Business and Economy
Thu March 21, 2013
OKC Community Foundation Releases BKD Report
OKLAHOMA CITY - The Oklahoma City Community Foundation today released a report addressing Oklahoma City Disaster Relief Fund. The forensic investigation report was conducted by BKD Accounting Firm in response to questions and allegations about the administration of the fund, which was established following the Murrah Federal Building bombing in 1995.
In a news release, Foundation Board Chairman Steven Davis says the goal of the disaster fund is to assisst "families, individuals, and the community" in the aftermath of the bombing. Allegations had surfaced in prior months claiming a lack of payment to survivors of the bombing. However, the BKD reports says nothing in the governing documents indicates the fund was meant to be compensation SHARED among the survivors. It goes on to say some of those who indicated they had been denied assistance have received thousands of dollars in financial assistance from other agencies since 1995, and that the overwhelming majority of requests for assistance were approved. Full news release: http://www.occf.org/bkdreport
Full BKD report: http://www.occf.org/documents/OklahomaCityDisasterReliefFdreportissued3-20-13.pdf