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Move allows them to avoid disclosures associated with non-profit organizations
Hayden Ludwig • January 12, 2021 5:00 am
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Liberal billionaire donors are exploiting a new way of funneling millions of dollars to left-wing political groups.
In 2015, Facebook founder and Democratic donor Mark Zuckerberg set up a limited liability corporation and moved millions of untraceable dollars to leftist groups. Under the LLC format, he may legally spend unlimited sums in support of Democratic politicians, lobbying groups pushing for radical policies, and far-left activists who advocate for reforms that hurt election integrity.
This marks a radical departure from most megadonors’ use of tax-exempt nonprofits to fund political groups by side-stepping the IRS disclosure requirements and the ban on election intervention faced by foundations.
United-statesCaliforniaAmericaAmericanChris-jurgensGeorge-sorosSteve-jobsMark-zuckerbergPriscilla-chanHillary-clintonTom-steyerPierre-omidyarAmarillo Toys for Tots down 90% in toy donations
This is how the pandemic has affected the organization this year.
VIDEO: Amarillo Toys for Tots need the community s help this year because of the pandemic. By Taylor Mitchell | December 10, 2020 at 6:11 PM CST - Updated December 10 at 6:56 PM
AMARILLO, Texas (KFDA) - Amarillo Toys for Tots needs the community’s help with toy donations down and the need up.
Toys for Tots in Amarillo is asking for last minute toy donations with only eight more days to donate as Christmas quickly approaches.
“We can’t have as many volunteers; people are financially struggling so they can’t donate as much as before as well as businesses that are closed down that have donated in the past,” said Chris Jurgens, volunteer at Amarillo Toys for Tots.
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