To the Editor:
There have been several media reports concerning a lawsuit between members of the Pulte family and a foundation affiliated with schools in Detroit, Cornerstone Schools, wherein my grandfather, William J. "Bill" Pulte (whom I'm named after) decided to leave at least $8.7 million…
The estate of William Pulte has won an appeal reversing a lower court order to pay Detroit-based New Common School Foundation millions of dollars pledged by the late homebuilder while he was alive.But the court battle between the two sides isn't over. New Common School Foundation said it plans to…
The estate of William Pulte has won an appeal reversing a lower court order to pay Detroit-based New Common School Foundation millions of dollars pledged by the late homebuilder while he was alive.But the court battle between the two sides isn't over. New Common School Foundation said it plans to…
Pulte estate, Cornerstone foundation battle over millions amid allegations of excessive CEO pay, improper transactions
Heirs now trying to undo settlement agreement
Concerns raised about excessive compensation, allegations of self-dealing, lack of transparency
Mark Pulte (right) has staged a legal battle to withdraw some of his late father s pledges to the New Common Schools Foundation over what the estate says are excessive pay and questionable financial moves by Cornerstone Schools co-founder W. Clark Durant (left).
A battle is playing out in a Florida court between the family of a longtime Detroit businessman and a local nonprofit, with millions of dollars in philanthropic commitments at stake.
Cornerstone founder Clark Durant accused of self-dealing by charter schools biggest private funder
The Pulte trust calls on AG Nessel to investigate Durant and the New Common School Foundation, a non-profit created to raise funds for the schools
Posted: 6:30 PM, Dec 11, 2020
Updated: 2020-12-15 10:21:41-05
A fissure has erupted between Clark Durant, the founder of the Cornerstone charter schools in the city of Detroit, and the networkâs biggest funder: The Pulte family.
A fissure has erupted between Clark Durant, the founder of Detroitâs Cornerstone charter schools, and the executors of the trust and estate of the schoolsâ largest funder: the late Bill Pulte Sr.