While Mr. Bolton was principal of Ryerson Community School, his charity received the following donations that were intended for use by the school, according to documents obtained by The Globe.
Instead of having these funds go directly to the TDSB or Ryerson, they were directed to Mr. Bolton’s charity, Friends of Community Schools, which handled the money. The charity used $20,500 of the Atkinson grant to fund other community organizations instead of Ryerson, which was the intended recipient of the grant, according to documents.
Mr. Bolton’s charity deducted a 5-per-cent administrative fee from the donations, according to the report. The report says these costs would not have been charged and more money would have been available to Ryerson if the funds had initially gone to the TDSB. The TDSB became a registered charity in January, 1998, and it does not charge a management fee.
Mr. Bolton used his charity to procure a bus, which was then used by teachers at a fee lower than what TDSB would charge. The bus, which had mechanical problems, was owned by 1247550 Ontario Limited, which was controlled by Mr. Bolton.
The never-written book
The letter to Mr. Bolton from Keel Cottrell says Ryerson “has nothing to show” for $8,000 of the Atkinson proceeds. The funding was for a book commemorating the school's 125th anniversary. But the book was never written and the money, intended for disadvantaged students, was never recovered, the documents show.
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