Posts tagged National Christian Foundation

Senate Hearing Examines Political Role Of Tax-Exempt Organizations

Politicians from both parties benefit from the abuse of the tax code, but they differ over who’s responsible, claiming that those on the other side are guilty of the greatest abuse. But they agree on one thing: Abuse has skyrocketed since 2010 and the Supreme Court’s controversial Citizens United decision.

News, North AmericaSteve RabeyMay 10, 2022Ministry Watch, Steve Rabey, Tax reform, Tax evasion, Nonprofits, Capital Research Center, My Faith Votes, National Christian Foundation, Secondary FeatureComment

‘Dark Money’: Faith-based, Other Nonprofits Funnel Tax-Free Money To Political Groups

While Uncle Sam grants Americans tax deductions for charitable giving, the government prohibits deductions for donations to political groups. But a growing number of donors on the left and the right have used “dark money” to exploit a simple work-around.

News, North AmericaSteve RabeyJanuary 13, 2022Steve Rabey, dark money, taxes, charity, nonprofit, tax evasion, New Venture Fund, National Christian Foundation, Primary Feature, Secondary FeatureComment

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