If the transaction goes forward, will the Attorney General have an ongoing role?
Yes. If the sale takes place, several charitable organizations will survive the transaction. These include three existing charities, including DMC (under a different name), the Dell Harder Foundation, and the Children’s Hospital Foundation, as well as one or more new organizations created to hold and administer charitable gifts. All surviving charities will report to the Attorney General’s Charitable Trust Section annually. Some of the organizations may solicit charitable contributions for education, research and other charitable purposes and will be required to obtain solicitation licenses. The Attorney General may review the operations and activities of the DMC charities at any time.
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