A user name apparently connected to Mr. Epstein edited the page for the foundation and put its annual outlay at $200 million a year. In reality, the foundation was worth a small fraction of that amount, according to documents obtained by The New York Times through a public records lawsuit in the Virgin Islands. Eighteen years of financial statements show that just under $20 million flowed into the foundation since it was founded in 2000. Roughly $16.6 million was spent on donations and grants; most of the rest paid unspecified general and administrative expenses and $1.5 million in interest for what appears to be an undisclosed debt.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources.


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