Fiesta Bowl tells IRS it plans contribution audit

The Fiesta Bowl has told the Internal Revenue Service it is

reviewing political campaign contributions and whether key bowl

officials received excessive benefits.

The Arizona Republic reports the disclosures appear in the

bowl’s 2009-2010 federal tax returns filed with the IRS.

The documents also show the organization’s top two executives

received substantial raises.

The bowl is operated by four non-profit organizations and is

required under federal law to publicly release its tax returns.

The Republic says the Fiesta Bowl would not disclose who may

have received the excessive benefits as defined by federal tax

laws.

The bowl recently placed president John Junker on paid

administrative leave while an independent internal investigation

examines allegations he was involved in improper political campaign

contributions and questionable expense reimbursements.

Information from: The Arizona Republic,

http://www.azcentral.com