This week we have Texas and the group in discussion is Mothers Against Drunk Driving. Some questions we have for this organization are:
Why did you take out a two PPP loan for a total of $5.7M when the organization has over $17M net assets?
Why does the organization have a male CEO when it’s MOTHERS Against Drunk Driving?
What is included in “other” expenses, found in line 11g, that is totaling $1.5M?
Why aren't any of the publicly traded investments totaling $13M being used?
Why is over $21M being used in lobbying?
We reached out to the Mothers Against Drunk Driving in order to ask them about these alarming points we came across but they never responded for a comment.
In conclusion, the Mothers Against Drunk Driving should give the money back just like Fortune 500 companies did, but with a twist. Half going back to the government and the other half going back to Building Blocks for Kids. JP Morgan Chase can give back any revenue made (penalty should double that amount) for creating this loan. Not sure what the government will do with their half, yet BBFK knows exactly what we will do with our portion.
Building Blocks for Kids would get a total amount of $2,850,000. Here is how that breakdown of that money will look like:
$2,850,000 for 95 classrooms in Texas
Helping 95 teachers, over 2,600 students with financial literacy and career discovery education for a full year. To learn more about the BBFK: MORE Program visit: https://bbfkids.org/
Mothers Against Drunk Driving #doBetter and with this amount we can do #MOREtogether to truly help the youth in Texas!! If you believe in our program for high school and college students you can help out by donating at https://bbfkids.org/donate