Ways & Means Seeks Public Input on Tax-Exempt Organizations: Potential Violations of Rules on Political Activities, Inappropriate Use of Charitable Funds, & Rise in Foreign Sources of Funding

Letter

Date: Aug. 14, 2023
Location: WASHINGTON, D.C.
Issues: Taxes

"Public reporting has raised questions about whether tax-exempt sectors are operating in a manner consistent with the laws and regulations that govern such organizations and whether foreign funds are flowing through these organizations to influence American politics. For example, the Committee has learned that a Super Political Action Committee (PAC) recommended donations to 501(c)(3) organizations as "the single most effective tactic for ensuring Democratic victories' and that large donations from a wealthy donor to state election offices in 2020 may have been done in a manner that helps one political party over another. Additionally, the Committee has also found that significant amounts of foreign money is flowing through 501(c)(3) and 501(c)(4) organizations to influence elections."


Source
arrow_upward