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Want to know why you should control the “Foundation”?

Want to know why you should control the “Foundation”?

Want to know why you should control the “Foundation”?

The U.S. Court of Appeals for the District of Columbia has recently affirmed a District Court decision cutting the Military Order of the Purple Heart off from its fundraising foundation and the use of the trademarked term “Purple Heart” in its fundraising activities. Although the opinion does not explain the governance relationship between the Order and the Military Order of the Purple Heart Service Foundation, it appears that the two organizations are legally separate and that the Order does not control the Foundation. The Order provides charitable services to veterans. The Foundation has long funded its operations. The Foundation owns a third entity, Military Order of the Purple Heart...

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