Broad Street Market board trusted with $350k grant following ex-director's financial woes

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Eric Hagarty,Grant,Financial

Another donation is going to the Broad Street Market – a $350,000 grant for operating expenses.However, after the former executive director was charged with tak

However, after the former executive director was charged with taking thousands from the market – there are worries about where this grant is going.

Eric Hagarty says the board discovered financial irregularities after trying to find room for budget cuts. "We have a new partner bank, Members First Federal Credit Union-- who we have been talking with for months about the situation and how to address it, we have new dual signatory requirements for expenses-- we are posting every bank account transaction publicly," said Hagarty.

 

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