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To: paudio
One such dodge is the use of donor-advised funds, which allow individuals to give large monetary gifts to a public foundation with the stipulation that they will advise the foundation on how to make grants. Everson, the IRS commissioner, said at a Senate hearing that some donors had in turn billed the foundations for "fact-finding" trips to inform their decisions. For example, he said, one donor took his family on a trip to snorkel in the Cayman Islands in order to decide whether to donate money to coral reef preservation efforts there.

There are a lot of rich crooks in the world.

5 posted on 01/10/2007 11:39:39 AM PST by CharlesWayneCT
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To: CharlesWayneCT
There are a lot of rich crooks in the world.

And they're not all in government either :-)

6 posted on 01/10/2007 11:41:27 AM PST by ikka
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