Posts Tagged David Abbott
Gund Grant to Cleveland Schools… Such an Irony
Posted by Roldo Bartimole in Economic Development, Politicians on February 28th, 2010
February 28, 2010… Think of the irony of it. The Gund Foundation is giving the Cleveland schools $2.5 million of dollars, according to a Page one story today in The Plain Dealer. Isn’t it ironic – or at amusing – or a dime on a dollar – that the Gund family took MANY millions FROM the city’s schools.
The Gunds were big property tax evaders.
Yes, it is a good move for the Gund Foundation to give $2.5 million with a promise of more. We should applaud for it. But let’s not get teary eyed.
It is so much as how the world works.
The rich get richer and they bequeath tax-free pennies from those they took.
The Gunds – George and Gordon – of course, once owned the Cleveland Cavaliers. Our sales (sin) taxes built the arena for them. They took us for plenty of dough.
They also benefited from an arena free of property taxes – millions of dollars each year. Most of it, ironically, from the schools. Cleveland schools that is. A peak at how millions are lost:
http://www.clevelandleader.com/node/11689
The Gunds bought the Cavs from Ted Stepien before the 1983-83 season for some $20 million. The brothers sold the team for $375 million in 2005. Nice profit. After, of course, we provided them with a new arena. And parking. And a couple of free loges. Nice deal if you can get it. And if you have the dough you can.
Ironically, David Abbott in the early 1990s was Cuyahoga County chief administrator. Gateway was launched in May 1990. Abbott, who left in 1993, was a Tim Hagan man. Tim, of course, promoted Gateway. He was chief lobbyist, along with Mike White, in obtaining a full tax exemption for the arena building. It will never pay property taxes.
Abbott today has his picture on the PD front page as Gund Foundation executive director ($300,000 a year). He has certainly become a favorite person of the Pee Dee, where (maybe another irony) he once was a reporter.
And not to be paranoid or anything, Abbott also was an original board member of the Gateway Economic Development Corp. Gateway was very, very good to the Gunds. Gateway board members sort of ignored big overruns on the Gund arena. No good deed goes unrewarded in this game.
Abbott is a past director of University Circle, Inc. UCI is pressing hard for the Opportunity Corridor $375-million road to UC. Of course, the Gund Foundation gave the road project pushers $100,000 to start.
Money goes round and round. Some sometimes trickles down to where it is needed.
‘Collaboration’… The Aim, Not Result
Posted by Roldo Bartimole in Economic Development, Media on February 2nd, 2010
February 2, 2010… Let me get this straight. The Cleveland Foundation is now the target of The Plain Dealer? You got to be kidding me.
The Sunday assault on the Cleveland Foundation decision to not give the Fund for Our Economic Future much new money suggests to me that the PD’s leadership doesn’t quite know what it is doing. In a front-page article and some blunderbuss from Brent Larkin, the PD slammed an institution that it has never had a bad word for in the past.
Ease into it, why don’t ya.
The “past” is the past at the PD these days and sometimes now that’s very good. Not always, however. Sometimes it gets overplayed. The paper is jumping on things. And jumping pretty hard.
The PD leadership – Terry Egger and Susan Goldberg – don’t know the community. And apparently they’re not eager to. They seemed to take a leap on this one, suggesting they are listening to voices and have taken sides. So, let her rip. Even if it may not be clear.
News, schmooze, we’ll tell you what to believe.
The new aggressiveness of the PD overall is welcomed. But some selectivity is in order. At times it seems the paper is just looking for a fight. Grrrr.
Now, if there has been a more critical voice about the Cleveland Foundation through the years, I guess I have to own up to it.
But I get the feeling that some new guys who think so highly of themselves – Brad Whitehead and the gang – have it in mind to be our new True Leaders – Entrepreneurs, Inc. They know what’s best. Fell in love with technology.
They maybe don’t think that helping Cleveland or Cuyahoga County counts for much anymore. Maybe they believe the core here really is dead. And not worth the opportunity to even lend a small helping hand.
I’m a bit surprised at the stridency of Dave Abbott of the Gund Foundation. He’s also chairman of the Fund. First, I always thought Abbott was a Cleveland city proper supporter. Abbott, in my experience, could never get much excited where it counted. He was a Tim Hagan man as Cuyahoga County administrator before he went truly corporate. As an original board member of Gateway there was nary a bad word about that abysmal operation. He was quiet as a mouse as the debt mounted.
Now, he’s roaring. “Silly and absurd” are knifing words. That’s how he described reaction to a column written for the PD supporting “collaboration” – the theme word of the Fund. It ran as an op/ed in the PD.
Ronn Richard, boss of the Cleveland Foundation, apparently is touchy that his institution has given millions of dollars to the Fund but has one vote – same as entities that gave $100,000. That’s what he offers to give each year now. But he did know the rules when he entered the deal.
The PD’s bomb hardly fit the “collaborative” theme everyone seems to think keen.
The publicity may have widened the gap between Richard of the Cleveland Foundation and Abbott of the smaller Gund Foundation. Usually, the two foundations are as collaborative in funding as two entities could get.
Maybe having the dirty linen hanging out is good but obviously it can be disruptive. A commodity overstocked here.
Back to your corners, guys.