Disclosure Statement of the Special Committee of the Board of Directors of Piper’s Angels Foundation, Inc.

To the Piper’s Angels family and currently registered participants in the Crossing For Cystic Fibrosis 2020,

Recently, the Executive Director and Director of Operations for Piper’s Angels Foundation, Inc. became aware of potential internal financial misconduct by someone associated with the organization. A Special Committee of the PAF Board of Directors retained outside legal counsel and an independent private investigator to conduct a thorough internal investigation and to make recommendations to the Board. While the internal investigation is still on-going, ensuring a full and complete discovery, we have regrettably confirmed that financial misconduct did in fact take place by one of the foundation’s board members. Since confirmation, steps towards corrective action have already begun taking place, with additional changes going into the new year. As we continue to finalize the investigation and the foundation’s response, we will be unable to make specific statements before the matter is concluded and best path forward is determined.

Please know, we are proceeding with all possible diligence and a commitment to transparency in this matter. All of us are extremely disappointed in the inappropriate actions that have placed the foundation and our mission in such a regrettable position. Piper’s Angel’s Foundation values every member of the community and recognizes the trust that is shared with our entire organization. Our commitment to maintain that trust and operate with the highest levels of disclosure and openness will continue to be our course and mission.

If you have questions or specific concerns regarding your support, please contact us so we may speak with you directly. We want to ensure that every person supporting Piper’s Angels does so with the highest level of knowledge and confidence in our programs and mission.


Special Committee of the Board of Directors

Piper’s Angels Foundation, Inc.

& Travis Suit, Executive Director - 561-246-0205