Saturday, November 1, 2008
The Chronicle of Philanthropy reports that the W.K. Kellogg Foundation has suspended its grant making in southern Africa because of apparent financial problems at the Foundation's Pretoria, South Africa office. That office oversees giving in more than half-a-dozen southern African countries. According to the Foundation's press release, former U.S. Ambassador to South Africa James A. Joseph will lead a restructuring of the Foundation's programming in that region of the world in the wake of the Foundation's discovery that several hundred thousand dollars may have been diverted illegally. To prevent any further diversions while the investigation is ongoing, the Foundation has ceased all relevant financial transactions and secured all assets.