Where do its millions go? Less to ads and grants, more to aggressive investments, big salaries … and the CEO’s house. The American Legacy Foundation is a rare example of a public charity being born with a silver spoon. Even before it began operating in 1999, the foundation was bequeathed more than $1 billion from the settlement of a massive lawsuit brought by the attorneys general of 46 states against the country’s major tobacco companies ... Jump to full article >>