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"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.

Obviously, there is a reason why they set up these phony charitable foundations that don't take donations from anyone else. They could just as easily donate directly to the charities rather than funnel them through these organizations. Follow the money.

I want just ONE Republican on Capitol Hill to stand up and act MAD....that "corrections" are NOT GOOD ENOUGH!!

Betcha that doesn't happen.

GRAMPADAVE "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.

The IRS is currently conducting a nationwide investigation into non-profits, amid concerns that 501C's are used to run just about every kind of fraudulent accounting schemes, some observers say. Legal fees, a line item in most non-profit accounting reports, are well-used money laundering schemes that evade US taxes and use fraudulent accounting techniques to violate US banking and SEC laws. Non-profits use several tax dodges. Many nonprofits, and their donors profit through loopholes amid concerns that NPO's juggle the books. One notorious N/P was paying for the director's housing sub rosa using fraudulent accounting methods.

Corrupt Enron executives-Ken Lay, Jeffrey Skilling, Joseph Sutton, Lou Pai, and convicted Chief Financial Officer Andy Fastow - all had so-called “charitable” foundations. And here’s the World Champion of "charities."

CNSNews.com‘s Jeff Johnson reported April 25, 2005 that the Open Society Institute, a private foundation controlled by liberal billionaire and political activist George Soros, received more than $30 million from US government agencies between 1998 and 2003.

Last year, Soros donated at least $20 million---supposedly his own money----to such liberal groups as Moveon.org, in a failed attempt to block the re-election of President George W. Bush. SOURCE http://www.cnsnews.com//ViewSpecialReports.asp?Page=\SpecialReports\archive\200504\SPE20050425a.html

On Jan. 18, 2005, Ken Boehm’s National Legal and Policy Center (NLPC) filed a 41-page complaint against George Soros with the Federal Election Commission. Boehm said at the time that Soros' multi-city, anti-Bush media tour was "possibly the largest off-the-books independent expenditure ever run." "It's especially important that the FEC look at it, because it occurred the month before a very close election in key swing states," Boehm said. "Disclosure is the absolute heart of campaign finance law, and Soros' anti-Bush campaign could have potentially shifted the outcome of the presidential election."

Tax records the Open Society Institute (OSI) is required to file with the IRS list "FEDERAL GOVERNMENT AGENCIES" as "Contributors" of amounts between $4.6 million and $8.9 million over a six year period:
* 1998 - $4,611,617
* 2000 - $4,934,678
* 2001 - $5,869,809
* 2002 - $6,138,125
* 2003 - $8,889,802
The amounts total $30,454,031. Records from 1999 and 2004 were not immediately available.

OSI tax records show contributions of:
* $4.41 million to the American Civil Liberties Union and its state affiliates,
* $500,000 to the Pro-Choice Education Project to launch a (pro-abortion rights) "public education and media strategy,"
* $100,000 to the Death Penalty Information Center, an organization that works against capital punishment,
* $100,000 to Catholics for a Free Choice, a religious group that advocates for abortion rights,
* $100,000 to the Pennsylvania Coalition to Save Lives Now "to support needle exchange programs,"
* $80,000 over three years to the Gay Straight Alliance Network, to promote "a traveling photo documentary exhibit by lesbian, gay, transgender, queer and questioning youth,"
* $45,000 to the Democracy Matters Institute "to bring the campaign finance reform movement to college campuses,"
* $50,000 to the Coalition for an International Criminal Court "to promote education, awareness and acceptance of the International Criminal Court," and
* $35,000 to the Abortion Access Project.