Following the Money

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Following the Tobacco Money

Most people have seen the highly produced anti-teen-smoking tobacco ads paid for by the American Legacy Foundation, the entity funded by the major tobacco companies to settle 46 state lawsuits. But aside from funding ads and doling out smoking prevention and cessation grants, what else is Legacy spending its multimillion-dollar endowment dividends on? Youth Today delved into the public charity’s incomes, investments and expenditures and found that the foundation has devoted larger percentages of . . .

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