How has the United Way resolved its financial problems from several years ago?
In February, 1992, a Washington Post article outlined lax management and lavish spending by United Way of America President William Aramony. Intense pressure from local United Ways prompted Aramony’s retirement announcement less than two weeks later. Mr. Aramony and several other former United Way of America senior managers have since been convicted of mismanagement and misuse of United Way of America’s funds. A new president, new financial control systems, six new oversight committees and an expansion of the number of representatives of local United Ways at the board and committee level have corrected the problems.
