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About Us

Our Mission:

The purpose of The Honor Project Trust is to identify 501 (c) (3) charitable organizations which demonstrate in their application societal impact in the State of Ohio and to distribute Cy Pres funds to those entities selected.

Who We are:

The Honor Project Trust emanates from litigation pursued by the Ohio Attorney General Office (“AGO”) in a case captioned State of Ohio, et al. v. American International Group, Inc., et al., Cuyahoga County Court of Common Pleas, Case No. CV 07 633857. Upon settlement of all claims with the Defendants, excess proceeds termed “disgorged funds” remained. The AGO filed a Notice of disgorged funds with the court and requested  Judge John J. Russo, the Presiding Judge, to acknowledge his right to distribute the funds under the Court’s equitable powers.  The court thereafter ordered that a portion of the disgorged funds be distributed to entities listed within and consistent with the AGO Notice.

Judge John J. Russo  thereafter authorized The Honor Project Cy Pres Initiative.  Pursuant to the Court’s Order, a Trust was created outlining the processes and procedures to implement this endeavor.  A copy of the Judgment Entry ordering distribution of the disgorged funds, the Court Order allowing for the Honor Project Trust, and the Honor Project Trust document are available for your review and further understanding.

Court Judgement Entry – Dated 4-17-12

Court Order for Trust – Dated 7/9/12

Trust Agreement

The Honor Project Trust, through the Settlement Administrator, reports to Judge John J. Russo including recommendations from its Advisory Board for funding of charitable organizations that meet the criteria created by the Court’s Orders.  This process is expected to be implemented during the years 2013-2014

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Special thanks to the Ohio Attorney General’s Office as well as Cuyahoga County Common Pleas Court Judge John J. Russo for making this Cy Pres Initiative to Benefit Ohio a possibility.

The lead attorneys on behalf of the AGO were the Chief of Antitrust Section, Jennifer L. Pratt, and the Principal Attorney, Mitchell L. Gentile.  Specific questions concerning the underlying litigation should be directed to Mitchell L. Gentile at mitchell.gentile@ohioattorneygeneral.gov For additional information, feel free to visit the AGO website address: http://www.ohioattorneygeneral.gov/.  The AGO’s new Live Chat feature on the website is designed to allow Ohioans to get instant feedback from the Office of the Attorney General.

Judge John J. Russo, a nine year jurist with the Cuyahoga County Court of Common Pleas, State of Ohio, presided over the litigation referenced above.  Feel free to access the Court’s docket for this case at http://cpdocket.cp.cuyahogacounty.us/TOS.aspx  , select “Yes”, select “Civil Search by Case”, for Case Category select Civil, for Case Year select 2007, and for Case Number enter 633857, then select “Case Summary”.  All additional questions should be directed to The Honor Project Trust at info@honorproject.org.