David Brock has 7 non-profits, 3 Super PACs, one 527-committee, one LLC, one joint fundraising committee, and one unregistered solicitor crammed into his office in Washington DC. Uncovered records expose a constant flow of money between these organizations. The Bonner Group, his professional solicitor, works off a commission. Every time money gets passed around, Bonner receives a 12.5% cut.
Follow the money : Say, for example, you donate $1,062,857 to Media Matters for America. This is how David Brock would have used your charitable donation in 2014:
1- Media Matters would receive your $1,062,857 donation The Bonner Group would earn a $132,857 commission Media Matters would retain $930,000
2- Next, Media Matters would give whats left of your entire donation, $930,000, to the Franklin Education Forum The Bonner Group would earn a $116,250 commission The Franklin Education Forum would retain $813,750
3- The Franklin Education Forum would then forward the remaining $813,750 to The Franklin Forum The Bonner Group would earn a $101,718 commission The Franklin Forum would retain $712,031
In the end, Brocks solicitor would have pocketed $350,825, almost a third of your initial donation! Thats a far cry from the advertised 12.5% commission.
more at zerohedge.com
Looks kind of like the shell corporations set up by Enron....
Dd Jeff Skilling set up this flow chart?
But NOTHING will happen to ANY of these criminals because Jeff Sessions is a WUSS!
I am in favor of ending all non-profit status. People will still donate to their churches and to real charities. The phony line-their-own-pockets foundations will crumble.
Fox News.
Of course, CNN will have this story at the top of the hour all day long. Right?
"Non-Profits" are the cutting edge of large scale corruption... they fertilize the Swamp...
whole thread