Sunday, August 27, 2006

Schwab Foundation headed back to Fort Wayne

News-Sentinel | 08/25/2006 | Schwab Foundation headed back to Fort Wayne:
"The process to officially return the nonprofit Olin B. & Desta Schwab Foundation – an organization created to help high-school students choose a career -- to its Midwest roots has begun, according to Attorney General Steve Carter.

His office filed Articles of Incorporation with the Indiana Secretary of State on Friday to move the foundation from Nevada to Fort Wayne.

In December, Carter’s office froze more than $7 million in foundation assets, and accused its then-president, Richard H. Blaich, of illegally moving the foundation’s headquarters from Fort Wayne to Nevada."

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Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close

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