The CEO of the Jewish National Fund will immediately repay a $525,000 loan he received from the charity.
The office of New York state Attorney General Eric Schneiderman sent a letter to JNF last week calling on the organization to recover the loans made to Russell Robinson and its chief financial officer, Mitchel Rosenzweig, by the end of the calendar year.
The letter follows a July 27 story in the Forward about the loans, made in the 2015 fiscal year, which violate a state law barring charities from lending money to their officers.
JNF spokesman Adam Brill tells New York Jewish Life over the weekend that Robinson would repay the loan by Aug. 1, “to make sure there is no sense of impropriety.” Brill also notes that since Robinson and Rosenzweig are executives, not officers or directors, which are limited to board members, the group believed they were entitled to receive the loans.
— JTA
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