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[quote=Anonymous]FYI, the 28% is inclusive of fees paid to Pure, so 72% of funds raised in 2021 went to the charities. This isn't out of the realm of normal for some charitable foundations but there are plenty of charitable organizations who operate with a much lower cost structure. I'm not interested in giving to an organizatino with a bloated management structure and fee-heavy process. [quote=Anonymous]Did restructuring legacy collective provide a way to get a clean slate and potentially cover any previous mismanagement by Brandon? [/quote] This is certainly a question that's crossed my mind but don't know the answer to. Quite possibly the speed with which the divorce was filed suggests there could have been financial mismanagement that needed to be cut off asap, but that's only speculation. And if there was financial mismanagement, it may have been entirely unrelated to LC. If it was related to LC, it's possible they struck a deal...if Brandon agreed to leave quietly, they would restructure without making a fuss or accusations towards him. As long as the law wasn't broken, this would be a viable option and better for Legacy Collective. No one in management would have wanted to leak a clue that their donor's funds hasn't been managed wisely--that would have been a death knell for LC.[/quote]
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