Posted on 07/26/2009 7:00:16 AM PDT by soakncider
Henry Louis Gates, Jr controls a tax-exempt, non-profit charity, Inkwell Foundation, Inc, that managed to raise hundreds of thousands of dollars in direct support in one year, yet only gave out $27,500 in grants, the bulk of which went to Gates' employees and Harvard colleagues. Also, as recently as September 2008, the Boston Globe reported that Gates' charity was not in compliance with the law for failing to register the proper paperwork, despite the charity existing since 2005. The charge at the time was that it was "bogus," as you'll see below. In fact, the state Attorney General's office told the Globe the charity was likely either inactive, or dissolved. Yet, documents below show the charity is healthy, wealthy and active.
Is it possible that Henry Louis Gates, Jr. was acting strange when law enforcement showed up at his door because he didn't want the story below to come out? It may take a tax lawyer to answer that question, but based on this research, it can't be ruled out. We know the press has questioned Gates about the charity in the past and gotten no response.
Acting on a tip and with an item at Instapundit in mind (much more at this link), I was curious when Joseph Culligan of Web of Deception emailed with a tip as to the home's ownership. It seems Harvard does own the home in which Gates lives. But it's also the address for his charity, see below.
Third, Harvard sent someone from the University maintenance department over to secure Gates’ house and/or fix the broken lock on his front door. How many people have an employer who’ll send maintenance staff over to fix up or watch over their house?
Scroll all the way to the bottom...
(Excerpt) Read more at riehlworldview.com ...
Gates is wearing the same shirt on the trike as he was when he was so unfairly and unfortunately arrested. Could be a bad luck shirt..
You know I am so sick of this pathetic idiot who assumed the POTUS. He has done nothing but bring down the morals & ethics that the WH & presidency is supposed to represent & uphold. He is a closet racist with nothing but hatred for this country. He has brought down the “greatness” that Washington DC is depicted as all over the world...now he is turning the WH into a tavern?
Since he has no clue how to conduct himself presidentially, he has once again shot himself in the foot. By his own doing, he got one of his corrupt buddies under the microscope for possible corruption...notwithstanding the fact that Gates also seems to be a racist.
You know what Zero? If I were you, I’d save that beer to share with the hobos on the street when WE THE PEOPLE are finally vindicated & your butt is thrown out of that WH!
Here is a little tidbit to start your week.
Deathcare, population control, euthanasia, Nazis. The government of this country could not be more sinister or evil if it was run by Lucifer himself (er, hmmm...). Never will I be its subject.
Good Lord! This looks like some horrid wall straight out of Hell.
The IRS has asserted that tax-exempt " charities" are the locus classicus for tax evasion money laundering, and IRS fraud. Investigators may be looking at the legal parameters of prosecutable crimes including making false statements to state and federal officials, filing falsified documents, obstruction of proceedings before state and federal agencies, fiduciary negligence, and obstruction of US justice.
The N/P charity might facilitate IRS fraud by integrating:
1. Taking secret control over N/P fund-raising committees.
2. Requiring only one signature on tax-exempt N/P bank checks.
3. Utilizing pre-signed tax-exempt bank checks.
4. Using secret bank accounts to keep secret the actual financial position of tax-exempt N/P charity.
5. Assigning bank deposit and account reconciliation functions of tax-exempts to one person.
6. Conspiring to hide oversight of expenses and supporting vouchers from public view.
7. Having no outside auditor to review tax-exempt N/P charity statements.
8. Cashing unusually large amounts of tax-exempt checks.
9. Having no official tax-exempt deposit and withdrawal control system.
Authorities should investigate Gates' US Postal Service mailings, wire transfers, computer transfers, electronic submissions, and unregulated money transfers, and all bank transfers connected to secret tax-exempt non-profits’ bank accounts.
Fraudulent tax-exempt non-profit activities might have involved using checks passed from one account to another in multiple conspiracies to launder monies.
Authorities need to determine the extent to which donors to Gates colluded in schemes that may have included misusing reserve bank accounts, concealing transfers, inflating asset values and improperly accounting for transactions.
A formal inquiry should be conducted into Gates and his financial activities with officers of publicly-held companies) including (1) Enron-style accounting frauds by manipulating N/P records, (2) bundling contributions into the pockets of politicians, (3) the extent to which networks of companies are financing political candidates in the names of business partners without their knowledge or consent, (4) the extent to which officers of publicly-held companies used accounting fraud to hide illegal campaign contributions, and, (5) the extent to which campaign donations exceeded campaign-finance limits.
Charges might include Gates' accounting managers misappropriating funds to cover personal expenses, fraudulently overcharging for management services, diverting non-profit funds, then converting them to campaign accounts, or in the style of WorldCom greed spending thousands of non-profit dollars on organization credit cards for personal expenses.
A formal inquiry should be undertaken with respect to the Gates relatives, associates, co-conspirators or subsets of them, and donors (particularly officers of publicly-held companies), the business dealings between recipients, employees and elected and appointed officials and the extent to which influence-peddling is taking place, and more specifically the extent to which relatives, associates, and principles of the Gates charity, and his co-conspirators or subsets of them, directed political activities from tax-free non-profit organizations in illegal arrangements.
The BIGGEST FRAUDS are between foundation and foundation .....writing checks to each other (which is the MO for laundering tax-exempt monies). Authorities need to determine the extent to which the Gates charity manipulated philanthropic transactions, such as:
(1) loans, the (2) sale, (3) exchange or (4) leasing of property to related organizations, and donors, and the extent to which organizations reported (5) "excess benefit transactions" on Form 990, and, (6) the extent to which executive pay properly accounted for with the IRS.
The Gates charity needs to reveal the dimension of contributions that may have been illegally redirected to political activity and be requested to explain: (1) how the Gates charity solicits non-profit contributions, (2) how non-profit donations are made, and, (3) the manner in which donors to Gates (particularly officers of publicly-held companies allocated company assets).
Gates should be asked for details about who inside, and outside, his organization is soliciting contributions, how the various subcommittees are funded, and the extent to which the Gates' donors (particularly officers of publicly-held companies) might be are colluding to perhaps finance political campaigns surreptitiously, and are engaging in other illegal transactions.
Another chicago style thug/marxist. I am shocked
PING
Gates, like Wright and so many others of Obama close friends...is a shady, corrupt, hate-filled and angy person.
right!!
But, but, but I thought elites were above the law. Elites are too WONDERFUL to have to follow the same laws as the rest of us. Besides if you look at a black elitist you're not only "stupid" but a racist...
But, but, but I thought elites were above the law. Elites are too WONDERFUL to have to follow the same laws as the rest of us. Besides if you look at a black elitist you're not only "stupid" but a racist...
Elites are too WONDERFUL to have to follow the same laws as the rest of us. Besides if you look at a black elitist you're not only "stupid" but a racist...
Ping
I got the link to this article on the NYT website; sorry for the confusion. Mistake duly noted.
Next thing you’re going to tell me Congress and The One should have the same government enhanced health care being forced on the rest of us.
ping
ThanksI like #46 above
Ping
..Gates’ charity was not in compliance with the law..etc
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Well, what with this news and his recent arrest, Gates is qualified to take over as Education Secretary.
See, it WAS a conspiracy- -they were just making sure he would be able to be confirmed......
Scumbag.
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