
Ethics Letter to City Hall 92325_compressed
City of Cincinnati Budget Book Update Approved FY25 Leveraged Support
I sent a letter to the mayor and city hall today with a concern about a conflict of interest created by the Mayor’s membership on the Board of Directors of Cintrifuse.
During Mayor Pureval’s term, Cintrifuse has received more than $1 million from the city .
When I first saw the “Leveraged Support” table in the city’s budget, alarms went off, asking myself, “How can the city possibly oversee all of those Leveraged Support and Program Support recipients (54) and assure themselves that the millions of dollars in public funds are being properly spent?” Since that time, I found that there are even more nonprofit organizations receiving city funding – nearly 200, as a result of the Green Cincinnati Plan (71) and Act for Cincy (64).
When I looked at the list of leveraged support recipients, two organizations stood out. One was Cintrifuse, a 501c3 nonprofit that helps start-ups and entrepreneurs. The other is CincyTech, a 501c4 non-profit, which is actually a venture capitalist. It seemed unusual for those particular nonprofits to be receiving substantial funds from the city.
So, that is where I started. As a 501c3 nonprofit, Cintrifuse files public financial reports with the IRS. As a 501c4, CincyTech’s IRS filings are not public.
I visited Cintrifuse and examined the documents that 501c3 organizations are required to make public upon request.
That is when I found that Mayor Pureval was a member of the Cintrifuse Board of Directors. The most recent IRS filing available at Cintrifuse at the time was for 2023, so I sent a letter to Cintrifuse on September 3rd and received confirmation that the mayor remains a member of the Board.
My letter to the mayor and city council suggests corrective action that the city council and mayor could take to remedy the situation.