It should be amusing, but isn't. The liberal media and the social media are pretending that they've just found out foundations use "other people's money." It was a big story in Washington Post today.
Of course. That's the whole point of those laws. I could find a cause, like a school or clinic in Haiti, set up a 501c3 with my "wealth," and ask you to contribute. You get a tax break, after IRS approval, and I get to shelter my wealth for my family legacy.
Then my 501c3, which can't be for a political cause, could set up a 501c4 to support my ideological views. All these laws were set up by our government to protect the wealthy, especially the wealthy in government, and to buy influence. Some do a lot of good; others just launder money for return to their party. Planned Parenthood which kills the unborn (for a good cause--population control of poor and black) gets money from private donors, other foundations, and from the government, then in return, it supports those candidate, mostly Democrats, who support legal abortion. The Gates Foundation has many good projects (better to give it away than pay the government outrageous taxes), but "population control" has been one of the requirements for accepting the help in Africa. Controlling black populations, regardless of country, seems to be a liberal cause.
Of course. That's the whole point of those laws. I could find a cause, like a school or clinic in Haiti, set up a 501c3 with my "wealth," and ask you to contribute. You get a tax break, after IRS approval, and I get to shelter my wealth for my family legacy.
Then my 501c3, which can't be for a political cause, could set up a 501c4 to support my ideological views. All these laws were set up by our government to protect the wealthy, especially the wealthy in government, and to buy influence. Some do a lot of good; others just launder money for return to their party. Planned Parenthood which kills the unborn (for a good cause--population control of poor and black) gets money from private donors, other foundations, and from the government, then in return, it supports those candidate, mostly Democrats, who support legal abortion. The Gates Foundation has many good projects (better to give it away than pay the government outrageous taxes), but "population control" has been one of the requirements for accepting the help in Africa. Controlling black populations, regardless of country, seems to be a liberal cause.
However, the Clintons have something to sell; Donald Trump doesn't. Did Washington Post, which is currently investigating Trump's foundation, investigate Obama's brother Malik's foundation which had no problem getting 501c3 status from the IRS while conservative groups waited years, his "charity" seems to be funding his wives--he's a Muslim polygamist like his father.
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