In filing its 2015 IRS Form 990 (filed in 2016 while under investigation by the New York State attorney general's office), the foundation appeared to[clarification needed] admit that it had, in previous years, engaged in self-dealing and illegal transfers of funds to "disqualified persons".[132]
Dissolution of foundation
On December 18, 2018, Underwood announced that the foundation had agreed to shut down under court supervision and distribute its remaining assets to court-approved charities, although the attorney general's office would continue its investigations of and legal actions against the foundation and its directors.[15]
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