Conflicts of Interest At The Barnes

In a report withheld for three years, an audit of the troubled Barnes Foundation is deeply critical of the way the foundation was managed. It is particularly critical of former director Richard Glanton. “Under a section titled ‘Conflicts of Interest,’ the audit outlined a series of Barnes transactions that it said Mr. Glanton engaged in with outside business partners, without informing the foundation’s board. It said he ran up more than $225,000 in travel and entertainment expenses; tried to barter the foundation’s banking business for support on the board; and let two women live in Barnes properties under unusual circumstances.”