The designation of nonprofit entities as tax free organizations had a purpose when a Protestant denomination or a Catholic monastic order funded hospitals or when a wealthy person established a foundation to provide an endowment for his alma mater. However, we are now dealing with leftist billionaires and third generation descendants of the Robber Barons funding the subversion of America. It is time to abolish the tax free status of nonprofits forever. Such abolition will hurt legitimate charities, but it will slow down the pace of political and cultural destruction.
Nothing these foundations do is as important as the education of America’s young people.
The foundations should be wound up by taxation and the revenues used to assist student loan repayment.
There are operating charities such as universities, museums, animal shelters, food banks, orchestras, etc.
Organizations that mainly give grants to entities should be wound up. Within one year after enactment, foundation assets go to American operating charities or to the IRS.
You can also rest assured that states like California, Illinois, and New York are finding ways of sending funds to these organizations
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Speaking of California Controller,,, apparently they don’t even know what their job per California constitution is much less do it while turning a blind eye to it and facilitating the financial shenanigans, like the train to nowhere and the money given to ngo’s, according to this interesting vid.
californiaglobe.com › fl › okeefe-undercover-expose-california-controller-official-admits-audits-not-getting-done-confirms-fraud-is-rampant
O’Keefe Undercover Exposé: California Controller Official Admits Audits ‘Not Getting Done,’ Confirms Fraud Is Rampant
– California Globe
https://www.youtube.com/watch?v=Rnae0FtMMMc
California Controller’s Top Communications Official Admits Audits “Are Not Getting Done” & Acknowledges “100 Percent” Fraud Exists in the State
https://twitter.com/i/status/2041651752659759352
Run time 14 m
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Eight state legislators wrote the Controller asking where the audits are. The teachers union sued over $6 billion. A congressman wrote Karen Bass about $1 billion in homelessness money and she wrote back to say she wasn’t available....
Run time 1h 54m
The state controller of California is a constitutional office in the executive branch of the government of the U.S. state of California.
Audits public funds spent by state agencies. The state controller is the internal auditor for the state of California and its agencies, examining the internal controls of state agencies.
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