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
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,