A prominent diversity, equity, and inclusion nonprofit declared bankruptcy this month after its board accused its founder and top employees of stealing millions of dollars, a Daily Wire investigation found. Bill Clinton and Oprah Winfrey are set to keynote a conference run by the alleged thief, apparently through his for-profit firm, next month.
The National Diversity Council filed for bankruptcy on March 17 after its board said in a lawsuit that its founder R. Dennis Kennedy “improperly paid himself millions of dollars from NDC’s donor funds.” The suit said Kennedy “paid himself a grossly excessive salary” while using the nonprofit as a front for his for-profit diversity consulting business called Diversity & Leadership Inc (D&L).
The group’s 2020 IRS disclosure said Kennedy was paid $450,000 for 10 hours of work per week. In 2022, at the height of corporations’ DEI…