The trust reported having $2,900 on hand at the end of 2005 after receiving $34,000 from Emanuel and donating more than $31,000..
During the past three years, Emanuel's charity gave nearly $25,000 to the Anshe Emet synagogue and school in Chicago, and $15,000 to the foundation run by former president Bill Clinton. It also gave $14,000 to Marwen, a Chicago charity that provides art classes and other educational help to low-income children. Rule is on Marwen's board.
How convenient. You take leftover campaign donations, etc. and set up your own charitable foundation so you can have your cake and eat it too. They get the tax deduction and probably receive some sort of administrative fee to manage it. And they can use it to promote themselves politically.
"How convenient. You take leftover campaign donations, etc. and set up your own charitable foundation so you can have your cake and eat it too. They get the tax deduction and probably receive some sort of administrative fee to manage it. And they can use it to promote themselves politically."
If we knew how the elite limo rats milk their so called non profits, we might not be able to sleep at night.
Rat math, give away $54,000, put in $31,000 and have $2,900 left over.