May 25 (Bloomberg) -- Second Mile, the charity for needy children founded by former Penn State University assistant football coach and accused pedophile Jerry Sandusky, said it will shut down.
The charity asked for court approval to close and transfer its assets to Arrow Child & Family Ministries, a Houston-based nonprofit group, interim Chief Executive David Woodle said today in a statement. Woodle cited a lack of donor support as one reason for the move.
“The Second Mile has made a positive difference in many people’s lives and we are very pleased that Arrow will continue this good work,” Woodle said in the statement.
Sandusky, 68, formed the charity in 1977. He is charged with more than 50 criminal counts tied to alleged abuse of boys he met through charity events.
A grand-jury report, released when the charges were announced in November, said foundation officials became aware of contact between Sandusky and boys as early as 1998 yet kept the former coach on staff while assets more than tripled from 2002 through 2009. Sandusky retired from the foundation in 2010.
Jack Raykovitz, who headed the charity for 28 years, resigned in November along with several board members amid an uproar over the organization’s response to the allegations against Sandusky.
Second Mile will remain a legal entity after the transfer of assets and programs and will continue to cooperate with any investigations tied to Sandusky, according to the statement.
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