Posted By: Asim MohammedTwo days before it sought Chapter 11 bankruptcy protection, calling itself "unable to meet its obligations,'' the National Heritage Foundation wired $1 million to an affiliate charity, new court filings show.
The transfer by the large, controversial Falls Church, Va., nonprofit to Congressional District Programs Inc. kept the money, at least for the time being, out of the potential reach of NHF's outside creditors. However, the move raises many questions and is likely to be a focus of attention when those creditors gather to question an NHF representative under oath on Thursday.
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