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Luat Tran Van's Articles in Ethics
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Ethics In Business
Summary
Charitable donations from R. Everett Buchanan have become tainted due to a price fixing scheme that involved two auction houses, Van Klyder’s (Buchanan’s company) and Ferguson’s. Buchanan was convicted of the charges and now numerous sources have arisen to defend and condemn him, his associates and any charitable organizations that continue to accept monies from Buchanan. The Foundation for Arts, Culture and Entertainment (FACE) is one of two organizations in the area that help disadvantaged children. 20% of their operating budget is linked to Buchanan and they need to decide what to do. The choices are: continue to accept the money as is, continue accepting the money with conditions or stop accepting the money. The board feels they cannot make an informed decision because of their closeness to the situation and players involved. Our group has been hired to make a recommendation and they have agreed to accept whatever we decide.
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