Nearly ten years after he was arrested, it looks to be the final chapter for Jerry Sandusky’s Second Mile Foundation.
A new court filing is asking that the foundation’s remaining funds be transferred to Penn State.
That’s according to a recent filing made by state Attorney General Josh Shapiro in Centre County Orphans’ court.
After Sandusky was arrested and then convicted on 45 child sexual abuse charges, the Second Mile organization, that he founded, was essentially done.
Before Sandusky’s arrest, the foundation had close to $9 million worth of assists.
But when a judge approved the organization being dissolved in 2016, the foundation’s bank account was down to about $750,000.
Penn State filed a claim to the money, saying it was entitled to it due to the $92 million the university paid in settlements to Sandusky victims.
Thursday, that number is closer to $120 million.
No other claims to the Second Mile Funds were filed, and the money was held in escrow, overseen by the Attorney General’s Office — until now.
The commonwealth has accepted the university claim, and the attorney general is asking for court approval to transfer just over $738,000 to Penn State.