Why is it so difficult to understand that Freedom Alliance is raising money to send children of fallen soldiers to college (among other things) and most of these children are very young right now, so it’s perfectly reasonable that most of the money they raise is going into a fund and not being spent. They will spend it later when the kids reach college age.
It’s so easy to pull a few numbers off a tax return and cry foul just as it’s so easy to take a soundbite out of context. If you want to bash Hannity over this you should provide some better evidence.
If the money for scholarships was being placed in a trust fund until a later date, wouldn’t that be mentioned somewhere on the tax documents? To have non-profit status, you have to show that your expenses match your revenue. You can’t just take a few million and keep it under a mattress for later without accounting for it.
It also shows the scholarship amounts. The average amount seem to be about $3000. 10 million a year will buy a thousands of such scholarships, and there seem to be about 70 of them. And that’s just for one year. One assumes they pull in 10 million EVERY year.
In my later posts I acknowledge being educated by freepers. This is obscure stuff to most of us...but the tax records appeared to be damning. Now I know that they’re not...