A foundation set up in 2008 by Jared Fogle, the former spokesman for Subway, has never awarded a single grant to fight childhood obesity, according to USA Today.
Credit: George Mathis
Credit: George Mathis
As you know by now, Fogle, 37, will accept a plea deal with federal prosecutors who have charged him with having sex with underage girls and possessing child pornography.
While Jared awaits sentencing in his "13-room mini-mansion," the executive director of the Jared Foundation, Russell Taylor, 43, sits in jail on child pornography charges.
Prosecutors say Taylor, a former youth-market director for the American Heart Association in Indianapolis, secretly videotaped and photographed boys and girls using the bathroom at his house.
When Fogle announced his foundation, he pledged to give millions to combat childhood obesity, a condition that plagued his youth.
An analysis of the foundation's expenditures by USA Today shows the foundation never awarded a single grant.
Instead, the foundation spent $73,000 a year to pay Taylor.
"Sixty percent of the money went to the executive director's salary, and 26% is unaccounted for, according to foundation tax records," writes USA Today.
The foundation has also failed to pay a $5 annual registration fee to the state of Indiana since 2008.
We don't know everything about how Jared spent his fame and estimated $15 million fortune, but it looks like it wasn't helping kids.
