A New York Times investigation into the Congressional Black Caucus raises questions about its fund raising strategies and whether they help students, as claimed. Strict limits apply to corporate donations to the caucus, but the Times reported that the organization raises many millions in corporate dollars through its nonprofit affiliates that publicly exist to support scholarships and internships for students. But according to records obtained by the newspaper, very little money goes to scholarships. In 2008, the newspaper said, the Congressional Black Caucus Foundation spent nearly $700,000 on catering for one event, more than it gave out in scholarships.
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