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Sat Nov 30, 2013, 05:37 PM

New Tax Return Shows Karl Rove’s Group Spent Even More On Politics Than It Said

http://www.propublica.org/article/new-tax-return-shows-karl-roves-group-spent-more-on-politics-than-it-said


On its 2012 tax return, GOP strategist Karl Rove’s dark money behemoth Crossroads GPS justified its status as a tax-exempt social welfare group in part by citing its grants of $35 million to other similarly aligned nonprofits. (Here’s the tax return itself, which we detailed last week.)

The return, signed under penalty of perjury, specified that the grants would be used for social welfare purposes, “and not for political expenditures, consistent with the organization’s tax-exempt mission.”

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New tax documents, made public last Tuesday, indicate that at least $11.2 million of the grant money given to the group Americans for Tax Reform was spent on political activities expressly advocating for or against candidates. This means Crossroads spent at least $85.7 million on political activities in 2012, not the $74.5 million reported to the Internal Revenue Service. That’s about 45 percent of its total expenditures.

The transaction also provides a window into one way social welfare nonprofits work around the tax code’s dictate that their primary purpose cannot be influencing elections. Grants sent from one nonprofit to another may be earmarked for social welfare purposes, but sometimes end up being used to slam or praise candidates running for office.
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Reply New Tax Return Shows Karl Rove’s Group Spent Even More On Politics Than It Said (Original post)
Bill USA Nov 2013 OP
Faux pas Nov 2013 #1

Response to Bill USA (Original post)

Sat Nov 30, 2013, 05:42 PM

1. just imagine how many

kids and old folks could have been fed with that money. Shameful.

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