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For Parents

SC Department Of Revenue published final 2019 fundraising total … $7.5M LOST FOREVER …

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This week, SC Department Of Revenue published the final fundraising totals for 2019 … $4,547,101.10 RAISED … that means $7.5 MILLION is LOST FOREVER!!!

On January 20th, 2020, after weeks and weeks of reporting on (not so) Exceptional SC’s failing fundraising like here and here and here, #FireChadConnelly sent email to parents and school officials bragging that “December was the best fundraising month of 2019” … we were skeptical yet very hopeful for that to be true …

Oh well, we should have known by now that we cannot believe anything #FireChadConnelly says … as the numbers speak for themselves. In March, 1,949,959.72 was raised … in December, 1,007,236.27 … again … no one is buying what #FireChadConnelly is selling

Now, should we believe that 2nd semester scholarships are going to actually come in March??? By looking at all the numbers we can’t help but wonder … where is the 2nd semester scholarship money is going to come from??? In theory, the 2020 fundraising has started … is the plan to use the 2020/2021 funds for 2019/2020 school year to cover up #FireChadConnelly failures? You know the saying “rob Peter to pay Paul” …?

For Parents

$250,000 Lawsuit = Board Purge???

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Connelly, Kirkland & Page – PURGED FROM BOARD???

To be clear, we have no idea if the two are related … but it appears very coincidental that the week after a lawsuit asking for the return of $250,000 for scholarships … alleging EMBEZZLEMENT … we discover that #FireChadConnelly and the infamous “CPA” … Stephen Kirkland, CPA, CMC … are both GONE from the Board at Palmetto Family Council. Also gone is Randy Page (the Bob Jones University Chief of Staff and long-term associate of Chad Connelly’s) … with all this following the earlier departure of “Dr.” Oran Smith who joined full-time Ellen Weaver & Palmetto Promise Institute.

Of note, Palmetto Family Council no longer shares office space with Palmetto Promise Institute either.  

These were “school choice” cabal members at PFC that were all named as individual defendants in lawsuit(s) related to the ongoing fight to save this program and expose the corruption hurting families and schools. #FollowTheMoney!!!

We also don’t think these are “minor” changes.  These people were the core group in our observation at Palmetto Family Council … as far as we can tell they have all been at PFC for 20 +/- years.  It is a MAJOR shakeup.

the question is will (not so) Exceptional SC Board act and PURGE Connelly next??? 

 

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For Parents

Lawsuit filed asking for return of $250,000!!!

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Given Exceptional SC Board’s apparent unwillingness to address the issue (at least publicly), a lawsuit has been filed asking for the Court declare that Exceptional SC leadership has violated the simple mathematical 2% maximum of S.C. Code Ann. § 12-6-3790(B)(4) which states the “public charity may expend up to two percent of the fund for administration and related costs” … and to return approximately $250,000 that should have gone to children’s scholarships … but instead appears to have gone into the pockets of Executive Director Chad Connelly and his friends.

For a copy of the lawsuit … click HERE.

Not only has leadership at (not so) Exceptional SC cost children, parents and schools $7.45 MILLION in 2019 tax credits … they have also overpaid themselves (and their friends) an estimated $250,000 … with no apparent intentions to stop the excess spending or pay the money back.

As we have previously reported, CPA financial provided by the SC Department of Revenue demonstrate that $99,935 has been overspent for the fiscal year 7/1/2018 – 6/30/2019.

But it gets much worse when you analyze the current 7/1/2019 – 6/30/2020 fiscal year. An estimated $125,643 has been overspent in just the first 6 months of the current fiscal year … meaning we are approaching a grand total of almost a QUARTER OF A MILLION DOLLARS … that was meant for children’s scholarships.

As we always say … #FollowTheMoney … and stay tuned for more details …

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For Parents

SC DOR Confirms … No More Donations Accepted for 2019

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Although for some unknown reason leadership at (not so) Exceptional SC continues to ILLEGALLY solicit 2019 contributions on their website and in emails … the SC Department of Revenue confirmed with us last week that the unclaimed $7.45 MILLION in 2019 K-12 Tax Credits are now …. LOST FOREVER!!!

The above was the Department’s response to a Freedom of Information Act (FOIA) request seeking documentation permitting 2019 tax credits to be claimed in 2020 … as #FireChadConnelly has been telling donors.  Well, NO DOCUMENTS EXISTED … because it is NOT LEGAL!!!

The Department of Revenue further disavowed #FireChadConnelly’s January 17, 2020 email solicitation … for 2019 donations … stating specifically that the “Exhibit A” was not reviewed or approved by the Department of Revenue.  Furthermore, a tax credit may only be taken in the year in which the donation was made.”

But guess what … that does not stop #FireChadConnelly.  He is STILL telling donors and CPAs that they can donate for 2019.  Does he really think CPAs and Tax Attorneys are this stupid?!?!?!

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