Dave Rice 12:30 p.m., Oct. 8
U-T San Diego Publisher Manchester's Charity Cash Strays from San Diego
U-T San Diego publisher Doug Manchester has long been famous for his well-advertised gifts to charity, and has many buildings and other assorted improvements named in his honor to show for it, though recent recession years have apparently taken their toll on the hotel mogul's munificence.
As we first reported last November, from April 2009 through March 2010, the Manchester Family Life Foundation, a tax-exempt arm of the real estate magnate's financial empire, collected more than $1 million in contributions from Manchester and his friends, but held onto most of the cash and didn't give any of it to charity.
Now the foundation's latest filing with the U.S. Internal Revenue Service, submitted February 21 of this year, reveals that the multi-millionaire U-T owner has loosened up a bit on the purse strings.
But just a little, and only a portion of the cash ended up in San Diego.
During the annual period ending in March of last year, the document shows, Manchester's foundation handed out a total of $425,000 in gifts, grants, and contributions.
$100,000 went to Wake Forest University in Winston-Salem, North Carolina, where Manchester's son Douglas W. Manchester went to school.
United Way in Alexandria, Virginia got $300,000.
The only strictly local charity to benefit was the University of San Diego, the private Catholic university with many ties to the downtown establishment and big money real estate developers that has been one of Manchester's perennial funding favorites.
Even so, the school got only $25,000 during the 12-month period.
Manchester's foundation received just $13,400 in contributions, the source of which was undisclosed, and ended the year with $872,736 in total assets.
That was down from $1,399,713 at the beginning of the period.
Manchester is listed on the filing as the non-profit's president and chairman.
His corporate second-in-command, Richard V. Gibbons, is listed as chief financial officer.
Reached by phone this morning at his office in Manchester's Grand Del Mar resort complex, Gibbons said he wasn't familiar enough with the filing to comment about it and asked that a copy be emailed to him.
We'll update here when he gets back to us.
More like this:
- Manchester's immodest Burnham buildup — Sept. 29, 2014
- U-T Manchester's foundation gives out of town — May 9, 2013
- New filing shows U-T's Manchester personally backed Carl DeMaio and GOP to tune of $283,900 — Jan. 27, 2013
- Copley foundation's steep fall from grace — Nov. 24, 2012
- Manchester Charity Gets More Than $1 Million, Makes No Grants — Nov. 28, 2011