Tom Gonzales, has filed a lawsuit to against East Bay Community Foundation of Oakland and to regain control of his son's charitable bequest in order to ensure that the tens of millions of dollars are spent as the younger Tom Gonzales wished. In this, the image of the East Bay Community Foundation has been damaged.
The East Bay Community Foundation was originally the receiver of a bequest of $23 million from the Gonzales Foundation,and it was to be controlled by EBCF. But distribution of the money has been on hold until various tax claims involving the Gonzales estate are resolved.
In a kind of fit, EBCF elected to sue the family just because EBCF has not received all of the money. I guess they forgot who it belonged to. But in doing this, the reputation of the East Bay Community Foundation has been damaged because it seems like an awardee can't trust the East Bay Community Foundation to simply hang on and be a team player.
Stay tuned.
The East Bay Community Foundation was originally the receiver of a bequest of $23 million from the Gonzales Foundation,and it was to be controlled by EBCF. But distribution of the money has been on hold until various tax claims involving the Gonzales estate are resolved.
In a kind of fit, EBCF elected to sue the family just because EBCF has not received all of the money. I guess they forgot who it belonged to. But in doing this, the reputation of the East Bay Community Foundation has been damaged because it seems like an awardee can't trust the East Bay Community Foundation to simply hang on and be a team player.
Stay tuned.
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