NEW YORK —A direct-mail fundraising company that sent solicitations on behalf of a disabled-veterans charity but took in most of the money raised will pay $9.7 million in damages and the charity will reorganize its board and reform its practices as part of a $24.6 million settlement, the state attorney general’s office said.

Attorney General Eric Schneiderman was expected to discuss the agreement among his office, the Disabled Veterans National Foundation charity, the Quadriga Art direct-mail company and another company, Convergence Direct Marketing, on Tuesday.

Besides the damages, the settlement calls for Quadriga to forgive $13.8 million still owed to it by the charity and pay $800,000 to the state for costs and fees. Convergence, which Schneiderman’s office said played a role in the fundraising, will pay $300,000 in damages. The $10 million in damages from the two direct-mail vendors is slated to go to efforts to help disabled veterans including spinal cord research.

Quadriga and Convergence designed direct-mail fundraising appeals for the charity, which was founded in late 2007, and raised more than $116 million, Schneiderman’s office said. The mailings included material that was false or misleading, such as stories about veterans the charity hadn’t helped, the office said.

The direct-mail vendors had an agreement with the Washington, D.C.-based charity in which the vendors assumed the cost of the donation campaigns and were paid by the money that came in.

Schneiderman’s investigation found that the charity’s board had little experience with direct-mail fundraising and performed very little oversight of Quadriga’s and Convergence’s operations.

Schneiderman said the investigation showcased “some of the most troublesome features” of direct-mail fundraising.